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Consumer Durables

Yonex Co., Ltd.

Business Summary

Yonex Co., Ltd. engages in the manufacture, sale, and distribution of sporting goods. It operates through the following segments: Sporting Goods and Sports Facilities. The Sporting Goods segment offers badminton, tennis, and golf equipment and accessories in Japan, North America, Europe, and Asia. The Sports Facilities segment manages tennis courts, golf courses, and golf practice fields. The company was founded by Minoru Yoneyama in April 1946 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue74,485.30M662.84M
Gross Profit32,671.95M290.74M
Operating income6,738.61M59.96M
Income before tax7,821.66M69.60M
Net income5,780.57M51.44M
EBITDA8,475.09M75.41M
Diluted EPS66.110.58
Dividends Per Share100.08
Total Assets67,335.47M554.77M
Total liabilities21,605.86M178.00M
Total equity45,607.48M375.75M
Operating cash flow7,430.58M66.12M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 62,188.00M 61,097.94M 61,967.10M 51,554.08M 74,485.30M
Gross Profit 25,541.87M 25,268.66M 25,447.41M 20,599.36M 32,671.95M
Operating income 2,925.25M 2,482.53M 2,421.39M 1,032.38M 6,738.61M
Income before tax 2,859.34M 2,572.36M 2,454.90M 2,108.49M 7,821.66M
Net income 1,862.53M 1,722.84M 1,652.89M 1,102.09M 5,780.57M
EBITDA 4,313.79M 3,972.23M 4,150.34M 2,711.29M 8,475.09M
Diluted EPS 21.29 19.69 18.89 12.58 66.11
Dividends Per Share 5 5 5 4.50 10
Total Assets 53,612.21M 54,640.96M 54,519.02M 55,612.28M 67,335.47M
Total liabilities 16,796.81M 17,146.25M 15,761.01M 15,961.27M 21,605.86M
Total equity 36,815.40M 37,454.88M 38,758.01M 39,651.01M 45,607.48M
Operating cash flow 2,783.97M 2,283.05M 2,967.92M 4,537.68M 7,430.58M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 561.09M 550.95M 569.93M 486.09M 662.84M
Gross Profit 230.45M 227.86M 234.05M 194.22M 290.74M
Operating income 26.39M 22.38M 22.27M 9.73M 59.96M
Income before tax 25.79M 23.19M 22.57M 19.88M 69.60M
Net income 16.80M 15.53M 15.20M 10.39M 51.44M
EBITDA 38.92M 35.81M 38.17M 25.56M 75.41M
Diluted EPS 0.19 0.17 0.17 0.11 0.58
Dividends Per Share 0.04 0.04 0.04 0.04 0.08
Total Assets 504.11M 493.66M 505.01M 503.27M 554.77M
Total liabilities 157.93M 154.91M 145.99M 144.44M 178.00M
Total equity 346.17M 338.39M 359.02M 358.83M 375.75M
Operating cash flow 25.11M 20.58M 27.29M 42.78M 66.12M

Valuation Measures

Mar 2022
PER15.56
ROA9.40%
ROE13.56%
Operating margin9.04%
Profit margin7.76%

Key executives

  • President, Representative Director & GM-Marketing: Arisa Yoneyama
  • Director, General Manager-Production & Technology: Kazuo Kobayashi
  • Executive Officer & Manager-Tokyo Plant: Toshiaki Mori
  • Director, Executive Officer & GM-Marketing: Wataru Hirokawa
  • Director, Executive Officer & GM-Overseas Sales: Hiroaki Ebihara

Shareholders

  • Yonex Sports Foundation (10.1%)
  • Yonex Co., Ltd. (6.7%)
  • YONEYAMA FAMILY (6.1%)
  • BNY Mellon Investment Management Japan Ltd. (5.5%)
  • YONEYAMA SHUICHI (4.5%)
  • Niigataken Indoor Sport Shinko Yonex Zaidan (4.2%)
  • Yonex Business Association (3.6%)
  • YONEYAMA MIEKO (3.3%)
  • Baillie Gifford & Co. (2.9%)
  • YONEYAMA TSUTOMU (2.7%)

Contact Details

  • Website:http://www.yonex.co.jp
  • Address: 3-23-13 Yushima, Bunkyo-Ku, Tokyo, 113-8543, Japan
  • Phone: +81.3.3836.1221

Related Companies

  • Y GmbH
  • Yonex Restricted Stock Compensation Plan
  • ToyoZouki Co. Ltd.
  • Yonex India Pvt Ltd.
  • Yonex Employee Incentive Plan 2
  • Yonex Canada Ltd.
  • Yonex Employee Incentive Plan
  • Yonex Taiwan Co., Ltd.
  • Yonex U.K. Ltd.
  • Yonex GmbH
  • Yonex Sports Hong Kong Ltd.
  • Yonex Corp.
  • Yonex Sports Ltd.
  • Niigataken Indoor Sport Shinko Yonex Zaidan
  • Yonex Sports Foundation
  • Yonex Business Association
  • Yonex Employee Stock Ownership Plan

Competitors

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