Comprehensive net income increased 25% to ¥2,671 million ($24.0 mm) from ¥2,138 million in the fiscal first half ended Sep. 30 on 5% lower revenues of ¥86,948 million ($779.9 mm) down from ¥91,766 million. Excluding foreign exchange effects and other comprehensive items, net income was off 4% to ¥2,410 million from ¥2,513 million. Gross margin expanded 110 basis points to 42.0%, but SG&A delivered 130 basis points on the lower topline. Footwear sales were down 8% to ¥25.3 billion ($227 mm), apparel dropped 4% to ¥26.3 billion ($236 m), equipment declined 7% to ¥20.2 billion ($181 mm) but the services ... Log in to view full article.