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Mizuno Corporation (8022) investor relations material
Mizuno Corporation Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary7 Aug, 2025
Executive summary
Net sales reached a record 63.5bn JPY, up 4.5% year-over-year, driven by global growth in Football, Work, and Sportstyle shoes.
Operating profit declined 3.3% year-over-year to 6.3bn JPY due to higher SG&A expenses, but the operating profit ratio exceeded the annual forecast.
Profit attributable to owners of parent decreased 5.0% year-over-year to 4.9bn JPY.
Comprehensive income dropped sharply to 2.3bn JPY, down 71.9% year-over-year.
Gross margin ratio improved year-over-year due to effective price setting.
Financial highlights
Gross profit increased to 26.8bn JPY from 25.2bn JPY year-over-year.
Ordinary profit was 6.8bn JPY, down 8.6% year-over-year.
Earnings per share was 63.60 JPY, down from 66.95 JPY year-over-year (post-split).
Total assets at quarter-end were 214.9bn JPY, down 3.6bn JPY from March 2025.
Net assets stood at 157.1bn JPY, a decrease of 3.3bn JPY from the previous fiscal year-end.
Outlook and guidance
Full-year net sales forecast at 260.0bn JPY, up 8.2% year-over-year, with operating profit projected at 22.5bn JPY.
Profit attributable to owners of parent forecasted at 16.5bn JPY, up 8.2% year-over-year.
No changes to previously announced full-year forecasts.
Forecasts are subject to global economic risks, competition, and exchange rate changes.
Operating profit ratio for 1Q at 9.9% exceeded the annual forecast of 8.7%.
Explain the gross profit increase despite higher expenses.
What factors contributed to the capital adequacy ratio increase?
How did the stock split affect earnings per share?
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Next Mizuno Corporation earnings date
Q2 20267 Nov, 2025
Next Mizuno Corporation earnings date
Q2 20267 Nov, 2025
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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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