The Japanese company reported a 14% increase in consolidated net income to ¥12,617 million ($157.8 mm) from ¥11,046 million for the 12 months ended Mar. 31, largely due to the sale of a Tokyo building and adjacent land. Annual operating income was down 9% to ¥19,628 million ($245.4 mm) from ¥21,573 million. Consolidated sales rose 5.3% to ¥247,792 million ($3.1 bb) from ¥235,349 million. Sales outside the home market rose 5% to ¥155,327 million ($1.94 bb), fueled by running shoe sales in the Americas and Europe and the acquisition and consolidation of Haglofs Holding AB and ASICS Canada. For the ... Log in to view full article.