beluuga.ai

Overview

Wholesale Trade

ZETT CORPORATION

ZETT Corporation is a Japanese sports goods company engaged in the manufacturing, wholesale, and retail of sporting goods across more than 12 sports disciplines. The company operates through wholesale distribution to approximately 300 domestic suppliers and nationwide sporting goods retailers and mass merchandisers, as well as through direct retail stores. ZETT also holds distribution rights for approximately 800 domestic and overseas brands, including Thule, Converse, ryka, BUFF, FINIS, and SKLZ, offering a broad portfolio of sports and lifestyle products.

Market Cap

¥8.24B

US$52.5M

¥-5.10B

-US$32.5M

Stock¥421▲+0.72%

US$1 = ¥157.05 (2026-10-22)

LTM EV/EBITDA

LTM EV/EBIT

LTM PER

7.6

LTM PBR

0.5

2026-08-25 closing price basis: ranked #22 in beluuga.ai's "Japanese listed companies with negative Enterprise Value" ranking (simplified EV ≈ ¥-48B).

Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-32.9%pt

Oct 23, 25 – Oct 23, 26StockTOPIX

1Dec 26, 25Individual rise (details to be confirmed)

2Feb 16, 26Individual rise despite TOPIX decline

3Feb 27, 26Individual rise (details to be confirmed)

4Mar 2, 26Individual decline (details to be confirmed)

MC → EV Bridge

AI Briefing

Generating insights…

Performance & Balance

Revenue 5Y (¥B)

EBITDA 5Y (¥B)

Net Income 5Y (¥B)

Capital Structure

98%

EquityD/E 0.02xDebt

Liquidity vs Debt 5Y (¥B)▲ Net Cash

CashInv. Sec.Debt

Shareholders

Top 10 hold 45.7%

as of 2026-03-31 · Source: Annual Securities Report

Shintoku Ltd.

19.73%

Mizuho Bank, Ltd.

4.96%

Zett Kyoeikai (Employee Stock Ownership Association)

4.88%

Yasuo WATANABE

3.12%

ZETT CORPORATION Stock Ownership Association

2.57%

Hiroyuki WATANABE

2.52%

Tanabe Sports Co., Ltd.

2.13%

Sumitomo Mitsui Banking Corporation

2.05%

Molten Corporation

2.03%

Nippon Life Insurance Company

1.71%

Management

11 officers

Hiroyuki WATANABE

Representative Director, President

Apr 1989 Joined IBM Japan, Ltd. Jul 1995 Joined the Company Apr 2001 Deputy General Manager, Nagoya Store Apr 2002 General Manager, Management Planning Office Apr 2004 General Manager, General Affairs Headquarters and General Manager, General Affairs Department Jun 2004 Director, General Manager, General Affairs Headquarters and General Manager, General Affairs Department Jun 2006 Managing Director, General Manager, President's Office, General Manager, General Affairs Headquarters and General Manager, General Affairs Department Apr 2010 Representative Director, Executive Vice President, General Manager, Sales Division and General Manager, Management Planning Office Apr 2011 Representative Director, President, General Manager, Sales Division and General Manager, Athletic Business Headquarters Apr 2013 Representative Director, President (current)

1965-06-25

Koichi WADA

Director, Vice President

Apr 1975 Joined ITOCHU Corporation Apr 2005 Representative Director, President, Orizzonti Co., Ltd. and Representative Director, Vice President, Coronet Co., Ltd. Apr 2007 General Manager, Fashion & Apparel Division, ITOCHU Corporation (Executive Officer) Apr 2008 Representative Director, President, Raika Co., Ltd. Jul 2011 Advisor, Zett Create Co., Ltd. Oct 2011 Acting Director, President, Zett Create Co., Ltd. Apr 2012 Joined the Company; General Manager, Products Business Division and Representative Director, President, Zett Create Co., Ltd. Jun 2012 Director, General Manager, Products Business Division and Representative Director, President, Zett Create Co., Ltd. Apr 2014 Managing Director, General Manager, Products Business Division and Representative Director, President, Zett Create Co., Ltd. Apr 2017 Senior Managing Director and Representative Director, President, Zett Create Co., Ltd. Apr 2018 Director, Executive Vice President, Executive Officer and Representative Director, President, Zett Create Co., Ltd. (current)

1950-04-13

Tomokazu TAKAHASHI

Director, General Manager, Sales Division

Apr 1981 Joined the Company Apr 2001 Deputy General Manager, Leisure Business Department Apr 2005 Deputy General Manager, Soccer Business Department Apr 2009 General Manager, Fifth Business Division Apr 2012 Executive Officer, General Manager, Second Sales Department Jun 2014 Director, General Manager, Sales Headquarters Apr 2017 Managing Director, General Manager, Sales Headquarters Apr 2018 Director, Managing Executive Officer, General Manager, Sales Headquarters Apr 2020 Director, Senior Managing Executive Officer, General Manager, Sales Headquarters Apr 2021 Director, Senior Managing Executive Officer, General Manager, Sales Division and General Manager, Sales Headquarters Apr 2023 Director, Senior Managing Executive Officer, General Manager, Sales Division (current)

1957-07-13

Hitoshi UTSUNOMIYA

Director, Managing Executive Officer, General Manager, Sales Headquarters, Sales Division

Nov 1978 Joined the Company Apr 2005 Deputy General Manager, Winter & Outdoor Business Department Apr 2008 Deputy General Manager, BS Sales Department No. 2 Apr 2010 Deputy General Manager, Puma Promotion Department Apr 2013 General Manager, MD Purchasing, Alcanet Department Apr 2015 General Manager, First Sales Department, General Manager, Tokyo Branch and General Manager, Athletic Department Apr 2016 Executive Officer, General Manager, First Sales Department Apr 2020 Executive Officer, General Manager, First Sales Department, Sales Headquarters Jun 2021 Director, Executive Officer, General Manager, First Sales Department, Sales Headquarters, Sales Division Apr 2022 Director, Executive Officer, Deputy General Manager, Sales Division and General Manager, Fifth Sales Department, Sales Headquarters Apr 2023 Director, Managing Executive Officer, General Manager, Sales Headquarters, Sales Division and General Manager, Fifth Sales Department Apr 2024 Director, Managing Executive Officer, General Manager, Sales Headquarters, Sales Division (current)

1959-10-23

Kazumasa UEDA

Director, Managing Executive Officer, General Manager, MD & Products Headquarters, Sales Division

Apr 1984 Joined the Company Apr 2005 Deputy General Manager, Systems Department Apr 2008 General Manager, Systems Department, IT Strategy Headquarters Apr 2014 Executive Officer, Deputy General Manager, MD & Logistics Headquarters Apr 2018 Executive Officer, Deputy General Manager, MD & Logistics Headquarters and General Manager, Second Sales Department Apr 2019 Executive Officer, Deputy General Manager, MD & Logistics Headquarters and General Manager, First Business Division Jun 2019 Director, Executive Officer, General Manager, First Business Division, MD & Logistics Headquarters Apr 2021 Director, Executive Officer, General Manager, MD & Products Headquarters, Sales Division Apr 2025 Director, Managing Executive Officer, General Manager, MD & Products Headquarters, Sales Division (current)

1960-04-17

Yoji TANAKA

Director, Executive Officer, General Manager, Administration Division

Jan 2001 Joined Mizuho Trust & Banking Co., Ltd. Jul 2018 General Manager, Corporate Listing Promotion Department, Mizuho Trust & Banking Co., Ltd. Jul 2021 General Manager, Stock Transfer Agency Department, Mizuho Trust & Banking Co., Ltd. Dec 2024 Joined the Company; Advisor Apr 2025 Executive Officer, Deputy General Manager, Administration Headquarters, Administration Division Jun 2025 Director, Executive Officer, General Manager, Administration Division (current)

1965-10-29

Masashi WATANABE

Director, Executive Officer, General Manager, Administration Headquarters, Administration Division

Apr 2002 Joined the Company Apr 2007 Representative Director, President, Brilliance Co., Ltd. Apr 2011 Director, IT Strategy Headquarters Jun 2012 Director, IT Strategy Headquarters Apr 2013 Director, General Manager, IT Headquarters and General Manager, IT Strategy Office Apr 2017 Director, Deputy General Manager, MD & Logistics Headquarters and General Manager, First Sales Department Apr 2018 Director, Executive Officer, Deputy General Manager, MD & Logistics Headquarters and General Manager, MD Business Division Apr 2019 Director, Executive Officer, General Manager, Second Business Division, MD & Logistics Headquarters Apr 2020 Director, Executive Officer, General Manager, Third Business Division, MD & Logistics Headquarters Apr 2021 Director, Executive Officer, General Manager, Administration Headquarters, Administration Division and General Manager, General Planning Office (current)

1975-07-07

Hiroshi YAMANAKA

Director, General Manager, Products Business Division, Sales Headquarters, Sales Division

Apr 1989 Joined the Company Apr 2008 Deputy General Manager, Baseball Sales Department, West Japan Sales Department Apr 2014 General Manager, MD Department, Baseball & Softball Business Division, Zett Create Co., Ltd. Aug 2016 General Manager, Baseball Sales Department, Products Business Division Apr 2020 Executive Officer, General Manager, Baseball Sales Department, Products Business Division, Sales Headquarters Apr 2021 Executive Officer, General Manager, Products Business Division, Sales Headquarters, Sales Division and General Manager, Baseball Sales Department Jun 2023 Director, Executive Officer, General Manager, Products Business Division, Sales Headquarters, Sales Division and General Manager, Baseball Sales Department Apr 2024 Director, Executive Officer, General Manager, Products Business Division, Sales Headquarters, Sales Division (current)

1964-12-23

Hiroshi KISHIDA

Director (Audit and Supervisory Committee Member)

Apr 1982 Joined the Company Apr 2008 Deputy General Manager, Lifestyle Sales Department Apr 2014 General Manager, Human Resources & General Affairs Department, Administration Headquarters Apr 2020 Internal Audit Office Jun 2021 Director (Audit and Supervisory Committee Member) (current)

1960-03-16

Shuzo KINUME

Director (Audit and Supervisory Committee Member)

Mar 1978 Registered as Certified Public Accountant Aug 1978 Opened Certified Public Accountant Office (current) Oct 1978 Registered as Certified Tax Accountant Jun 1992 Audit & Supervisory Board Member Jun 2015 Director (Audit and Supervisory Committee Member) (current)

1949-10-26

Hitoshi KUWAYAMA

Director (Audit and Supervisory Committee Member)

Apr 1990 Registered as Attorney-at-law (Osaka Bar Association) Joined Midosuji Law Office, Legal Professional Corporation (current) Jun 2020 Director (Audit and Supervisory Committee Member) (current)

1965-01-07

Large Shareholding Reports

Yugen Kaisha Shintoku

2026-06-05

19.22%

Annual report (as of 2026-03-31): 19.73%

Yugen Kaisha Shintoku

2026-05-08

19.22%

Annual report (as of 2026-03-31): 19.73%

Disclosures

No disclosures

Primary Source Filings

TDnet

2026-08-07

Q1 Earnings Flash

FY ending Mar 2027

ZETT CORPORATION

Try the full product

ZETT CORPORATION

Try the full product