Komori
Results7906YONEX CO.,LTD.Information and Communications, Services and Others

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP)

For the interim period of the fiscal year ending March 2027, revenue rose 15.5% year on year and operating profit rose 22.3%, resulting in higher revenue and earnings. The full-year earnings forecast and full-year dividend forecast were left unchanged.

Worth reading
47Recurring
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
15.5
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales91,853¥ millionYear on year +15.5%Progress 50.7%
Operating profit10,822¥ millionYear on year +22.3%Progress 57.3%
Ordinary income10,897¥ millionYear on year +32.9%Progress 57.1%
Net income attributable to owners of the parent8,213¥ millionYear on year +28.9%

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share¥95.97
Financial position at period-end
Total assets140,109¥ million
of which net assets 89,183 ¥ millionEquity ratio 63.5%vs. prior year-end +0.9pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating+4,561
Investment-3,975
Financials-1,714
Net change-1,128

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥33,426 million
Segment revenueJapan ¥35,794 million (YoY +14.4%), Asia ¥47,339 million (YoY +15.7%), North America ¥4,744 million (YoY +22.4%), Europe ¥3,612 million (YoY +17.1%), Sports equipment business (total) ¥91,490 million (YoY +15.6%), Sports Facilities Business ¥362 million (YoY +0.5%)
Segment profitJapan ¥3,514 million (YoY +69.4%), Asia ¥6,963 million (YoY +15.2%), North America ¥412 million (YoY +43.7%), Europe ¥475 million (YoY +108.7%), Sports equipment business (total) ¥11,366 million (YoY +31.6%), Sports Facilities Business ¥46 million (YoY +0.8%)
Regional sales¥35,794 million (YoY +14.4%), ¥47,339 million (YoY +15.7%), ¥4,744 million (YoY +22.4%), ¥3,612 million (YoY +17.1%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥181,000 million (YoY +10.6%)
Operating profit¥18,900 million (YoY +14.2%)
Ordinary income¥19,100 million (YoY +17.1%)
Profit attributable to owners of the parent¥14,200 million (YoY +17.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥25 → ¥31(+24.0%)
Factors Behind Changes in Business Performance

The sports market remained firm, products attracted greater attention as contracted athletes performed well in international competitions, gross profit increased with higher revenue, and foreign exchange translation benefited from the weaker yen. Selling, general and administrative expenses increased due to higher advertising and personnel costs, but the increase in gross profit was greater.

Disclosure regarding the going concern assumption

No applicable matters (no matters applicable to the notes on the going concern assumption)

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Government subsidies ¥1,009 million / Extraordinary loss Not disclosed
Depreciation and amortization¥1,925 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End92,870,800 shares
Treasury Shares at Period-End7,204,473 shares
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥91,853 million (YoY +15.5%)
Operating profit¥10,822 million (YoY +22.3%)
Ordinary income¥10,897 million (YoY +32.9%)
Profit attributable to owners of the parent¥8,213 million (YoY +28.9%)
Net income per share¥95.97
Equity ratioEnd of the current fiscal period 63.5 / End of previous period 62.6
Total assets¥140,109 million
Net assets¥89,183 million
Cash flows from operating activities¥4,561 million
Cash flows from investing activities¥-3,975 million
Cash flows from financing activities¥-1,714 million
Cash and cash equivalents at end of period¥33,426 million
Full-year earnings forecastNet Sales ¥181,000 million (YoY +10.6%) / Operating profit ¥18,900 million (YoY +14.2%) / Ordinary income ¥19,100 million (YoY +17.1%) / Profit attributable to owners of the parent ¥14,200 million (YoY +17.4%)
Revision to Earnings ForecastNo
Annual Dividend Forecast¥25 → ¥31(+24.0%)
Segment revenueJapan ¥35,794 million (YoY +14.4%), Asia ¥47,339 million (YoY +15.7%), North America ¥4,744 million (YoY +22.4%), Europe ¥3,612 million (YoY +17.1%), Sports equipment business (total) ¥91,490 million (YoY +15.6%), Sports Facilities Business ¥362 million (YoY +0.5%)
Segment profitJapan ¥3,514 million (YoY +69.4%), Asia ¥6,963 million (YoY +15.2%), North America ¥412 million (YoY +43.7%), Europe ¥475 million (YoY +108.7%), Sports equipment business (total) ¥11,366 million (YoY +31.6%), Sports Facilities Business ¥46 million (YoY +0.8%)
Regional sales¥35,794 million (YoY +14.4%), ¥47,339 million (YoY +15.7%), ¥4,744 million (YoY +22.4%), ¥3,612 million (YoY +17.1%)
Depreciation and amortization¥1,925 million
Breakdown of extraordinary income (loss)Extraordinary income Government subsidies ¥1,009 million / Extraordinary loss Not disclosed
Disclosure regarding the going concern assumptionNo applicable matters (no matters applicable to the notes on the going concern assumption)
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors and analysts)
Issued Shares at Period-End92,870,800 shares
Treasury Shares at Period-End7,204,473 shares
Factors Behind Changes in Business PerformanceThe sports market remained firm, products attracted greater attention as contracted athletes performed well in international competitions, gross profit increased with higher revenue, and foreign exchange translation benefited from the weaker yen. Selling, general and administrative expenses increased due to higher advertising and personnel costs, but the increase in gross profit was greater.
Items this document does not state (6)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogImpairment lossMaterial subsequent events

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.

The sports market remained firm in each region, contracted athletes performed well in international competitions and attracted greater attention to the Company's products, and the increase in gross profit from higher revenue exceeded the increase in selling, general and administrative expenses, including advertising and personnel costs. The weaker yen also had an impact through foreign exchange translation.

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.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 (Japanese GAAP) | YONEX CO.,LTD. (7906) timely disclosure | Komori