1. Japan Stocks

  2. •

    Consumer Cyclical

  3. •

    Leisure
Zett Corporation

Zett Corporation

8135.T
Zett CorporationJP flagTokyo Stock Exchange
422.00
JPY
-1.00
- -
8.26BMarket Cap
Zett Corporation
8135.T
(Tokyo Stock Exchange)

Recent

price

422.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1,936.11
1,989.01
1,950.22
2,005.95
1,934.5
1,974.02
2,060.58
1,983.85
2,164.12
2,138.15
1,921.38
2,286.81
2,548.52
2,654.39
2,825.52
- -
1,319.91
Revenue per Share
-61.13
-15.34
-12.69
14.47
8.49
-11.56
14.44
27.11
36.45
10.73
5.57
36.94
46.23
41.38
152.85
- -
19
Basic EPS, GAAP
34.46
-15.85
-38.93
16.26
-39.87
30.35
50.61
9.33
29.06
-10.67
55.84
15.99
70.7
28.35
101.87
- -
- -
Free Cash Flow per Basic Share
4
0.04
- -
- -
1.99
2
1.99
2.98
3.98
4.94
2.96
1.99
4.96
7.97
7.97
- -
- -
Dividend per Share
238.09
224.6
211.97
226.52
232.6
219.11
172.06
247.51
279.96
285.69
288.28
323.18
364.5
397.93
542.79
- -
413.75
Book Value per Share
390.79
383.18
371.73
390.57
422.01
409.1
409.7
447
522.19
477.02
501.2
563.5
654.05
674.72
739.57
- -
708
Tangible Book Value per Share
20
20
20
20
20
20
20
20
20
20
20
20
20
20
20
- -
20
Basic Weighted Avg Shares
38,246
38,989
38,219
39,295
37,881
38,643
40,336
38,834
42,363
41,854
37,611
44,762
49,887
51,957
55,309
58,655
25,837
Sales/Revenue/Turnover
7.92
7.21
6.83
7.15
5.55
5.92
0.73
1.31
1.33
0.8
-0.34
1.11
2.01
1.69
1.94
2.14
1
Operating Margin (%)
203
204
212
161
158
175
153
143
131
141
145
154
131
148
131
142
68
Depreciation Expense
-1,208
-301
-249
283
166
-226
283
531
714
210
109
723
905
810
2,992
975
372
Net Income, GAAP
- -
- -
- -
- -
72.65
- -
26.89
9.84
- -
36.79
25.17
9.96
25.74
20.67
29.16
33.26
9.31
Effective Tax Rate (%)
-3.16
-0.77
-0.65
0.72
0.44
-0.59
0.7
1.37
1.68
0.5
0.29
1.62
1.81
1.56
5.41
1.66
1.44
Profit Margin (%)
4,088
3,981
3,809
4,227
6,000
5,604
5,649
6,216
6,557
6,372
6,926
7,627
8,300
8,646
9,717
10,511
8,919
Working Capital
364
422
291
279
445
300
125
209
82
- -
532
325
175
47
- -
148
- -
LT Debt
7,774
7,567
7,348
7,717
8,328
8,079
8,086
8,829
10,309
9,456
9,917
11,188
12,934
13,305
14,552
15,330
13,938
Total Equity
- -
- -
- -
- -
6.11
- -
2.42
4.98
- -
2.07
-0.93
3.92
5.81
5.08
5.13
5.26
- -
Return on Invested Capital (%)
- -
- -
- -
- -
2.95
- -
6.56
11.81
- -
3.7
1.83
10.95
12.65
10.47
32.02
8.83
10.46
Return on Capital (%)
-22.59
-6.6
-5.81
6.6
3.7
-5.12
7.38
12.92
13.82
3.79
1.94
12.08
13.45
10.85
32.5
8.92
4.8
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
194
- -
142
LT Borrowings
47
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
- -
20
Market Capitalization
6,088
6,695
6,597

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
22,661
- -
23,357
Cash, Cash Equivalents & STI
6,313
- -
7,447
Accounts Receivable, Net
9,845
- -
9,382
Inventories
4,279
- -
4,387
Total Current Liabilities
14,015
- -
14,438
Payables & Accruals
- -
- -
- -
ST Debt
194
- -
142
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.86%
9.2%
5.35%
Free Cash Flow
-18.39%
75.86%
-90.87%
Net Income, GAAP
55.86%
155.99%
-67.41%
Sales/Revenue/Turnover
4.55%
9.42%
6.05%
Total Cash Common Dividend
- -
- -
125%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,052
13,068
11,890
13,947
51,957
2025
- -
- -
- -
- -
55,309
2026
- -
- -
- -
- -
58,655

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.59
- -
- -
- -
41.38
2025
- -
- -
- -
- -
152.85
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
7.97
2025
- -
- -
- -
- -
7.97
2026
- -
- -
- -
- -
- -
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Business
Zett Corporation engages primarily in the manufacture, sale, and distribution of sports equipment and related services. The company offers a diversified range of products including baseball bats, gloves, helmets, basketball wear, sportswear under proprietary brands, and operates the online ordering system Z-NET. Its product portfolio also encompasses specialized sports footwear like the Neo Status series of embedded spikes. The company operates through multiple divisions: Manufacturing, which plans and develops baseball equipment and sportswear; Wholesale, handling distribution of sports goods; Retail, managing direct sales to individual customers; and Others, providing logistics services and managing sports facilities. Zett collaborates with approximately 800 branded manufacturers worldwide and has a presence in over 12 sports categories. Founded in 1920 and headquartered in Osaka, Japan, the company had approximately 588 employees as of March 2025. In recent corporate developments, Zett released upgraded sports footwear models in 2025, such as the Neo Status embedded spikes targeting school-level baseball players, showing a product innovation focus in its core baseball equipment segment. Financially, Zett reported an increase in net income by 269% for the fiscal year ending March 2025 and revenue growth of 6.5%, indicating operational improvement. The company maintains strategic relationships with numerous overseas and domestic sporting goods brands, further strengthening its market reach. There are ongoing efforts to enhance digital sales channels including the enhancement of Z-NET, supporting online product ordering. Zett operates primarily in Japan with international collaborations and sales, serving wholesale and retail sports equipment markets. Its full-service model integrates manufacturing, wholesale, retail, and logistic operations, making it a comprehensive sports equipment enterprise catering broadly to amateur and professional athletes. The company continues to push innovation in product offerings while nurturing collaborations with both domestic and international sports brands to maintain market relevance and expand its business footprint globally.