Mizuno sees margins decrease

2013-05-31T00:00:00

Mizuno raised its sales by 5.6 percent to a total of 163.65 billion yen (€1.2b-$1.6b) in the financial year ended March 31, but its operating earnings (Ebit) fell by 34.4 percent to ¥3,604 million (€27.4m-$35.7m), with declines in all the regions. The company blamed higher operating costs and higher purchasing ...

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