Himaraya Net Gains in FY Despite Lower Sales
Comprehensive net income jumped 66% to ¥837 million ($7.7 mm) in the fiscal year ended Aug. 31, up from ¥503 last year, on 7% lower revenues of ¥67,960 million ($622.9 mm) against ¥72,907 million due to its substantially reduced footprint. Excluding comprehensive items, the bottom line gained 70% to ¥728 million from ¥427 million. Gross margin contracted 10 basis points to 34.9% on a higher ... Log in to view full article.