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Mizuno (8022) investor relations material
Mizuno Q4 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record-high net sales of ¥259,045 million, operating profit, ordinary profit, and net profit for FY2025, with strong growth in Golf, Football, Work business, and Sportstyle shoes, both domestically and overseas.
Gross profit margin improved year-over-year, driven by strengthened direct-to-consumer (DTC) initiatives.
All regions reported record-high sales, with notable growth in Japan, EMEA, and Americas.
Celebrated the 120th anniversary, emphasizing innovation and leveraging sports product expertise.
Financial highlights
Net sales reached ¥259.0 billion, up 7.8% year-over-year; operating profit rose 8.8% to ¥22.6 billion; ordinary profit up 12.3% to ¥24.0 billion; net profit increased 20.6% to ¥18.4 billion.
Gross profit margin rose to 41.9%, up 0.9 points year-over-year.
Comprehensive income rose 30.3% year-over-year to ¥24,351 million.
Total assets increased 15.1% to ¥251.5 billion; net assets up 10.9% to ¥174.3 billion; capital adequacy ratio at 68.9%.
Cash and cash equivalents at year-end were ¥46.0 billion, up from ¥32.4 billion.
Outlook and guidance
FY2026 forecast: sales of ¥280 billion, operating profit of ¥25.5 billion, ordinary profit of ¥26.5 billion, and net profit of ¥19.0 billion.
Mid-term plan targets sales of ¥330 billion and operating profit of ¥31 billion by FY2028.
Aims for ROA and ROE of 11.5% by FY2028, focusing on growth categories, DTC expansion, pricing optimization, and asset efficiency.
The company aims to improve asset efficiency and pursue sustainable growth through high value-added products.
- Record sales and profits, higher dividends, and a 3-for-1 stock split announced.8022
Q3 202610 Feb 2026 - Record sales and profits, improved capital ratio, and steady full-year outlook.8022
Q2 20267 Nov 2025 - Record sales growth driven by Football and Work, but profits fell amid rising costs.8022
Q1 20267 Aug 2025 - Record first-half profits and robust global sales position Mizuno for continued growth.8022
Q2 202513 Jun 2025 - Record sales and profits led by Football and Lifestyle footwear, with margin improvement.8022
Q1 202513 Jun 2025 - Record profits, a 3-for-1 stock split, and global growth highlight robust performance.8022
Q4 20256 Jun 2025 - Record sales, higher margins, and a stock split signal strong growth momentum.8022
Q3 20255 Jun 2025
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