Yonex's half-year profit rises 29% as sponsored players' Grand Slam wins and a weaker yen lift racket demand
Yonex, the Niigata- and Tokyo-based racket and shoe maker, grew half-year net profit 28.9% as badminton and tennis sales rose both at home and abroad, but its own disclosure shows a weaker yen did real work on the overseas numbers -- the dollar bought 5.8% more yen than a year earlier, against North American sales growth of 22.4%.
Yonex said consolidated sales for the April-September 2026 half rose 15.5% year on year to ¥91.85 billion, with operating profit up 22.3% to ¥10.82 billion and net profit attributable to shareholders up 28.9% to ¥8.21 billion, according to the racket, shoe and apparel maker's November 10 half-year results. The company left its full-year forecast unchanged from the one it issued on August 10: sales of ¥181.0 billion (+10.6%), operating profit of ¥18.9 billion (+14.2%) and net profit of ¥14.2 billion (+17.4%).