Mizuno
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Mizuno (8022) investor relations material

Mizuno Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary10 Feb, 2026

Executive summary

  • Achieved record highs in net sales, operating profit, ordinary profit, and net profit for the nine months ended December 31, 2025, compared to the same period last year.

  • Growth was driven by focus categories including Running, Football, Indoor sports, Sportstyle shoes, Golf, and Work business, with strong sales in both domestic and overseas markets.

Financial highlights

  • Net sales rose to ¥187.3bn, up 6.8% year-over-year, with gross profit increasing to ¥78.8bn.

  • Operating profit increased to ¥17.9bn, up 12.1% year-over-year.

  • Ordinary profit reached ¥19.0bn, up 12.1% year-over-year; comprehensive income increased 14.3% to ¥15.3bn.

  • Net profit climbed to ¥14.9bn, up 18.0% year-over-year.

  • Gross margin ratio improved to 42.1%, up 0.5 points year-over-year.

Outlook and guidance

  • Full-year net sales forecast is ¥260.0bn, with 72% progress as of Q3; operating profit projected at ¥22.5bn and net profit at ¥16.5bn.

  • Net profit forecast for the full year is ¥16.5bn, with 90.3% progress as of Q3.

  • Year-end dividend forecast revised upward to 90 yen per share, annual total 150 yen before stock split; annual dividend forecast also cited as 60 yen per share post-split.

  • 3-for-1 stock split effective April 1, 2025; EPS and dividend figures adjusted accordingly.

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Frequently asked questions

Mizuno Corporation, founded in 1906, is a Japanese company specializing in the manufacture and sale of sports equipment, sportswear, and footwear. The company is renowned for its wide array of products catering to various sports, including baseball, golf, volleyball, rugby, table tennis, and running. Mizuno is not only involved in the production of sports goods but also engages in the management of sports facilities, supports school sports programs, and collaborates with governments on sports-related projects. Mizuno Corporation is headquartered in Osaka, Japan, and its shares are listed on the Tokyo Stock Exchange.

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