YONEX Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2023 and Year Ending March 31, 2024
May 11, 2023 at 02:00 am EDT
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YONEX Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2023 and year ending March 31, 2024. For the period, the company expects net sales of JPY 57,000 million, operating profit of JPY 6,200 million, profit attributable to owners of parent JPY 4,400 million and basic earnings per share of JPY 50.49.
For the year, the company expects net sales of JPY 116,000 million, operating profit of JPY 10,700 million, profit attributable to owners of parent JPY 7,800 million and basic earnings per share of JPY 89.50.
YONEX CO., LTD. is a Japan-based company mainly engaged in the manufacture and sale of sporting goods, and the operation of sports facilities. The Company operates through two business segments. The Sporting Goods segment is mainly engaged in the manufacture, purchase and sale of sporting goods, including badminton rackets, soft tennis rackets, tennis rackets, golf clubs, snowboards, shuttlecocks and strings. The Company distributes it's products within the domestic market and to overseas markets, including Americas, Europe, and Asia. The Sports Facilities segment is mainly engaged in the management and operation of golf courses, tennis driving ranges and golf driving ranges.