Mizuno Turns Around

Mizuno Corporation has lowered its guidance for the full year that ends on March 31 after a 9.9 percent drop in sales for the third quarter ended Dec. 31 to ¥34.6 billion (€278.4m-$381.2m). Despite this, Mizuno managed a quarterly net profit of ¥0.1 billion (€804,500-$1.1m) compared with last year’s loss ...

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