Added to YB: 2025-12-09
Pitch date: 2025-12-03
7906.T [neutral]
YONEX Co., Ltd.
-2.88%
current return
Author Info
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Company Info
YONEX Co., Ltd. manufactures and sells sporting goods in Japan. It offers badminton equipment, such as racquets, shuttlecocks, strings, apparel, shoes, bags, etc.
Market Cap
JPY 284.9B
Pitch Price
JPY 3.3K
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.22
P/E
24.70
EV/Sales
1.77
Sector
Leisure Products
Category
growth
Walden 3 Research | November Portfolio - YONEX Co., Ltd.
7906.T (holding update): Earnings contraction from aggressive global expansion, not structural weakness. Dual-lever growth: quantity + price increases as Yonex penetrates intl markets with premium badminton/tennis positioning. Expanding manufacturing base to yield significant operating leverage. Recent price softness = temporary dislocation in long-term compounder.
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