Mizuno Corporation Reports Strong Nine-Month Earnings

Mizuno Corporation ( (MIZUF) ) has released its Q3 earnings. Here is a breakdown of the information Mizuno Corporation presented to its investors.

Mizuno Corporation is a multinational company based in Japan, specializing in sports equipment and sportswear, and is publicly listed on the Tokyo Stock Exchange. In its latest earnings report for the nine months ending December 31, 2024, Mizuno Corporation reported notable growth in financial performance, with net sales reaching 175,364 million yen, marking a 4.4% increase year-on-year, and operating profit rising by 16.5% to 16,003 million yen. The company attributes this growth to strong sales in competitive sports products and lifestyle shoes, as well as improved gross profit margins. Regional performances varied, with Japan and Asia and Oceania showing robust sales growth, while Europe saw a slight decline in sales but a significant increase in operating profit. Looking ahead, Mizuno Corporation maintains its financial forecast for the fiscal year ending March 31, 2025, reflecting confidence in continued growth despite global economic uncertainties.