Yonex FY Income Declines on U.S. Tax Charge
Comprehensive net income slipped 17% to ¥2,258.7 million ($20.8 mm) from ¥2,727.7 million for the fiscal year ended Mar. 31 on 2% higher revenues of ¥62,188.0 million ($573.9 mm) from ¥61,042.8 million. The bottom line was pulled down by an unspecified charge for a reversal of U.S. deferred tax assets due the Tax Act. Excluding foreign exchange and other ... Log in to view full article.
