Himaraya, the large Japanese sporting goods retail chain, reports a 52 percent increase in net income to 637 million yen (€4.7m-$5.2m) for the third quarter ended May 31 on 7 percent higher revenues of ¥20.23 billion (€150.6m-$166.4m). The gross margin inflated by 1.6 percentage points to 38.0 percent for the quarter. The company ended up with 152 stores after 12 new openings and five shutdowns in the first nine months of its financial year.

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