Himaraya Profit Gains on Lower Sales
Comprehensive net income was up 79% to ¥820 million ($7.6 mm) from ¥459 million for the nine months ended May 31, although revenues declined 8% to ¥51,218 million ($472.7 mm) from ¥55,401 million. Comprehensive items had a minimal impact, and net income excluding those adjustments was up 87% to ¥807 million. Gross margin narrowed by 30 basis points to 34.5% on ... Log in to view full article.
