Globeride Finishes FY on a High Note
The Japanese parent of Daiwa fishing and golf posted its strongest improvement of the year, with net income up 150% to ¥427 million ($2.7 mm) from ¥171 million and revenues 6% higher at ¥31,445 million ($200.4 mm) up from ¥29,722 million. For the full fiscal year ended Mar. 31, sales inched up 2% to ¥126,956 million ($848.2 mm), and net income was 13% higher at ¥5,409 million ($36.1 mm). Gross margin expanded ... Log in to view full article.