Yonex' growth slowed down in the third quarter to Dec. 31 as its sales rose by only 5 percent to 13.9 billion yen (€114.3m-$121.0m), due in large part to the deceleration of the Japanese economy. Currency pressure hurt the company's results in North America and Europe. The gross margin fell by 1.3 percentage points to 41.4 percent, driving the comprehensive net income for the period down by 7 percent to ¥208 million (€1.71m-$1.81m).

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