All Yonex articles – Page 2
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ArticleYonex bolstered by badminton in Covid recovery year
Yonex’s sales increased 44.5 percent to 74.4 billion yen (€573.5m) for the financial year ended March 31 as the Japanese company reported strong product sales growth in China on the strength of badminton. As the company recovered from Covid-19 impacts, annual operating profit soared by 553 percent to ¥6,738 million ...
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ArticleYonex jumps by 51.1%
Yonex’ revenues jumped by 51.1 percent to 53.9 billion yen (€410m) in the first nine months of its financial year, including an indicated 41 percent increase to 19.2 billion yen (€150m) in the third quarter ended Dec. 31. Sales rose in the nine months by just 37.1 percent to ¥27.3 ...
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Article
Yonex raises guidance as Q2 sales grow by 34%, driven by China
Yonex enjoyed a sales increase of 34 percent to 16.6 billion yen (€143.2m-$169.1m) in its second quarter, ended Sept. 30, leading the Japanese company to nearly double its net income to ¥2,396 million (€18.4m-$21.8m). The gross margin expanded by 3.5 percentage points to 46.7 percent. Sales grew in Japan by ...
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News briefs
Yonex’ sales nearly double
Yonex turned around to a net profit of 948 million yen (€7.4m-$8.7m) in its first quarter ended June 30 from a loss of ¥1,279 million in the year-ago period as its sales nearly doubled to ¥16,179 million (€126.0m-$147.9m). They almost tripled in Japan and expanded by 61 percent in the ...
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News briefs
Naomi Osaka teams up with an artist on co-designed Yonex tennis products
Naomi Osaka has collaborated with an influential Japanese artist, Takashi Murakami, to co-design a limited-edition Yonex tennis racquet and the accompanying bag. Osaka and Murakami have re-imagined the silhouette of the Ezone racquet, decorating it with the artist’s signature cherry blossom motif atop a white base. The player’s name, “Naomi,” ...
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Article
Some more Japanese brands are turning the corner
Besides Asics, Mizuno and Goldwin, whose latest results have already been covered, some other Japanese companies have reported better results for the three months of 2021. The foreign exchange impact was slight. For one of them, Yonex, this was insufficient to record an improvement for the full financial year, however. ...
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News briefs
Yonex’ revenues drop by 8%, but Europe is up slightly
Yonex’ sales declined by 8 percent to ¥13.6 billion (€106.3m-$130.4m) for the third fiscal quarter ended Dec. 31. In North America, revenues dropped by 8 percent, despite higher tennis sales after Naomi Osaka won the U.S. Open using a Yonex racquet. In Japan, revenues fell by 7 percent due to ...
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News briefs
Yonex declines in Europe and the U.S.
Yonex, the Japanese brand of racquet and golf products, saw its revenues decline by 19 percent to ¥13,893 million (€111.8m-$130.9m) in the second fiscal quarter ended Sept. 30. Europe fell by 57 percent to ¥234 million (€1.9m-$2.2m), as many sports facilities remained closed over the pandemic. Badminton sales declined across ...
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News briefs
Yonex declines by 6%
Yonex’ revenues went down by 5.9 percent to 15,377 million yen (€128.8m-$143.4m) in the fourth quarter of its financial year, ended on March 31. In Japan, which accounted for 60 percent of the company’s total turnover, sales declined by 13 percent from the year-ago quarter. In North America, they dropped ...
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