Yonex Sales Soar in Last Twelve Months
Profits slipped 14% in fiscal Q4 ended Mar. 31 to ¥700 million ($6.0 mm) from ¥812 million on 29% higher sales of ¥20,509 million ($176.5 mm) up from ¥15,839 million to finish a year in which the racquet sports brand bounced back from the pandemic. Full year revenues soared 44% to ¥74,485 million ($641.0 mm) from ¥51,554 million, driving a 425% bottom line gain to ¥5,781 million ($49.8 mm) against ¥1,102 million. Sales in North America grew 64% to ... Log in to view full article.