In the second quarter of fiscal 2023, Descente saw a 4.9 per cent increase in net sales but faced a 15.2 per cent decline in operating income.
The company reported an 18.8 per cent rise in ordinary income and a 10.5 per cent increase in net income attributable to owners.
Earnings per share improved to 75.11 yen, up from 68 yen in the previous year’s quarter.