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Descente Cuts Outlook amid Boycott in South Korea

Descente Cuts Outlook amid Boycott in South Korea

   Osaka, Nov. 6 (Jiji Press)--Descente Ltd. <8114> announced Wednesday a sharp reduction in its consolidated net profit forecast for the year ending next March, citing the impact of a boycott of Japanese products in South Korea.
   The Japanese sports goods maker saw its sales in South Korea drop by over 30 pct in July-September amid strained relations between the two countries and expects a similar situation for October-December.

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AFP-JIJI PRESS NEWS JOURNAL


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