ZETT CORP.

ZETT CORP.

TTSE:8135
418.00
JPY
-2.00
(-0.48%)
8.71BMarket Cap
Nov 12Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
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
2,996.45
- -
Basic EPS, GAAP
14.47
8.49
-11.56
14.44
27.11
36.45
10.73
5.57
36.94
46.23
41.38
152.85
49.81
- -
Free Cash Flow per Basic Share
16.26
-39.87
30.35
50.61
9.33
29.06
-10.67
55.84
15.99
70.7
28.35
101.87
9.3
- -
Dividend per Share
- -
1.99
2
1.99
2.98
3.98
4.94
2.96
1.99
4.96
7.97
7.97
17.93
- -
Book Value per Share
394
425.37
412.72
413.09
451.03
526.64
483.09
506.62
571.55
660.75
679.7
743.4
783.15
- -
Tangible Book Value per Share
390.62
422.06
409.11
409.69
446.99
522.19
477.02
501.2
563.48
654.05
674.69
739.57
779.17
- -
Basic Weighted Avg Shares
20
20
20
20
20
20
20
20
20
20
20
20
20
20
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
161
158
175
153
143
131
141
145
154
131
148
131
142
- -
Net Income, GAAP
283
166
-226
283
531
714
210
109
723
905
810
2,992
975
- -
Effective Tax Rate (%)
- -
72.65
- -
26.89
9.84
- -
36.79
25.17
9.96
25.74
20.67
29.16
33.26
- -
Profit Margin (%)
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
- -
Working Capital
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
- -
LT Debt
279
445
300
125
209
82
- -
532
325
175
47
- -
148
- -
Total Equity
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
- -
Return on Invested Capital (%)
- -
-1.12
- -
2.42
4.98
- -
2.07
-0.94
3.87
5.78
5.06
5.11
5.24
- -
Return on Capital (%)
- -
1.83
- -
3.31
6.01
- -
2.1
1.09
6.48
7.25
6.05
21.28
6.49
- -
Return on Common Equity (%)
3.76
2.07
-2.76
3.5
6.27
7.46
2.12
1.13
6.85
7.5
6.17
21.48
6.53
- -

Capital Structure

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
ST Debt
101
101
- -
LT Borrowings
198
148
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
9,846
8,711
8,535

Working Capital

JPY

•

in mil. unless spec.
Sep'26
Mar'26
Jun'27
Total Current Assets
25,305
27,119
- -
Cash, Cash Equivalents & STI
9,035
9,099
- -
Accounts Receivable, Net
9,523
10,741
- -
Inventories
4,317
4,517
- -
Total Current Liabilities
15,348
16,608
- -
Payables & Accruals
- -
- -
- -
ST Debt
101
101
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

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

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
55,309
2026
- -
- -
- -
- -
58,655
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
152.85
2026
- -
- -
- -
- -
49.81
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
7.97
2026
- -
- -
- -
- -
17.93
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hiroyuki Watanabe
Full Time Employees
578
Sector
Consumer durables
Industry
Recreational products
Address
1-2-16, Kasumigasato Osaka OS Japan 543-8601
IPO Date
Mar 1, 1981
Website
zett.jp
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.