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YONEX Co., Ltd.

YONEX Co., Ltd.

7906.T
YONEX Co., Ltd.JP flagTokyo Stock Exchange
2,345.00
JPY
+66.00
- -
200.62BMarket Cap
YONEX Co., Ltd.
7906.T
(Tokyo Stock Exchange)

Recent

price

2,345.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
428.62
425.36
433.31
444.78
497.47
548.56
622.29
699.78
712.29
699.16
708.26
588.86
851.87
1,226.8
1,346.59
1,605.36
678.7
Revenue per Share
11.36
8.33
6.74
8.03
13.18
19.52
25.59
34.82
21.33
19.71
18.89
12.59
66.1
84.04
102.45
122.96
51.59
Basic EPS, GAAP
21.24
-6.54
-16.43
8.13
5.79
-10.36
0.18
5.49
19.41
6.74
16.81
39.98
65.57
-15.36
57.98
81.59
- -
Free Cash Flow per Basic Share
3.75
3.75
3.75
3.74
3.74
4.36
3.75
5.12
4.93
5.07
5.05
4.51
7.5
11
14.2
19.97
- -
Dividend per Share
254.75
258.65
260.68
264.32
273.74
289.06
310.16
339.16
355.18
369.56
383.01
390.84
445.14
519.2
612.04
717.22
665.41
Book Value per Share
315.49
310.04
308.39
315.72
332.02
352.42
369.97
396.03
417.03
423.58
436.74
445.1
507.5
585.84
677.31
786
767.25
Tangible Book Value per Share
86
86
87
87
87
87
87
87
87
87
87
88
87
87
86
86
87
Basic Weighted Avg Shares
36,870
36,688
37,512
38,600
43,174
47,620
54,160
61,043
62,188
61,098
61,967
51,554
74,485
107,019
116,442
138,276
58,717
Sales/Revenue/Turnover
15.25
14.27
3.3
2.15
4.53
4.37
6.06
6.8
4.7
4.06
3.91
2
9.05
9.41
9.98
10.25
10.23
Operating Margin (%)
703
713
870
944
996
1,048
1,181
1,353
1,335
1,385
1,650
1,596
1,661
2,034
2,720
3,275
- -
Depreciation Expense
977
718
583
697
1,144
1,695
2,227
3,038
1,863
1,723
1,653
1,102
5,780
7,331
8,859
10,591
4,463
Net Income, GAAP
43.32
36.14
55.71
48.14
41.45
- -
25.65
26.07
34.86
32.6
32.75
47.73
26.1
28.61
30.06
28.75
31.08
Effective Tax Rate (%)
2.65
1.96
1.56
1.8
2.65
3.56
4.11
4.98
3
2.82
2.67
2.14
7.76
6.85
7.61
7.66
7.6
Profit Margin (%)
16,235
15,719
16,387
18,137
19,583
21,383
21,438
24,536
25,526
25,827
25,878
26,403
31,192
36,123
39,634
48,285
49,968
Working Capital
91
45
- -
- -
- -
1,200
2,044
4,196
3,631
3,065
2,500
1,659
1,699
3,858
4,782
9,682
8,730
LT Debt
27,383
27,644
27,830
28,536
29,734
31,261
32,688
34,989
36,815
37,495
38,758
39,651
45,729
53,099
60,901
69,426
68,313
Total Equity
11.53
11.86
1.95
1.48
3.8
- -
7.12
8.06
4.65
4.02
3.87
1.27
10.86
13.27
12.47
13.15
5.81
Return on Invested Capital (%)
4.53
3.27
2.62
3.06
4.86
- -
8.04
9.58
5.37
4.82
4.64
3.05
14.82
15.92
15.81
15.81
7.5
Return on Capital (%)
4.53
3.25
2.6
3.06
4.9
6.94
8.55
10.74
6.15
5.44
5.02
3.25
15.81
17.41
18.04
18.47
8.37
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
4,014
- -
787
LT Borrowings
3,542
- -
8,730
LT Finance Leases
1,240
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87
- -
87
Market Capitalization
97,261
168,962
183,323

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
59,952
- -
71,188
Cash, Cash Equivalents & STI
23,549
- -
31,164
Accounts Receivable, Net
17,135
- -
19,189
Inventories
16,742
- -
16,887
Total Current Liabilities
20,318
- -
21,220
Payables & Accruals
- -
- -
- -
ST Debt
4,014
- -
787
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.45%
12.49%
14%
Free Cash Flow
290.3%
-71.12%
40.17%
Net Income, GAAP
47.59%
91.67%
19.55%
Sales/Revenue/Turnover
12.69%
19.78%
18.75%
Total Cash Common Dividend
19.2%
33.95%
40.07%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,992
29,733
27,447
31,270
116,442
2025
- -
- -
- -
- -
138,276
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27.81
- -
- -
- -
102.45
2025
- -
- -
- -
- -
122.96
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
14.2
2025
- -
- -
- -
- -
19.97
2026
- -
- -
- -
- -
- -
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Business
YONEX Co., Ltd. manufactures and sells sporting goods worldwide, with a focus on badminton, tennis, and golf equipment; badminton products include racquets, shuttlecocks, strings, apparel, shoes, and bags; tennis and soft tennis offerings encompass racquets, strings, apparel, shoes, bags, and balls; golf equipment comprises woods, irons, putters, shafts, apparel, shoes, bags, and accessories; the company also manages golf courses. Founded in 1946 and headquartered in Bunkyo-ku, Tokyo, Japan, YONEX operates through subsidiaries including YONEX CORPORATION in North America, YONEX U.K. LIMITED, YONEX GmbH in Germany, YONEX TAIWAN CO., LTD., YONEX SPORTS (CHINA) CO., LTD., YONEX INDIA PRIVATE LIMITED, YONEX TECNIFIBRE CO., LTD. in Thailand, and YONEX Precision Machinery Co., Ltd. in Japan, serving markets across Asia, North America, Europe, and beyond. Recent developments include the appointment of Alyssa Yoneyama as president in April 2022, who leads the Global Growth Strategy; expansion of manufacturing with a new badminton racquet and strings factory in Tateyama, Toyama Prefecture announced in March 2025 and a new tennis racquet factory at the Nagaoka site starting operations in December 2025; appointment of LaNiece Douglas as president of YONEX CORPORATION (North America) in June 2025 to drive U.S. growth; a strategic share buyback of up to 1,184,000 shares announced in November 2025; continuation of its 10-year partnership as Official Stringing Partner with the Australian Open in 2025; and launch of the exclusive 2024-2025 World Collection.