Mizuno finished the fiscal year ended Mar. 31, growing 8% to ¥259,045 million ($1,730.4 mm) from ¥240,335 million and increasing net income by 21% to ¥18,376 million ($122.8 mm) from ¥15,243 million. Gross margin expanded 90 basis points to 41.9%, and SG&A was up 10% nad 80 b.p. higher as a percent of sales. Profits easily exceeded guidance, while the top line came up just short. FY27 revenues are expected to hit ¥280.0 billion, with growth weighted toward the back half of the year, driving net income modestly higher to ¥19.0 ... Log in to view full article.