Mizuno Corporation (8022) Stock Price

Market cap
¥279.5B
P/E ratio
16.3x
Mizuno Corporation manufactures and sells sports equipment including baseball gear, golf equipment, sports shoes and sportswear across Japan, Europe, the Americas and Asia-Oceania.

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Business Overview

Mizuno Corporation is a corporate group primarily engaged in the manufacturing and sales of sports equipment. The group is centered on Mizuno and comprises 29 subsidiaries and 14 affiliated companies. Operations are divided mainly across four geographic regions: Japan, Europe, the Americas, and Asia-Oceania.

In Japan, the company manufactures and sells baseball equipment, sportswear, sports shoes, and golf equipment. Additionally, it operates sports facility construction and management, school businesses, sports equipment manufacturing and sales, and lifestyle and workwear products.

In Europe, the company sells sports shoes, sportswear, golf equipment, and lifestyle products. This approach strengthens the company's market presence in Europe by providing region-specific products tailored to local needs.

In the Americas, the company manufactures or sells sports shoes, sportswear, baseball equipment, and golf equipment. Baseball equipment is a particularly important product category in the U.S. market.

In the Asia-Oceania region, the company manufactures or sells sports shoes, sportswear, baseball equipment, golf equipment, and lifestyle products. The company also undertakes sports facility construction projects, contributing to the development of sports infrastructure in the region.

Management Policy

Mizuno Corporation pursues its growth strategy under the mission of "contributing to society through better sports products and the promotion of sports." In its medium-term management plan, the company aims to increase ROA and ROE to 11% by fiscal year 2027, focusing on improving profitability and asset efficiency.

The company positions sustainability at the core of its strategy and seeks to expand its business in global markets. Leveraging its strengths in quality and technological expertise, it maintains competitive advantages in products such as football shoes. The company also utilizes its innovation center "MIZUNO ENGINE" to develop products that respond quickly to changing market needs.

In the domestic market, the company aims to increase market share in competitive sports products such as baseball and soccer, while diversifying its business by leveraging brand strength cultivated through sports. In overseas markets, it targets expansion of its football business and renewed growth in its running business, while also focusing on developing new regions.

Additionally, the company strengthens direct-to-consumer sales through owned e-commerce and retail stores, and expands sales of sports style shoes to enhance its market presence both domestically and internationally. Through these strategies, Mizuno aims to achieve sustainable growth and enhance corporate value.

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