Descente's sales climbed by 10.3 percent to ¥135,778 million (€1,098.8m-$1,247.1m) for the fiscal year until the end of March 2016, with nearly stagnant sales in Japan but expansion in other markets. The Japanese winter sports apparel brand and supplier of many other branded sports products lifted its sales by just 1 percent to ¥57.0 billion (€461.3m-$523.5m), but other Asian markets delivered an increase of 16 percent to ¥76.0 billion (€615.0m-$697.9m), driven by athletic wear sales in South Korea and steady golf and outdoor apparel sales. Sales outside of Asia still accounted for a tiny share of the turnover at ¥2,753 million (€22.3m-$25.3m), but that was more than twice the number of the previous fiscal year. The rise chiefly came from Europe and skiwear. Over the summer, Descente acquired majority control of Inov8, the trail running footwear brand, which did well in Europe and the U.S. market. Closer to the end of the fiscal year, in February, entities related to Descente sealed a preliminary agreement to form a joint venture with Anta Sports Products, the leading Chinese sports brand, for the sale of the Japanese brand's products in China, excluding Hong Kong and Macau. The group's operating income was up by 13.6 percent to ¥10,376 million (€83.9m-$95.3m) and net income came in at ¥7,870 million (€63.7m-$72.3m), an increase of 19.9 percent for the fiscal year to March 2016. For the current fiscal year, Descente is projecting sales of ¥138 billion (€1,116.4m-$1,267.1m) and net income of ¥7.5 billion (€60.7m-$68.9m).

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