Mizuno sees lower profits than expected

Mizuno continues to project a sales increase of 11.8 percent to ¥183 billion yen (€1,358m-$1,831m) for the financial year ending next March 31, but has revised downward its forecast for net earnings, predicting that they will only increase to ¥2.1 billion (€15.6m-$21.0m), up 7.9 percent from the previous financial year, ...