Yonex Co. Strong Quarterly Performance and Optimistic Outlook

Yonex Co (JP:7906) has released an update.

Yonex Co., Ltd. reports a solid performance with an 11% year-on-year increase in net sales and a 15.4% increase in profits attributable to owners for the three-month period ending June 30, 2024. The company’s financial position remains strong with total assets growing to over 100 billion yen and a stable equity-to-asset ratio of 63.6%. Yonex anticipates continued growth, forecasting an 8.2% increase in net sales and a 5% rise in profits for the full fiscal year.

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