Mizuno KK

8022

Equity

ISIN JP3905200006 / Valor 762796

Tokyo Stock Exchange (2024-09-13)

JPY 8,970.00-3.24%

Mizuno KK
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About company

Mizuno Corporation, established in 1906, is a Japanese sports equipment and sportswear company that focuses on the development and distribution of a wide range of sporting goods. The company is known for its high-quality products, including athletic footwear, apparel, and equipment for various sports such as baseball, golf, running, and volleyball. Mizuno leverages its extensive experience and commitment to innovation to enhance athletic performance and promote the benefits of sports in daily life. The company's mission is to contribute to society by advancing sporting goods and encouraging sports participation globally.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Revenue Growth

Mizuno KK reported a significant increase in revenue for the fiscal year ending March 31, 2024, with net sales rising to 229.7 billion JPY, marking an 8.3% year-over-year growth. This performance underscores a strong demand across various product lines.

Profitability Enhancement

For the fiscal year 2023, Mizuno KK achieved record highs in profitability metrics, with operating profit up by 33.5% to 17.3 billion JPY and net profit increasing by 44.4% to 14.3 billion JPY. These results reflect effective cost management and robust sales performance.

Dividend Increase

Reflecting its strong financial performance and commitment to shareholder returns, Mizuno KK increased its dividend payout for the fiscal year 2023 to 120 JPY per share, which is a significant increase from the previous year's dividend of 70 JPY per share.

Global Sales Distribution

Mizuno KK's financial report for 2023 highlights a strategic expansion in international markets, with overseas sales contributing to 38.4% of total revenue. Notably, regions such as Asia/Oceania saw an 18.6% increase in sales, driven by strong performance in competitive sports categories.

Future Outlook

Looking ahead, Mizuno KK provided a positive outlook for the fiscal year 2024, projecting further growth in net sales to 250 billion JPY and aiming for an operating income of 19 billion JPY. The company continues to focus on innovation and market expansion to drive future growth.

Summarized from source with an LLMView Source

Key figures

95.0%1Y

234%3Y

224%5Y

Performance

42.6%1Y

35.9%3Y

35.6%5Y

Volatility