Yonex Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2024 and Year Ending March 31, 2025
May 23, 2024 at 11:30 am IST
Share
YONEX Co., Ltd. provided consolidated earnings guidance for the Six months ending September 30, 2024 and Year Ending March 31, 2025. For the period, the company expects net sales of JPY 62,500 million, operating profit of JPY 6,200 million, profit attributable to owners of parent of JPY 4,400 million and basic earnings per share of JPY 50.85.
For the year, the company expects net sales of JPY 126,000 million, operating profit of JPY 12,500 million, profit attributable to owners of parent of JPY 9,300 million and basic earnings per share of JPY 107.49.
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.