Net income declined 15% in fiscal Q3 ended Dec. 31 to ¥3,239 million ($21.6 mm) from ¥3,824 million on 18% higher revenue of ¥40,942 million ($273.5 mm) against ¥34,816 million. All regions improved, with North American sales growing 11% to ¥1,928 million ($12.9 mm), driven by tennis and badminton, particularly racquets and strings. Europe increased 18% to ¥1,459 million, and the home Japan market was up 9% to ¥14,875 million, while Rest ... Log in to view full article.
