Consumer Non-Durables

Mizuno Corp.

Business Summary

Mizuno Corp. engages in the manufacture and sale of sporting goods. Its products include sports shoes, sports wear, baseball and golf products, and sports equipment. It operates through the following geographical segments: Japan, Europe, North and South America, and Asia and Oceania. The company was founded by Rihachi Mizuno and Rizo Mizuno on April 1, 1906 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	212,044M	1,564.69M
Gross Profit	78,512M	579.34M
Operating income	12,945M	95.52M
Income before tax	13,584M	100.23M
Net income	9,911M	73.13M
EBITDA	15,805M	116.62M
Diluted EPS	387.69	2.86
Dividends Per Share	70	0.51
Total Assets	197,523M	1,484.13M
Total liabilities	73,244M	550.33M
Total equity	123,736M	929.71M
Operating cash flow	-8,047M	-59.37M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	178,108M	169,742M	150,419M	172,744M	212,044M
Gross Profit	71,335M	67,077M	58,629M	69,451M	78,512M
Operating income	7,623M	6,264M	3,807M	9,874M	12,945M
Income before tax	6,656M	5,883M	5,820M	10,886M	13,584M
Net income	6,005M	4,626M	3,749M	7,717M	9,911M
EBITDA	10,549M	9,187M	6,722M	12,736M	15,805M
Diluted EPS	237.04	181.91	146.89	302.01	387.69
Dividends Per Share	50	50	50	60	70
Total Assets	155,593M	154,378M	157,137M	166,356M	197,523M
Total liabilities	59,183M	55,043M	52,958M	53,890M	73,244M
Total equity	96,054M	98,883M	103,781M	111,981M	123,736M
Operating cash flow	4,048M	8,214M	8,781M	12,041M	-8,047M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	1,606.10M	1,561.19M	1,418.27M	1,537.24M	1,564.69M
Gross Profit	643.26M	616.93M	552.80M	618.04M	579.34M
Operating income	68.74M	57.61M	35.89M	87.86M	95.52M
Income before tax	60.02M	54.10M	54.87M	96.87M	100.23M
Net income	54.15M	42.54M	35.34M	68.67M	73.13M
EBITDA	95.12M	84.49M	63.38M	113.33M	116.62M
Diluted EPS	2.13	1.67	1.38	2.68	2.86
Dividends Per Share	0.45	0.45	0.47	0.53	0.51
Total Assets	1,405.72M	1,430.02M	1,422.05M	1,370.59M	1,484.13M
Total liabilities	534.69M	509.86M	479.25M	443.99M	550.33M
Total equity	867.81M	915.96M	939.19M	922.60M	929.71M
Operating cash flow	36.50M	75.54M	82.79M	107.15M	-59.37M

Valuation Measures

Mar 2023
PER	8.00
ROA	5.44%
ROE	8.40%
Operating margin	6.10%
Profit margin	4.67%

Management

President & Representative Director: Akito Mizuno
Executive Officer, Head-Accounting & Finance: Yoshihiro Murakami
Representative Director & Head-Retail Sales: Daisuke Fukumoto
Director & Managing Executive Officer: Osamu Sano
Director & Managing Executive Officer: Takeshi Shichijo

Shareholders

Mizuno Sports Promotion Foundation (16.4%)
Mizuno Corp. (3.8%)
Sumitomo Mitsui Financial Group, Inc. (3.6%)
Sumitomo Mitsui DS Asset Management Co., Ltd. (3.4%)
Nippon Life Insurance Co. (2.5%)
The Vanguard Group, Inc. (2.4%)
Mizuno Employee Stock Ownership Plan (2.4%)
Dimensional Fund Advisors LP (2.3%)
Nomura Asset Management Co., Ltd. (2.2%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.1%)

Contact Details

Website:https://www.mizuno.eu
Address: 1-12-35 Nanko-Kita, Suminoe-Ku, Osaka, 559-8510, Japan
Phone: +81.6.6614.8000

Related Companies

Mizuno Restricted Stock Compensation Plan
Mizuno Iberia SL
Mizuno Singapore Pte Ltd.
Mizuno Norge AS
Mizuno Corp. France
Mizuno (China) Corp.
Mizuno Corporation of Hong Kong Ltd.
Mizuno Corp. (United Kingdom)
Mizuno (Taiwan) Corp.
Mizuno Employee Incentive Plan
Mizuno Korea Ltd.
Mizuno Corp. Australia Pty Ltd.
Mizuno Canada Ltd.
Senoh Corp.
Mizuno Technics Corp.
Mizuno Industry Hikami Co. Ltd.
Mizuno Industry Shikoku Co. Ltd.
Mizuno Industry Haga Co. Ltd.
Mizuno Industry Ayama Co. Ltd.
Mizuno Alpha Service Co. Ltd.
Mizuno Italia Srl
Shanghai Mizuno Corp. Ltd.
Mizuno Corp. Pension Fund
Mizuno Finance Netherlands BV
Mizuno USA, Inc.
Mizuno Kyoeikai Business Association
Mizuno Employee Stock Ownership Plan
Mizuno Sports Promotion Foundation

Competitors

Topgolf Callaway Brands Corp.
Fusheng Precision Co. Ltd.
Launch Technologies Co., Ltd.

Last Updated on 22 Sep, 2023