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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 2022 JPYUSD
Gross Profit69,451M618.04M
Operating income9,874M87.86M
Income before tax10,886M96.87M
Net income7,717M68.67M
Diluted EPS302.012.68
Dividends Per Share600.53
Total Assets166,356M1,370.59M
Total liabilities53,890M443.99M
Total equity111,981M922.60M
Operating cash flow12,041M107.15M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 185,399M 178,108M 169,742M 150,419M 172,744M
Gross Profit 72,906M 71,335M 67,077M 58,629M 69,451M
Operating income 8,044M 7,623M 6,264M 3,807M 9,874M
Income before tax 7,825M 6,656M 5,883M 5,820M 10,886M
Net income 4,879M 6,005M 4,626M 3,749M 7,717M
EBITDA 11,337M 10,549M 9,187M 6,722M 12,736M
Diluted EPS 192.99 237.04 181.91 146.89 302.01
Dividends Per Share 50 50 50 50 60
Total Assets 156,439M 155,593M 154,378M 157,137M 166,356M
Total liabilities 64,382M 59,183M 55,043M 52,958M 53,890M
Total equity 91,713M 96,054M 98,883M 103,781M 111,981M
Operating cash flow 11,299M 4,048M 8,214M 8,781M 12,041M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,672.78M 1,606.10M 1,561.19M 1,418.27M 1,537.24M
Gross Profit 657.80M 643.26M 616.93M 552.80M 618.04M
Operating income 72.57M 68.74M 57.61M 35.89M 87.86M
Income before tax 70.60M 60.02M 54.10M 54.87M 96.87M
Net income 44.02M 54.15M 42.54M 35.34M 68.67M
EBITDA 102.28M 95.12M 84.49M 63.38M 113.33M
Diluted EPS 1.74 2.13 1.67 1.38 2.68
Dividends Per Share 0.45 0.45 0.45 0.47 0.53
Total Assets 1,470.98M 1,405.72M 1,430.02M 1,422.05M 1,370.59M
Total liabilities 605.37M 534.69M 509.86M 479.25M 443.99M
Total equity 862.36M 867.81M 915.96M 939.19M 922.60M
Operating cash flow 101.94M 36.50M 75.54M 82.79M 107.15M

Valuation Measures

Mar 2022
Operating margin5.71%
Profit margin4.46%

Key executives

  • 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


  • Mizuno Sports Promotion Foundation (16.4%)
  • Silchester International Investors LLP (4.0%)
  • Mizuno Corp. (3.8%)
  • Sumitomo Mitsui Financial Group, Inc. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.9%)
  • Mizuno Employee Stock Ownership Plan (2.6%)
  • Nippon Life Insurance Co. (2.5%)
  • Dimensional Fund Advisors LP (2.2%)
  • Nomura Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (1.7%)

Contact Details

  • Website:
  • 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


  • Topgolf Callaway Brands Corp.
  • Fusheng Precision Co. Ltd.
  • Abeo SA
Last Updated on 2 Dec, 2022

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