Profit attributable to owners of the Japanese company fell by 21.4 percent to ¥4.4 billion (€27.1m) for the six months ended Sept. 30. H1 operating income also declined by 21 percent to ¥5.6 billion (€34.7m) despite a 15.2 percent year-over-year improvement in net sales to ¥57.7 billion (€356.5m). Yonex is currently forecasting annual operating profit growth of 6.3 percent to ¥10.7 billion (€66.1m) for the 12 months ending March 31, 2024. Group revenues for the 12 months are expected to increase by 8.4 percent year-over-year to ¥116.0 billion (€716.4m).

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