Mizuno Corporation, a Japanese sportswear company, has reported a 49.6 per cent revenues jump to ¥42.9 billion (Japanese yen) in the first quarter (Q1) of FY21 ended on June 30, 2021, over the same period of previous fiscal. Golf clubs and running shoes showed strong sales during the quarter especially in Americas and EMEA, according to the company.
Mizuno Corporation, a Japanese sportswear company, has reported 49.6 per cent revenues jump to ¥42.9 billion (Japanese yen) in first quarter (Q1) of FY21 ended on June 30, 2021, over the same period of previous fiscal. Golf clubs and running shoes showed strong sales during the quarter especially in Americas and EMEA, according to the company.#
Operating profit for the Q1 rose to ¥3.2 billion (Q1 FY20: loss ¥1.8 billion), while ordinary profit improved to ¥3.5 billion (loss: ¥1.7 billion). Moreover, the sports manufacturer’s net income increased to ¥2.7 billion (loss: ¥1.1 billion).
Mizuno Corporation, a Japanese sportswear company, has reported 49.6 per cent revenues jump to ¥42.9 billion (Japanese yen) in first quarter (Q1) of FY21 ended on June 30, 2021, over the same period of previous fiscal. Golf clubs and running shoes showed strong sales during the quarter especially in Americas and EMEA, according to the company.#
By region, sales from Japan during the three-month period escalated to ¥27.3 billion (¥17.1 billion), while Americas sales totalled to ¥6.3 billion (¥5.5 billion) and EMEA sales were ¥5.0 billion (¥2.6 billion).
Mizuno Corporation, a Japanese sportswear company, has reported 49.6 per cent revenues jump to ¥42.9 billion (Japanese yen) in first quarter (Q1) of FY21 ended on June 30, 2021, over the same period of previous fiscal. Golf clubs and running shoes showed strong sales during the quarter especially in Americas and EMEA, according to the company.#
Furthermore, sales from footwear category surged to ¥12.2 billion (¥8.0 billion), while Apparel sales expanded to ¥12.8 billion (¥8.4 billion).
Fibre2Fashion News Desk (JL)
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