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Financial Results Presentation7906YONEX CO.,LTD.Information and Communications, Services and Others

Earnings Presentation Materials for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, revenue, operating income and net income all increased, with revenue and operating income reaching record highs. The company expects higher revenue and income in the fiscal year ending March 2027 and plans to increase its annual dividend to ¥28.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
18.3
% (year-on-year change in consolidated revenue)
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial Results PresentationFiscal year ending March 2026, full year6 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥163,643 million+18.3%
Operating profit¥16,546 million+16.7%
Ordinary income¥16,316 million+16.8%
Net income¥12,092 million+14.2%
Gross Profit Margin44.3%
Operating profit margin10.1%
Selling, general and administrative expenses¥55,980 million
Full-year earnings forecast
Net Sales
¥178,000 million
Operating profit
¥17,800 million
Ordinary income
¥17,600 million
Profit attributable to owners of the parent
¥13,200 million
Operating profit margin
10.0%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Increase in gross profit from higher revenue¥11,385 million
  • Decline in gross margin¥-919 million
  • Increase in personnel expenses¥-1,922 million
  • Increase in Advertising Expenses¥-4,297 million
  • Increase in R&D expenses¥-313 million
  • Increase in other SG&A expenses¥-1,562 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 1RMB¥22.5
  • 1TWD¥4.9
  • 1USD¥155
  • 1EUR¥180
  • 1GBP¥205
  • AssumptionsThe sports market is expected to remain reasonably steady
New initiatives
  • Strengthen the growth platform under the Global Growth Strategy (GGS)
  • Marketing investment to enhance brand awareness globally
  • Expand headcount and personnel expenses in line with the strengthening of the business platform
Key KPIsA metric the company considers important as a management benchmark.
  • EPS¥141.42
    Year on year against the same period last year+¥18.46
  • ROE16.2 %
    Year on year against the same period last year△0.1pt
  • Overseas revenue ratio74.4 %
    Year on year against the same period last year+2.1pt
  • Badminton revenue as a percentage of consolidated revenue62.2 %
  • Tennis revenue as a percentage of consolidated revenue13.4 %
Segment results
  • Japan
    Net Sales¥64,092 million (YoY +10.5%)
    Operating profit¥3,962 million (YoY +7.3%)
  • Asia
    Net Sales¥85,562 million (YoY +25.8%)
    Operating profit¥11,864 million (YoY +22.2%)
  • North America
    Net Sales¥7,358 million (YoY +15.8%)
    Operating profit¥256 million (YoY -54.2%)
  • Europe
    Net Sales¥6,077 million (YoY +13.4%)
    Operating profit¥506 million (YoY +6.2%)
  • Sports Facilities Business
    Net Sales¥552 million (YoY -0.8%)
    Operating profit¥-22 million
Annual Dividend
Fiscal year ending March 2026
Annual¥25
Interim¥12
End of period¥13
Forecast for the fiscal year ending March 2027
Annual¥28
Interim¥14
End of period¥14
Contents of this document
ItemDetails
Document typeFinancial Results Presentation
Fiscal Period CoveredFiscal year ending March 2026, full year
Net Sales¥163,643 million (YoY +18.3%)
Operating profit¥16,546 million (YoY +16.7%)
Ordinary income¥16,316 million (YoY +16.8%)
Net income¥12,092 million (YoY +14.2%)
Gross Profit Margin44.3%
Operating profit margin10.1%
Selling, general and administrative expenses¥55,980 million
Full-year earnings forecastNet Sales ¥178,000 million / Operating profit ¥17,800 million / Ordinary income ¥17,600 million / Profit attributable to owners of the parent ¥13,200 million / Operating profit margin 10.0%
Segment resultsSegment Japan / Net Sales ¥64,092 million (YoY +10.5%) / Operating profit ¥3,962 million (YoY +7.3%), Segment Asia / Net Sales ¥85,562 million (YoY +25.8%) / Operating profit ¥11,864 million (YoY +22.2%), Segment North America / Net Sales ¥7,358 million (YoY +15.8%) / Operating profit ¥256 million (YoY -54.2%), Segment Europe / Net Sales ¥6,077 million (YoY +13.4%) / Operating profit ¥506 million (YoY +6.2%), Segment Sports Facilities Business / Net Sales ¥552 million (YoY -0.8%) / Operating profit ¥-22 million
Breakdown of Factors Affecting the ChangeFactors Increase in gross profit from higher revenue / Amount ¥11,385 million, Factors Decline in gross margin / Amount ¥-919 million, Factors Increase in personnel expenses / Amount ¥-1,922 million, Factors Increase in Advertising Expenses / Amount ¥-4,297 million, Factors Increase in R&D expenses / Amount ¥-313 million, Factors Increase in other SG&A expenses / Amount ¥-1,562 million
Key KPIsIndicator name EPS / Value ¥141.42 / Year on year against the same period last year +¥18.46, Indicator name ROE / Value 16.2 % / Year on year against the same period last year △0.1pt, Indicator name Overseas revenue ratio / Value 74.4 % / Year on year against the same period last year +2.1pt, Indicator name Badminton revenue as a percentage of consolidated revenue / Value 62.2 % / Year on year against the same period last year Not disclosed, Indicator name Tennis revenue as a percentage of consolidated revenue / Value 13.4 % / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business OutlookIndicator 1RMB / Value ¥22.5, Indicator 1TWD / Value ¥4.9, Indicator 1USD / Value ¥155, Indicator 1EUR / Value ¥180, Indicator 1GBP / Value ¥205, Assumptions The sports market is expected to remain reasonably steady
Annual DividendFiscal year ending March 2026 Annual ¥25 / Interim ¥12 / End of period ¥13 / Forecast for the fiscal year ending March 2027 Annual ¥28 / Interim ¥14 / End of period ¥14
New initiativesStrengthen the growth platform under the Global Growth Strategy (GGS), Marketing investment to enhance brand awareness globally, Expand headcount and personnel expenses in line with the strengthening of the business platform
Items this document does not state (15)
Results for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Amid steady conditions in the sports market, the company pursued initiatives including communications highlighting the achievements of contracted athletes, its “Head to Toe” proposal, and stronger sales channels. Sales of badminton and tennis products increased. Although selling, general and administrative expenses, including advertising and personnel expenses, rose, the increase in gross profit from higher revenue exceeded the increase in SG&A expenses.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Earnings Presentation Materials for the Fiscal Year Ending March 2026 | YONEX CO.,LTD. (7906) timely disclosure | Komori