Financial Results for the Fiscal Year Ending March 2026 and Medium-Term Management Plan Presentation | GLOBERIDE,Inc. (7990) timely disclosure

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Direction

Mixed performance

Direction inferred from the company’s description.

Scale

2973

¥ million (year-on-year increase in net sales)

Wording

Conditional

How definitive the wording is.

Contents of this document

Medium-Term Management Plan PresentationFiscal year ending March 202611 items taken from the company’s own explanation

Financial Results Figures (The key points of this material are explained below)

Net Sales¥126,956 million+2.4%

Operating profit¥6,501 million-0.1%

Ordinary income¥7,184 million+10.7%

Net income¥5,409 million+13.1%

Gross Profit Margin38.1%

Operating profit margin5.1%

Selling, general and administrative expenses¥41,868 million

Full-year earnings forecast

Reporting periodFiscal year ending March 2027

Net Sales

¥134,000 million

Operating profit

¥7,000 million

Ordinary income

¥6,400 million

Net income

¥5,500 million

What the company explained in this material

Self-assessment against the planThe company's self-assessment against its own plan.

Achieved the revised plan for the fiscal year ended March 2026; expected to fall short of the plan for the fiscal year ending March 2027

Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.

Increase in gross profit from higher revenue¥1,182 million
Improved cost ratio¥581 million
Increase in selling, general and administrative expenses¥-1,826 million
Foreign Exchange Effects¥56 million

Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.

The assumptions include a gradual recovery in market conditions, surging raw material and energy prices, geopolitical risks, US trade policy and stagnation in the Chinese economy; numerical assumptions are Not disclosed

New initiatives

Formulation of Medium-Term Management Plan 2030
Construction of a new building on land adjacent to the head office and development of a mother factory
Four-region global sales strategy
Expansion of DAIWA CONNECTED
Accelerating Initiatives in Pickleball
Application of carbon technology in the medical field
Development of a next-generation management platform through DX

Key KPIsA metric the company considers important as a management benchmark.

Equity ratio54.1 %
Year on year against the same period last year+0.6 percentage points
ROE8.6 %
ROIC5.9 %
PBR0.71 times
Dialogue and meetings with shareholders and institutional investors65 times

Segment results

Japan
Net Sales66,596
Revenue unit¥ million
Year-on-year change in revenue0.6
Operating profit5,629
Operating profit unit¥ million
Year-on-year operating profit growth24.8
Americas
Net Sales13,707
Revenue unit¥ million
Year-on-year change in revenue2.9
Operating profit-169
Operating profit unit¥ million
Year-on-year operating profit growthDeclined from a profit of ¥39 million in the previous fiscal year
Europe
Net Sales17,000
Revenue unit¥ million
Year-on-year change in revenue4.4
Operating profit683
Operating profit unit¥ million
Year-on-year operating profit growth2.7
Asia and Oceania
Net Sales29,651
Revenue unit¥ million
Year-on-year change in revenue5.2
Operating profit4,846
Operating profit unit¥ million
Year-on-year operating profit growth-5.6

Medium-term management plan targets

Target fiscal yearFiscal year ending March 2031

Net Sales¥160,000 million

Operating profit¥16,000 million

Operating profit margin10.0%

Ordinary income¥15,500 million

Net income¥12,000 million

ROE12% or more

PBRAt least 1.0x on a sustained basis

Total payout ratioApproximately 50% throughout the period

Financial targets

ROE target12% or higher by the fiscal year ending March 2031

Actual ROE8.6% (fiscal year ended March 2026)

Actual ROIC5.9% (fiscal year ended March 2026)

D/E ratio policyTo remain at approximately 0.4–0.5x

Market Size / Share

DIADEM has the leading domestic share in pickleball. The global pickleball market is expected to expand by 10–15% annually, and the Japanese market by 50–80% annually

Capital expenditures

¥65 100 million planned amount for new production facilities, renovations to existing buildings and other investments

Annual Dividend

Fiscal year ending March 2026¥90 per share

Forecast for the fiscal year ending March 2027¥100 per share

Contents of this document
Item	Details
Document type	Medium-Term Management Plan Presentation
Fiscal Period Covered	Fiscal year ending March 2026
Net Sales	¥126,956 million (YoY +2.4%)
Operating profit	¥6,501 million (YoY -0.1%)
Ordinary income	¥7,184 million (YoY +10.7%)
Net income	¥5,409 million (YoY +13.1%)
Gross Profit Margin	38.1%
Operating profit margin	5.1%
Selling, general and administrative expenses	¥41,868 million
Full-year earnings forecast	Reporting period Fiscal year ending March 2027 / Net Sales ¥134,000 million / Operating profit ¥7,000 million / Ordinary income ¥6,400 million / Net income ¥5,500 million
Self-assessment against the plan	Achieved the revised plan for the fiscal year ended March 2026; expected to fall short of the plan for the fiscal year ending March 2027
Segment results	Segment Japan / Net Sales 66,596 / Revenue unit ¥ million / Year-on-year change in revenue 0.6 / Operating profit 5,629 / Operating profit unit ¥ million / Year-on-year operating profit growth 24.8, Segment Americas / Net Sales 13,707 / Revenue unit ¥ million / Year-on-year change in revenue 2.9 / Operating profit -169 / Operating profit unit ¥ million / Year-on-year operating profit growth Declined from a profit of ¥39 million in the previous fiscal year, Segment Europe / Net Sales 17,000 / Revenue unit ¥ million / Year-on-year change in revenue 4.4 / Operating profit 683 / Operating profit unit ¥ million / Year-on-year operating profit growth 2.7, Segment Asia and Oceania / Net Sales 29,651 / Revenue unit ¥ million / Year-on-year change in revenue 5.2 / Operating profit 4,846 / Operating profit unit ¥ million / Year-on-year operating profit growth -5.6
Breakdown of Factors Affecting the Change	Factors Increase in gross profit from higher revenue / Amount ¥1,182 million, Factors Improved cost ratio / Amount ¥581 million, Factors Increase in selling, general and administrative expenses / Amount ¥-1,826 million, Factors Foreign Exchange Effects / Amount ¥56 million
Key KPIs	Indicator name Equity ratio / Value 54.1 % / Year on year against the same period last year +0.6 percentage points, Indicator name ROE / Value 8.6 % / Year on year against the same period last year Not disclosed, Indicator name ROIC / Value 5.9 % / Year on year against the same period last year Not disclosed, Indicator name PBR / Value 0.71 times / Year on year against the same period last year Not disclosed, Indicator name Dialogue and meetings with shareholders and institutional investors / Value 65 times / Year on year against the same period last year Not disclosed
Assumptions Underlying the Business Outlook	The assumptions include a gradual recovery in market conditions, surging raw material and energy prices, geopolitical risks, US trade policy and stagnation in the Chinese economy; numerical assumptions are Not disclosed
Medium-term management plan targets	Target fiscal year Fiscal year ending March 2031 / Net Sales ¥160,000 million / Operating profit ¥16,000 million / Operating profit margin 10.0% / Ordinary income ¥15,500 million / Net income ¥12,000 million / ROE 12% or more / PBR At least 1.0x on a sustained basis / Total payout ratio Approximately 50% throughout the period
Financial targets	ROE target 12% or higher by the fiscal year ending March 2031 / Actual ROE 8.6% (fiscal year ended March 2026) / Actual ROIC 5.9% (fiscal year ended March 2026) / D/E ratio policy To remain at approximately 0.4–0.5x
Annual Dividend	Fiscal year ending March 2026 ¥90 per share / Forecast for the fiscal year ending March 2027 ¥100 per share / Interim and Year-End Breakdown Not disclosed
Capital expenditures	¥65 100 million (planned amount for new production facilities, renovations to existing buildings and other investments)
Market Size / Share	DIADEM has the leading domestic share in pickleball. The global pickleball market is expected to expand by 10–15% annually, and the Japanese market by 50–80% annually
New initiatives	Formulation of Medium-Term Management Plan 2030, Construction of a new building on land adjacent to the head office and development of a mother factory, Four-region global sales strategy, Expansion of DAIWA CONNECTED, Accelerating Initiatives in Pickleball, Application of carbon technology in the medical field, Development of a next-generation management platform through DX

Items this document does not state (10)

Results for the three months of the current quarterProgress against full-year forecastUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookPayout ratioAcquisition of treasury sharesOrders received and order backlogKey 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.

Revenue increased due to the provision of attractive products and high-quality services, as well as a gradual recovery in market conditions. Gross profit increased on higher revenue and cost improvements, but operating profit declined due to higher personnel expenses and packing and transportation costs. Ordinary profit and net profit increased due to valuation gains on foreign-currency-denominated receivables and other factors.

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