In the financial year ended March 31, Yonex' comprehensive net income jumped by 61 percent to 2,727 million yen (€22.0m-$24.5m), while its revenues rose by 13 percent to ¥61.04 billion (€489.5m-$544.2m). The gross margin inflated by 0.7 percentage points to 43.9 percent. The Chinese market was the key growth driver for the Japanese badminton brand with a 64 percent sales increase to ¥17.5 billion (€140.4m-$156.0m). Yonex' sales in the domestic Japanese market inched up by 1 percent to ¥39.1 billion (€313.7m-$348.6m). They declined by 11 percent in North America as well as in Europe, down to levels of ¥1,760 million (€14.1m-$15.7m) and ¥2,197 million (€17.6m-$19.6m), respectively.

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