Foreign Sales Hurt Mizuno

The first half of the fiscal year ended Sept. 30 saw a 10.1 percent drop in worldwide revenues for Mizuno Corporation, ending at ¥76.2 billion (€586.7m-$879.3m). The gross margin fell by 1.2 percentage points to 40.7 percent, and net income dropped by 31.8 percent to ¥0.9 billion (€6.9m-$10.4m).

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