Net loss was ¥2,164 million ($13.8 mm), compared with a profit of ¥971 million for Xebio’s fiscal year ended Mar. 31, on sales that inched up 1% to ¥252,331 million ($1,608.4 mm) from ¥250,603 million. Most categories slumped, led by winter gear with a 15% decline to ¥7,245 million, and sports apparel down 4% to ¥28,245 million, while golf was off 1% to ¥80,185 million, and outdoor was flat at ¥31,288 million. General sporting goods and footwear were a bright spot, increasing 5% to ¥89,448 million. Gross margin contracted 130 ... Log in to view full article.