Yonex

Japanese apparel & fashion groups · 7906

The Japan read

From the company's own filing for Q1 (Apr–Jun 2026) · reported 2026-08-10 · the filing

JapanSales to customers in Japan, including its sports facilities, were ¥10.41bn against ¥10.22bn a year earlier (+1.9%, floortok calculation), and overseas rose to 77.1% of sales. The Japan segment (¥17.48bn, +12.5%) also books exports to overseas distributors, which the company says rose sharply.
JapanIn Japan, badminton sales rose to ¥4.55bn from ¥4.47bn, topping a strong year-earlier quarter, and tennis held at ¥2.12bn (¥2.13bn) helped by new products launched early in the year, the company says. Badminton now sells 83.5% overseas.

Other callouts in the filing

SegmentAsia, its largest segment (subsidiaries in China, Taiwan, India and Thailand), grew 16.1% to ¥23.71bn, with profit up 17.0% to ¥4.10bn. The company says badminton demand in China held firm but growth has slowed, and inventory rose at the Chinese unit. It gives no China-only figure.
BasisIts overseas subsidiaries close their books in December, so this quarter includes their January–March 2026 results. The weaker yen added ¥2.69bn to sales.
OutlookIt raised its full-year forecast to sales of ¥181.0bn (+10.6%), operating profit of ¥18.9bn (+14.2%) and net income of ¥14.2bn (+17.4%), citing stronger sales to overseas distributors and spending held back amid Middle East uncertainty.

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.

Show figures in

Q1 (Apr–Jun 2026) · Year-to-Date

Reported 2026-08-10

Net sales¥45.5bn+14.1%

Operating profit¥6.9bn+9.4%

Net income¥5.6bn+31.9%

Yonex makes badminton and tennis rackets, shoes and wear at factories including Niigata and Tokyo, selling in Japan and through subsidiaries in China, Taiwan, North America and Europe. In April–June 2026 sales rose 14.1% to ¥45.5bn, operating profit 9.4% to ¥6.87bn and net income 31.9% to ¥5.59bn; 77.1% of sales were overseas.