Industries›8 companies · latest full-year results
Industry involved in the manufacturing and sale of equipment and supplies for sports and leisure, such as bicycle parts and fishing gear.
The 8 sports & leisure equipment companies we cover had combined revenue of ¥2.2T (+9.8% year over year) and operating profit of ¥254.0B, an industry-wide operating margin of 11.3%.
ASICS leads on revenue (¥810.9B, a 36.1% share), and the top three hold 70% of industry sales. 4 grew both revenue and operating profit; 0 saw both fall.
Goldwin has the highest operating margin (18.8%); average pay across the industry is ¥7.17M, highest at ASICS (¥9.98M).
Industry total
Sports & Leisure Equipment · 8 companies
YoY compares companies with prior-year figures
StockShares are +1.9% over a year, behind the all-industry average (+14.9%) — #43 of 53 industries. Over the last month: +5.1%, +7.8pt against the market.Details
GuidanceCompany plans for FY2027 (7 companies combined): revenue +14.8%, operating profit +25.5%. Planned profit growth is above the all-industry plan (+13.0%).Details
Revisions3 raised and 0 cut this year's forecast. The biggest revision: Shimano (operating profit +15.5%).Details
Latest resultsYear to date through Q1, 4 companies combined: revenue +7.0%, operating profit −9.0% year over year. 4 are ahead of an even pace toward their full-year plan, 2 behind.Details
Disclosures3 TSE filings in the last 90 days (buybacks 1, M&A and restructuring 1, guidance revisions 1).Details
Earnings dates7 companies report within 30 days, starting with Goldwin on Nov 5 and Alpen on Nov 5.Details
None
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q2 cumulative) |
|---|---|---|---|---|---|
| ¥142.5B | ¥195.0B | +36.8% | Up +14.0% | 62% |
| ¥51.7B | ¥54.3B | +5.1% | Up +15.5% | 82% |
| ¥8.5B | ¥10.5B | +22.9% | - | - |
| ¥2.4B | ¥7.0B | +195% | Unchanged | 56% |
| ¥16.5B | ¥18.9B | +14.2% | Up +6.2% | 36% |
| ¥25.9B | ¥26.1B | +0.9% | Unchanged | 1% |
| ¥6.5B | ¥7.0B | +7.7% | Unchanged | 17% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Sports & Leisure Equipment | +5.1% | +0.4% | +1.9% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | +7.8pt | +1.3pt | −13.1pt |
Rank among industries:3M #23/531Y #43/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 2 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥810.9B | +19.5% | ¥142.5B | 17.6% | 36.1% | ¥9.98M | 40.8 | 979 |
| 2 | ¥466.2B | +3.4% | ¥51.7B | 11.1% | 20.8% | ¥8.56M | 41.3 | 1,748 |
| 3 | ¥286.0B | +6.4% | ¥8.5B | 3.0% | 12.7% | ¥5.59M | 41.6 | 2,896 |
| 4 | ¥252.3B | +0.7% | ¥2.4B | 0.9% | 11.2% | - | 57.2 | 6 |
| 5 | ¥163.6B | +18.3% | ¥16.5B | 10.1% | 7.3% | ¥6.01M | 39.1 | 1,351 |
| 6 | ¥137.5B | +3.9% | ¥25.9B | 18.8% | 6.1% | ¥7.14M | 44.8 | 1,236 |
| 7 | ¥127.0B | +2.4% | ¥6.5B | 5.1% | 5.7% | ¥7.42M | 43.2 | 861 |
| 8 | - | - | - | - | - | ¥5.51M | 36.9 | 626 |
| Industry total / average | ¥2.2T | +9.8% | ¥254.0B | 11.3% | 100% | ¥7.17M | 43.1 | 9,703 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
