Mizuno Sets Terms for Zero Coupon Convertible Bonds Due 2031

Mizuno ( (JP:8022) ) has issued an update.

Mizuno Corporation has set the key terms for its Zero Coupon Convertible Bonds due 2031, following approval by its board of directors on 26 February 2026. The bonds are structured with stock acquisition rights, allowing bondholders to convert debt into common shares at a predetermined price.

The conversion price has been fixed at ¥4,981 per share, representing a 22.99% premium to Mizuno’s closing share price of ¥4,050 on the pricing date. This capital-raising move, executed without an interest coupon, is designed to provide funding while potentially diluting equity in the future, reflecting management’s confidence in the company’s valuation and long-term prospects.

The most recent analyst rating on (JP:8022) stock is a Hold with a Yen4233.00 price target. To see the full list of analyst forecasts on Mizuno stock, see the JP:8022 Stock Forecast page.

More about Mizuno

Mizuno Corporation, listed on the Tokyo Stock Exchange Prime Market under code 8022, is a Japanese company best known as a sporting goods manufacturer. The firm develops and sells sports equipment, apparel, and related products globally, and its financing activities, including convertible bond issuance, support investments in operations and growth within the competitive sports and lifestyle markets.

Average Trading Volume: 265,323

Technical Sentiment Signal: Buy

Current Market Cap: Yen319.2B

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