Financial reporting

Yonex hikes FY outlook on improving overseas trends

By and 2023-02-09T08:05:00

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Yonex, which only three months ago warned of tougher business conditions on the horizon, has lifted its full-year outlook, citing “a recovery in demand, particularly overseas.” The Japanese company, which has baked higher raw-material costs and currency impact into its forecast, is now anticipating annual revenues of 106,000 million yen ...

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