Mizuno returns to profits despite lower sales

2017-09-04T00:00:00

Weak sales in Japan and unfavorable exchange rates caused Mizuno's revenues to decline by 5.1 percent to 45,900 million yen (€358.5bn-$420.9bn) in its first fiscal quarter, ended June 30. They decreased by ¥1.5 billion (€11.7m-$13.7m) due to the depreciation of several currencies against the yen.

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