COMPANY

Mizuno Corporation

Articles that reconnect the numbers in this company’s primary sources into a clearer picture of the business.

Mizuno CorporationYear ended March 2026

Direct sales in Japan helped Mizuno’s profit grow

¥1.952bnJapan operating-profit increase, year ended March 2026
¥1.826bnGroup operating-profit increase, year ended March 2026
41.9%Group gross margin, year ended March 2026: site calculation
What emerges

Mizuno’s Japan operating-profit increase exceeded the consolidated increase in the year ended March 2026. The company says more direct selling, centered on Sportstyle shoes, lifted Japan’s gross margin. Meanwhile, tariffs raised costs in the Americas and a weak Korean golf market weighed on Asia and Oceania. Regional earnings reflect who buys the products, the route to the customer and the costs the company bears.

See the company through the numbers →