Noting that consumer confidence is improving in Japan, Himaraya is predicting increases in its current financial year of 5 percent in sales, 9 percent in operating income and 13 percent in net profit. For the financial year ended Aug. 31, the Japanese sporting goods retailer has reported a 44 percent boost in net earnings to ¥1,323 million yen (€9.8m-$11.0m). Revenues grew by 5 percent to ¥72.36 billion (€536.8m-$601.7m), led by increases of 22 percent in camping and other outdoor products, 9 percent in golf, 7 percent in snowboard equipment and 2 percent in global football. The gross margin improved by 1.37 percentage points to 38.1 percent. The chain ended up with 151 stores. It plans to open ten more in the present fiscal year.

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