GLOBERIDE, Inc. (7990) Stock Price

Globeride is a company primarily engaged in sports equipment business operations, working with 29 subsidiaries. In Japan, Globeride itself and Fourteen Corporation handle the manufacturing and sales of equipment. Additionally, World Sports Corporation and Winsor Shoji Corporation manage equipment sales, while Sports Life Planets Corporation handles parts sales and equipment repair services.

In the Americas, Daiwa Corporation handles equipment sales. In Europe, Daiwa Sports Limited manufactures and sells equipment, while Daiwa France S.A.S., Daiwa Germany GmbH, Daiwa Italia S.r.l., and Daiwa Russia manage equipment sales.

In the Asia-Pacific region, companies such as Daiwa Seiko (Thailand) Co., Limited and Daiwa Vietnam Limited handle manufacturing and sales of equipment. Additionally, Daiwa (Australia) Pty. Limited and Daiwa Korea Co., Limited manage equipment sales. Through this structure, Globeride operates sports equipment manufacturing and sales operations worldwide.

Globeride operates under the slogan "Feel the earth" as a lifetime sports company that enriches people's lives through sports, contributing to those who love nature and sports. Under its "New Medium-Term Management Plan 2026" established in May 2024, the company aims for sustainable growth with targets of 1.4 billion yen in sales and 10 billion yen in operating profit by fiscal year 2026.

The company prioritizes its fishing and golf/sports businesses, developing region-specific products and services to expand market share. In the fishing business particularly, the company is executing strategies across four regional blocks—Japan, the Americas, Europe, and Asia-Oceania—and expects moderate growth.

As a financial strategy, the company targets ROE of 12% or higher while pursuing optimal capital structure to enhance corporate value. The company emphasizes shareholder returns, maintaining a dividend payout ratio of 30% or above while aiming for stable dividend increases. The company is also strengthening its investor relations framework to enhance dialogue with shareholders and investors.

In strengthening its management foundation, the company prioritizes human capital management and sustainability strategy. Through enhanced training systems, the company aims to increase employee engagement and contribute to building a sustainable society. Through these efforts, Globeride seeks to further enhance corporate value.