[Yonex] Fiscal Year Financial Results | Sales of 163.6 billion yen (+18.3% YoY)

Business Performance Overview

Yonex recorded sales of 163.6 billion yen (up 18.3% YoY) for the fiscal year ending March 2026, achieving an all-time high profit. The sports equipment business continued to sustain demand domestically and internationally, with increased sales from expanded markets in badminton and tennis. Regionally, revenues grew in Asia, North America, and Europe, with profit margins expanding across segments. Despite fluctuations in raw material prices and exchange rates, overall gross profit increased, leading to record-high earnings.

Future Outlook and Shareholder Returns

For the fiscal year ending March 2027, earnings are forecasted to continue growing with sales expected to reach 178.0 billion yen (up 8.8% YoY) and net income to increase accordingly. Dividends are planned to be 28 yen per share annually. Based on our Global Growth Strategy (GGS), we will focus on enhancing brand recognition and strengthening our business foundation to sustain growth. The payout ratio is projected around 25%, with a policy of maintaining stable, medium- to long-term dividends.