YONEX (W2M) Stock Overview

Manufactures and sells sporting goods in Japan. More details

W2M fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 35% below our estimate of its fair value

Earnings are forecast to grow 10.11% per year

Earnings grew by 14.2% over the past year

Risk Analysis

High level of non-cash earnings

W2M Community Fair Values

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YONEX Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for YONEX
Historical stock prices
Current Share Price	JP¥13.20
52 Week High	JP¥22.60
52 Week Low	JP¥11.70
Beta	0.27
1 Month Change	5.60%
3 Month Change	-18.01%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-24.79%

Recent updates

Shareholder Returns

	W2M	DE Leisure	DE Market
7D	6.5%	-2.1%	4.1%
1Y	n/a	90.3%	2.9%

Return vs Industry: Insufficient data to determine how W2M performed against the German Leisure industry.

Return vs Market: Insufficient data to determine how W2M performed against the German Market.

Price Volatility

Is W2M's price volatile compared to industry and market?
W2M volatility
W2M Average Weekly Movement	6.0%
Leisure Industry Average Movement	5.0%
Market Average Movement	5.6%
10% most volatile stocks in DE Market	12.5%
10% least volatile stocks in DE Market	2.7%

Stable Share Price: W2M has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: W2M's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1946	2,980	Alyssa Yoneyama	www.yonex.co.jp

YONEX Co., Ltd. manufactures and sells sporting goods in Japan. It offers badminton equipment, such as racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; tennis and soft tennis equipment, including racquets, strings, apparel, shoes, bags, balls, etc.; and golf equipment, such as woods, iron, putters, shafts, apparel, shoes, bags, accessories, etc. The company is also involved in golf course management. The company was founded in 1946 and is headquartered in Tokyo, Japan.

YONEX Co., Ltd. Fundamentals Summary

How do YONEX's earnings and revenue compare to its market cap?
W2M fundamental statistics
Market cap	€1.13b
Earnings (TTM)	€65.22m
Revenue (TTM)	€882.59m

17.3x

P/E Ratio

1.3x

P/S Ratio

Is W2M overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
W2M income statement (TTM)
Revenue	JP¥163.64b
Cost of Revenue	JP¥91.12b
Gross Profit	JP¥72.53b
Other Expenses	JP¥60.44b
Earnings	JP¥12.09b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 10, 2026

Earnings per share (EPS)	141.34
Gross Margin	44.32%
Net Profit Margin	7.39%
Debt/Equity Ratio	20.2%

How did W2M perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/06 01:22
End of Day Share Price	2026/07/06 00:00
Earnings	2026/03/31
Annual Earnings	2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

YONEX Co., Ltd. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	Daiwa Securities Co. Ltd.
Naoki Furukawa	Goldman Sachs
Masatoshi Nagata	Ichiyoshi Research Institute Inc.

YONEX Co., Ltd.DB:W2M Stock Report