Overview
Other Products

Mizuno Corporation

Mizuno Corporation is a leading Japanese sporting goods manufacturer engaged in the development, manufacturing, and sales of a broad range of sports products including baseball equipment, sports apparel, sports footwear, and golf goods. The company serves both professional athletes and general consumers across global markets, with operations spanning Japan, Europe, the Americas, and Asia-Oceania. In addition to product sales, Mizuno provides sports facility construction, facility management, school sports programs, lifestyle goods, and working wear, leveraging its brand heritage since 1906 to deliver performance-oriented products with a commitment to sustainability.

Market Cap
¥333B
US$2.13B
EV
¥296B
US$1.89B
Stock¥4,385▼-0.23%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.4
x
LTM EV/EBIT
11.9
x
LTM PER
17.1
x
LTM PBR
1.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+31.4%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Aug 7, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
333BUS$2.13BMarket Cap25.6BUS$163M+ Debt49.0BUS$313M− Cash15.3BUS$97.7M− Inv. Sec.1.02BUS$6.48M+ NCI296BUS$1.89BEV
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Performance & Balance
Revenue 5Y (¥B)
173US$1.10B'22/3212US$1.35B'23/3230US$1.46B'24/3240US$1.53B'25/3259US$1.65B'26/3
EBITDA 5Y (¥B)
12.4US$78.8M'22/315.6US$99.6M'23/320.5US$131M'24/323.8US$152M'25/326.4US$168M'26/3
Net Income 5Y (¥B)
7.72US$49.2M'22/39.91US$63.2M'23/314.3US$91.3M'24/315.2US$97.2M'25/318.4US$117M'26/3
Capital Structure
87%
EquityD/E 0.14xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
31.2US$199M10.6US$67.8M'22/331.1US$198M23.8US$152M'23/341.5US$264M13.4US$85.5M'24/342.0US$268M16.6US$106M'25/360.3US$385M25.8US$165M'26/3
Shareholders
Top 10 hold 59.0%
1
Mizuno Sports Promotion Foundation (Public Interest Incorporated Foundation)
17.27%
2
The Master Trust Bank of Japan, Ltd.
10.54%
3
Custody Bank of Japan, Ltd.
9.91%
4
STATE STREET BANK AND TRUST COMPANY (Standing Proxy: Mizuho Bank, Ltd.)
7.15%
5
Sumitomo Mitsui Banking Corporation
3.67%
6
J.P. MORGAN CHASE BANK (Standing Proxy: Mizuho Bank, Ltd., Settlement & Clearing Services Department)
3.03%
7
Nippon Life Insurance Company
2.69%
8
Mizuno Corporation Employee Stock Ownership Association
1.92%
9
The Dai-ichi Life Insurance Company, Limited
1.48%
10
THE BANK OF NEW YORK MELLON (Standing Proxy: Mizuho Bank, Ltd.)
1.35%
Management
8 officers
Akihito MIZUNO
Representative Director, President
Aug 1975 Joined Mizuno Corporation Dec 1982 General Manager, Marketing Office, Senri Business Division May 1984 Director May 1986 Managing Director Jun 1990 Senior Managing Director Jun 1994 Director, Executive Vice President Jun 1998 Representative Director, Executive Vice President Jun 2006 Representative Director, President (current)
1949-08-25
Tsuyoshi SHICHIJO
Representative Director, Executive Vice President, Executive Officer
Mar 1984 Joined Mizuno Corporation Mar 2005 General Manager, Marketing Department, Athletic Business Division Oct 2010 General Manager, Apparel Planning and Production Division Jun 2012 Director, in charge of Global Apparel Products Jun 2013 Chairman, SHANGHAI MIZUNO CORPORATION LTD. (current) Jun 2015 In charge of Global Footwear Products (current) Jun 2016 Executive Officer Jan 2017 In charge of South American Business Oct 2018 In charge of Global Marketing Jun 2021 In charge of Competition Sports Business Jun 2022 Director, Managing Executive Officer Jun 2023 Director, Senior Managing Executive Officer Jun 2025 Representative Director, Senior Managing Executive Officer Jun 2026 Representative Director, Executive Vice President, Executive Officer (current)
1961-10-27
Takumi NAKATA
Director, Senior Managing Executive Officer
Mar 1990 Joined Mizuno Corporation Jan 2013 General Manager, Administration Department, Mizuno Technics Co., Ltd. Jan 2015 Deputy General Manager, SHANGHAI MIZUNO CORPORATION LTD. Jan 2018 Representative Director, President, Mizuno Technics Co., Ltd. Jun 2021 Executive Officer, in charge of Global Equipment Products (current) May 2022 In charge of Global R&D (current) and Quality Assurance (current) Jun 2025 Director, Managing Executive Officer Jun 2026 Director, Senior Managing Executive Officer (current)
1965-12-01
Yoshihiro MURAKAMI
Director, Managing Executive Officer
Mar 1990 Joined Mizuno Corporation Oct 2015 General Manager, Accounting and Finance Department Jan 2019 General Manager, Lifestyle Sports Business Division Apr 2019 General Manager, Life & Health Business Division Jun 2022 Executive Officer, in charge of Life & Health Business (current), Accounting and Finance (current), Logistics Management (current), Legal Affairs (current) and Internal Audit (current) Jun 2025 Chairman, MIZUNO (TAIWAN) CORPORATION (current) Jun 2026 Director, Managing Executive Officer (current)
1967-10-03
Ken URUTANI
Director, Audit and Supervisory Committee Member
Mar 1991 Joined Mizuno Corporation Jun 2017 Corporate Auditor, Seno Co., Ltd. (current) May 2020 Corporate Auditor, Sharp Sangyo Co., Ltd. (current) Jan 2022 General Manager, Accounting and Finance Department Jun 2025 Corporate Auditor, MIZUNO (TAIWAN) CORPORATION (current) Jun 2026 Director, Audit and Supervisory Committee Member (current)
1969-03-22
Yuko ARAI
Director
Apr 1979 Joined All Nippon Airways Co., Ltd. Apr 2014 Executive Officer, All Nippon Airways Co., Ltd. Apr 2016 Senior Executive Officer, All Nippon Airways Co., Ltd. Apr 2016 Director and Vice President, ANA Sales Co., Ltd. (now ANA Akindo Co., Ltd.) Jun 2016 Director, Aichi Steel Corporation (current) Apr 2021 Director and Vice President, ANA Akindo Co., Ltd. Jun 2021 Director, Daikin Industries, Ltd. (current) Apr 2022 Advisor, ANA Akindo Co., Ltd. Jun 2024 Director, Mizuno Corporation (current)
1961-01-27
Akiko HOSOKAWA
Director, Audit and Supervisory Committee Member
Mar 1994 Registered as Certified Public Accountant Dec 2000 Resigned from Ota Showa Century Audit Corporation, Osaka Office (now EY ShinNihon LLC) Aug 2002 Outside Corporate Auditor, Soiken Holdings Inc. Nov 2012 Partner, Hosokawa Sogo Partners Tax Accountant Corporation (current) Jun 2019 Member, Audit Committee, City of Kobe (current) Jun 2020 Director, Audit and Supervisory Committee Member, Mizuno Corporation (current) Jun 2023 Outside Director, Alinco, Inc. (current)
1963-10-16
Makiko UJIIE
Director, Audit and Supervisory Committee Member
Dec 2010 Registered as Attorney-at-Law Jan 2011 Joined Umegae Chuo Law Office Jan 2018 Partner Attorney, Umegae Chuo Law Office (current) Oct 2021 Outside Corporate Auditor, ORJ Co., Ltd. (now BREXA CrossBorder Co., Ltd.) Mar 2022 Outside Director, Outsourcing Inc. (now BREXA Next Co., Ltd.) Mar 2024 Outside Corporate Auditor, Futopa Inc. Jan 2025 Outside Director, Audit and Supervisory Committee Member, Futopa Inc. (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Estic Corporation (current) Jun 2026 Director, Audit and Supervisory Committee Member, Mizuno Corporation (current)
1983-04-28
Large Shareholding Reports
Amova Asset Management Co., Ltd.
2026-09-24
2.30%
Sumitomo Mitsui DS Asset Management Co., Ltd.
2026-08-24
5.80%→6.87%
Grantham, Mayo, Van Otterloo & Co. LLC
2026-06-25
5.01%→6.08%
Sumitomo Mitsui DS Asset Management Company, Limited
2026-05-22
4.61%→5.80%
Nomura Asset Management Co., Ltd.
2026-05-22
2.96%→3.20%
Grantham, Mayo, Van Otterloo & Co. LLC
2026-05-19
5.01%
Nomura Asset Management Co., Ltd.
2026-04-07
2.96%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2026-03-05
3.05%→2.31%
Mizuno Sports Promotion Foundation
2026-03-05
16.04%→16.47%
Annual report (as of 2026-03-31): 17.27%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.05%→3.05%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-08-21
3.05%
Silchester International Investors LLP
2021-10-20
5.04%→4.04%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-09-24
Large Shareholding Report
EDINET
2026-08-24
Large Shareholding Report
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-22
Large Shareholding Report
EDINET
2026-05-22
Large Shareholding Report
EDINET
2026-05-19
Large Shareholding Report
EDINET
2026-04-07
Large Shareholding Report
EDINET
2026-03-05
Large Shareholding Report
EDINET
2026-03-05
Large Shareholding Report
TDnet
2026-02-10
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-10
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-21
Large Shareholding Report
TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-11
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-09
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-12
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-21
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-06-22
Annual Securities Report
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