Alpen (Sports Depo, Golf5, Alpen Outdoors)

The Japan read

From the company's own filing for Full year to June 2026 · reported 2026-08-06 · the filing ↗

• JapanExisting-store sales rose 3.7% for the year (company figures, excluding subsidiaries). Alpen cites running gear, racket sports and World Cup football; golf was supported by used clubs and new models, while winter goods fell after a snow-poor start to the season.
• StoresAlpen opened 11 stores and closed four, ending June with 409 — 190 sports (Sports Depo, Alpen), 196 Golf5, 21 outdoor and 2 other — and 264,614 tsubo of selling space. New Sports Depo flagships opened at Mark Is Minatomirai, Tressa Yokohama and Sapporo Tsukisamu.
• StoresOn 7 August 2026 Alpen opened Alpen OSAKA, its fourth flagship and first in the Kansai region. For the year to June 2027 it plans 12 openings and eight closures, taking it to 413 stores.
• JapanLatest month: in September 2026 existing-store sales rose 5.5% and all-store sales 10.8%; July–September was up 4.3% and 9.2%. Alpen says golf was weak against price cuts on popular clubs and new launches a year earlier.

Other callouts in the filing

• SegmentGolf, its largest category, grew 3.2% to ¥95.1bn; team and general sports 14.2% to ¥80.0bn; sports lifestyle 5.1% to ¥65.0bn; outdoor 4.7% to ¥33.2bn; winter fell 1.7% to ¥8.3bn. E-commerce sales grew 19%, by the company's own count.
• OutlookFor the year to June 2027 it forecasts sales of ¥306.0bn (+7.0%), operating profit of ¥10.5bn (+22.9%) and net income of ¥6.375bn (+1.7%). It expects the sports-goods market to hold up, citing health awareness, major sports events and inbound demand.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.