YONEX Co., Ltd. Provides Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 09, 2022 at 01:00 am EST
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YONEX Co., Ltd. provided earnings guidance for the fiscal year ending March 31, 2023. For the year, the company expected Net sales to be JPY 97,000 Million; Operating profit to be JPY 9,200 Million; Profit attributable to owners of parent to be JPY 7,000 Million and Earnings per share to be JPY 80.23.
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.