Descente Ltd reported its sales for the year ended March 31, 2010 reached ¥76.0 ($819.5mm), down 1.3% from a year earlier and 2.5% below forecast of ¥78.0 billion ($840.8mm).
The Japanese maker of sportswear, best known in the United States for its snowsports apparel, reported operating income fell 27.6% to ¥3.09 billion ($33.3mm), falling 16.5% short of its forecast for the year. Net income reached ¥1.85 billion ($19.9mm), down 15.9% from a year earlier and its forecast, according to numbers published by Reuters.
