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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Mizuno
Mizuno (8022) investor relations material
Mizuno Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 earnings summary7 Aug, 2026
Executive summary
Achieved record highs in net sales, operating profit, ordinary profit, and net profit for the first quarter year-over-year, with net sales rising 12.6% to ¥71,505 million.
Strong growth in Golf, Running, Football, Sportstyle shoes, and Work business segments drove performance in Japan and overseas.
All regions, including Japan, Americas, EMEA, and Asia/Oceania, posted record-high sales; overseas sales ratio reached 47.7%.
Financial highlights
Net sales: ¥71.5bn (+12.6% yoy); operating profit: ¥8.4bn (+33.1% yoy); ordinary profit: ¥8.7bn (+28.2% yoy); net profit: ¥6.0bn (+23.5% yoy).
Gross profit increased to ¥31,149 million from ¥26,795 million year-over-year; gross margin ratio improved to 43.6% (+1.4pts yoy); operating profit margin rose to 11.7% (+1.8pts yoy).
Comprehensive income surged to ¥7,411 million, up 226.6% year-over-year.
Earnings per share rose to ¥79.28 from ¥63.60 year-over-year.
All regions contributed to sales growth, with FX effects adding ¥1.9bn to total sales.
Outlook and guidance
Full-year forecast maintained: net sales of ¥280,000 million (+10.5% YoY), operating profit of ¥25,500 million (+8.1% YoY), and profit attributable to owners of parent of ¥19,000 million (+12.8% YoY).
Annual dividend forecast raised to ¥66.00 per share.
Continued focus on promotional investments in growth areas and direct-to-consumer (DTC) sales.
Asset efficiency and inventory optimization remain key management priorities.
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Latest events from Mizuno
- Interim records across sales and profits; FY2027 guidance remains unchanged.8022
Q2 2027 - Record FY2024 results set up further growth, tempered by cost and macroeconomic risks.8022Q4 2024
- Record-high sales and profits, with strong growth and a positive outlook for next year.8022Q4 2026
- Record sales and profits, higher dividends, and a 3-for-1 stock split announced.8022Q3 2026
- Record sales and profits, improved capital ratio, and steady full-year outlook.8022Q2 2026
- Record sales growth driven by Football and Work, but profits fell amid rising costs.8022Q1 2026
- Record first-half profits and robust global sales position Mizuno for continued growth.8022Q2 2025
- Record sales and profits led by Football and Lifestyle footwear, with margin improvement.8022Q1 2025
- Record profits, a 3-for-1 stock split, and global growth highlight robust performance.8022Q4 2025
Next Mizuno earnings date
Q2 202717 Nov, 2026
Mizuno
Next Mizuno earnings date
Q2 202717 Nov, 2026
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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.