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Results8022Mizuno CorporationInformation and Communications, Services and Others

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

In the interim period of the fiscal year ending March 2027, sales of sports-style shoes, golf products and running products grew in Japan and overseas, and net sales, operating profit, ordinary profit and interim net income attributable to owners of the parent all exceeded the same period of the previous year. The full-year earnings forecast remains unchanged, while the annual dividend forecast has increased from the previous fiscal year's actual dividend of ¥60 to ¥66.

Worth reading
47Recurring
Scored from 5 of 6 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
9.9
% (year-on-year change in net sales)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales139,089Millions of yenYear on year +9.9%Progress 49.7%
Operating profit14,663Millions of yenYear on year +22.1%Progress 57.5%
Ordinary income15,266Millions of yenYear on year +20.0%Progress 57.6%
Net income attributable to owners of the parent10,708Millions of yenYear on year +8.4%Progress 56.4%

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¥140.79
Financial position at period-end
Total assets257,564Millions of yen
of which net assets 184,329 Millions of yenEquity ratio 71.2%vs. prior year-end +2.3pt

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+13,979
Investment-3,280
Financials-3,530
Net change+7,169

Stacked from zero: upward is an increase in cash, downward a decrease (in Millions of yen).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 period53,713 Millions of yen
Segment revenueJapan 76,581 Millions of yen (YoY +4.2%), Europe 17,919 Millions of yen (YoY +27.0%), Americas 24,655 Millions of yen (YoY +18.4%), Asia and Oceania 19,932 Millions of yen (YoY +10.0%)
Segment profitJapan 8,232 Millions of yen (YoY +13.8%), Europe 1,001 Millions of yen (YoY +212.9%), Americas 3,202 Millions of yen (YoY +36.8%), Asia and Oceania 1,937 Millions of yen (YoY -8.3%)
Regional sales76,581 Millions of yen (YoY +4.2%), 17,919 Millions of yen (YoY +27.0%), 24,655 Millions of yen (YoY +18.4%), 19,932 Millions of yen (YoY +10.0%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales280,000 Millions of yen (YoY +8.1%)
Operating profit25,500 Millions of yen (YoY +12.8%)
Ordinary income26,500 Millions of yen (YoY +10.5%)
Net income19,000 Millions of yen (YoY +3.4%)
Annual Dividend Forecast60 Yen → 66 Yen(+10.0%)
Factors Behind Changes in Business Performance

In Japan, sales of sports-style shoes and work business products performed well, while overseas sales of golf, running, football and sports-style shoes grew. In Asia and Oceania, golf sales declined due to stagnation in the South Korean golf market, and in the Americas, higher costs resulting from tariffs reduced gross profit by approximately ¥200 million net.

Disclosure regarding the going concern assumption

Not applicable

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 Number of companies 1 / Company name MIZUNO APAC (VIETNAM) COMPANY LIMITED / Excluded Number of companies 0 / Company name Not disclosed
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 24 Millions of yen
Depreciation and amortization2,061 Millions of yen
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End79,734,729
Treasury Shares at Period-End3,649,843
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 Sales139,089 Millions of yen (YoY +9.9%)
Operating profit14,663 Millions of yen (YoY +22.1%)
Ordinary income15,266 Millions of yen (YoY +20.0%)
Profit attributable to owners of the parent10,708 Millions of yen (YoY +8.4%)
Net income per share¥140.79
Equity ratioEnd of the current fiscal period 71.2 / End of previous period 68.9
Total assets257,564 Millions of yen
Net assets184,329 Millions of yen
Cash flows from operating activities13,979 Millions of yen
Cash flows from investing activities-3,280 Millions of yen
Cash flows from financing activities-3,530 Millions of yen
Cash and cash equivalents at end of period53,713 Millions of yen
Full-year earnings forecastNet Sales 280,000 Millions of yen (YoY +8.1%) / Operating profit 25,500 Millions of yen (YoY +12.8%) / Ordinary income 26,500 Millions of yen (YoY +10.5%) / Net income 19,000 Millions of yen (YoY +3.4%)
Annual Dividend Forecast60 Yen → 66 Yen(+10.0%)
Segment revenueJapan 76,581 Millions of yen (YoY +4.2%), Europe 17,919 Millions of yen (YoY +27.0%), Americas 24,655 Millions of yen (YoY +18.4%), Asia and Oceania 19,932 Millions of yen (YoY +10.0%)
Segment profitJapan 8,232 Millions of yen (YoY +13.8%), Europe 1,001 Millions of yen (YoY +212.9%), Americas 3,202 Millions of yen (YoY +36.8%), Asia and Oceania 1,937 Millions of yen (YoY -8.3%)
Regional sales76,581 Millions of yen (YoY +4.2%), 17,919 Millions of yen (YoY +27.0%), 24,655 Millions of yen (YoY +18.4%), 19,932 Millions of yen (YoY +10.0%)
Depreciation and amortization2,061 Millions of yen
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 0 Millions of yen / Extraordinary loss Loss on disposal of fixed assets 24 Millions of yen
Disclosure regarding the going concern assumptionNot applicable
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 Number of companies 1 / Company name MIZUNO APAC (VIETNAM) COMPANY LIMITED / Excluded Number of companies 0 / Company name Not disclosed
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for institutional investors)
Issued Shares at Period-End79,734,729
Treasury Shares at Period-End3,649,843
Factors Behind Changes in Business PerformanceIn Japan, sales of sports-style shoes and work business products performed well, while overseas sales of golf, running, football and sports-style shoes grew. In Asia and Oceania, golf sales declined due to stagnation in the South Korean golf market, and in the Americas, higher costs resulting from tariffs reduced gross profit by approximately ¥200 million net.
Items this document does not state (7)
Operating MarginRevision to Earnings ForecastPayout 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.

In Japan, sales of sports-style shoes and work business products, which apply expertise in football, golf and sports product development, performed well. Overseas, sales of golf, running, football and sports-style shoes grew. In Asia and Oceania, golf sales declined due to stagnation in the South Korean golf market, while in the Americas, higher costs resulting from tariffs reduced gross profit by approximately ¥200 million.

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Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] | Mizuno Corporation (8022) timely disclosure | Komori