[Stock Analysis] Yonex Co Ltd (7906): Is it a Smashing Success or a Service Fault?

A comprehensive analysis by a badminton enthusiast on the prospects of Yonex's stock performance

As a badminton fanatic, I have a deep-seated love for Yonex, the company that brings us more than just paddles, they bring us pure magic on the courts.

But let's not just serve up the love for Yonex, let's take a closer look at its stock performance.

In recent years, this sports equipment behemoth has been smashing the competition, with its stock rising higher and higher. Why, you might ask? Well, for starters, Yonex has a serve-and-volley approach to research and development, constantly improving its products and staying ahead of the game. And let's not forget its partnerships with top players – Yonex is definitely a brand that knows how to partner up for success.

But here's the interesting part: even with its impressive performance, Yonex is still relatively cheap compared to its peers. So, what gives? Is Yonex overlooked or is there something hiding in its closet?

In this analysis, we'll take a closer look at Yonex's financials and operations to get to the bottom of this mystery. Are investors missing out on a hidden gem or is there something lurking in the shadows? With a keen eye for detail and a love for badminton, we'll uncover the truth and determine whether Yonex is worth investing in. So, let's get ready to serve up some answers!

Company Overview

Yonex Co. Ltd, the Japanese multinational sports equipment company, has been a driving force in the industry since its humble beginnings in 1946. Founded as "Yoneyama Shōkai", the company quickly established itself as a leading producer of high-quality badminton gear.

In 1982, the company changed its name to Yonex Corporation with its ambition for global expansion. The name Yonex is derived from the Japanese words "Yoneyama", the founder of the company, and "Rex", meaning "King of the Yoneyama". This name reflects the company's ambition to become the leading brand in the sports equipment industry, and it has certainly lived up to that reputation. However, another rumor of the name change is that when the company expanded abroad, they realized that it was difficult for foreigners to pronounce "Yoneyama", so they change it to YONEX with an "X" to represent the possibility of the future.

With a relentless commitment to innovation and high-quality design, Yonex has expanded its reach to include a wide range of sports products, including tennis equipment, golf equipment, and more. The company has formed partnerships with top athletes and sports organizations, including the Badminton World Federation, and has become the official equipment supplier to the organization.

Yonex's partnerships with badminton greats such as Lee Chong Wei, Carolina Marin, and Kento Momota, have helped establish the company as a leading brand in the badminton industry. However, Yonex's success extends far beyond badminton. It is also a household name in the world of Tennis and golf, making the preferred rackets and clubs for stars like Naomi Osaka and Hyo-Joo Kim.

Table of Contents

0. Konichi-Value Score

1. Profitability

2. Opportunities & Risks

3. Financial Soundness

4. Dividend

5. Stock-price

6. Conclusion

7. Where to Buy the Stock

0. Konichi-Value Score