Industry map/Entertainment, Media & Leisure
Sporting Goods & Fitness industry map
Who earns the money in Sporting Goods & Fitness, and who keeps it. When a company spans several industries, only the relevant segment is counted.
FY2025 · 51 companies · ¥2.52T
Industry map
Companies ordered by revenue, connected by ownership (major shareholders). Arrows point from the shareholder to the investee.
- Industry size (revenue)
- ¥2.52T
- Companies
- 51
- Avg. salary（parent only）
- ¥6.1M
- Industry weather
- Sunny
YoY +10.7%
Avg. age 41.3
Operating income +27.4%
Asics[7936]
Europe + 6 more
- Revenue
- ¥795.1B▲19.6%
- Operating income
- ¥149.6B▲42.2%
Margin 18.8%
Whole company: Revenue ¥810.9B · Net income ¥98.7B
Avg. salary ¥10.8M · 40.4（parent only）
Yonex[7906]
Sporting goods division + 4 more
- Revenue
- ¥326.2B▲18.4%
- Operating income
- ¥33.2B▲14.9%
Margin 10.2%
Whole company: Revenue ¥163.6B · Net income ¥12.1B
Avg. salary ¥6.4M · 38.7（parent only）
Mizuno[8022]
Japan + 3 more
- Revenue
- ¥259B▲7.8%
- Operating income
- ¥22.6B▲9.0%
Margin 8.7%
Whole company: Revenue ¥259B · Net income ¥18.4B
Avg. salary ¥7.5M · 42.6（parent only）
Goldwin[8111]
- Revenue
- ¥137.5B▲3.9%
- Operating income
- ¥25.9B▲18.1%
Margin 18.8%
Avg. salary ¥6.5M · 44.6（parent only）
Globeride[7990]
Japan + 3 more
- Revenue
- ¥127B▲2.4%
- Operating income
- ¥11B▲6.2%
Margin 8.7%
Whole company: Revenue ¥127B · Net income ¥5.41B
Avg. salary ¥7.4M · 43.2（parent only）
Sumitomo Rubber Industries[5110]
Sports
- Revenue
- ¥125.6B▼0.1%
- Operating income
- ¥6.83B▼13.3%
Margin 5.4%
Whole company: Revenue ¥1.21T · Net income ¥50.4B
Avg. salary ¥6.7M · 40.2（parent only）
Shimano[7309]
Fishing tackle
- Revenue
- ¥110.8B▲5.6%
- Operating income
- ¥8.87B▼18.9%
Margin 8.0%
Whole company: Revenue ¥466.2B · Net income ¥34B
Avg. salary ¥9M · 41.6（parent only）
Rizap Group[2928]
Healthcare and Beauty + 1 more
- Revenue
- ¥94.5B▼0.6%
- Operating income
- ¥8.18B▲538.4%
Margin 8.7%
Whole company: Revenue ¥167.3B · Net income ¥1.44B
Avg. salary ¥6.3M · 38.0（parent only）
AOKI Holdings[8214]
Entertainment
- Revenue
- ¥76.8B▲1.0%
- Operating income
- ¥7.27B▲21.3%
Margin 9.5%
Whole company: Revenue ¥194.5B · Net income ¥9.46B
Avg. salary ¥7.4M · 44.8（parent only）
Renaissance[2378]
- Revenue
- ¥64.9B▲1.9%
- Operating income
- ¥1.57B▼19.6%
Margin 2.4%
Avg. salary ¥5.7M · 38.7（parent only）
Zett[8135]
- Revenue
- ¥58.7B▲6.0%
- Operating income
- ¥1.25B▲16.7%
Margin 2.1%
Avg. salary ¥6.2M · 42.9（parent only）
Konami Group[9766]
Sports
- Revenue
- ¥49.1B▲1.9%
- Operating income
- ¥3.41B▲52.9%
Margin 6.9%
Whole company: Revenue ¥493.7B · Net income ¥100B
Avg. salary ¥8.5M · 35.5（parent only）
※ Card revenue and operating income cover only the segment in this industry; “Whole company” shows consolidated revenue and net income.
Other companies: Central Sports · Curves Holdings · Nippon Television Holdings · Nagase Brothers · Wellneo Sugar · Alinco · Fujikura Composites · Tosho · Gunze · Loive · Valor Holdings · Miroku · Fit-Easy · Endo Manufacturing · JSS · Mamiya-Op · SD Entertainment · Value Golf · Tiemco · Fitcrew · Graphite Design · Sanyo Electric Railway · Twenty-four seven Holdings · Charle · CAR Mate MFG. · Nihon Seimitsu · Arclands · ART Vivant · Wesco Holdings · ArkCore · Johnan Academic Preparatory Institute · Sportsfield · Shingakukai Holdings · Clip · TOP Culture · Nippon Insure · J-Holdings · Kan-Nanmaru · Decollte Holdings
The weather is derived mechanically from year-over-year totals of revenue and operating income (both up = sunny, both down = rainy).
Who earns the money
Area = revenue from businesses in this industry. Color = operating margin.
Who makes a profit
Across = revenue (log scale), up = operating margin, bubble size = operating income.
Ranking and momentum
| Rank | Company (business) | Revenue | Share | Op. margin | CAGR | FCF* |
|---|---|---|---|---|---|---|
| 1 | AsicsEurope + 6 more | ¥795.1B | 31.5% | 18.8% | +21.5% | ¥79.6B |
| 2 | YonexSporting goods division + 4 more | ¥326.2B | 12.9% | 10.2% | +21.8% | -¥342M |
| 3 | MizunoJapan + 3 more | ¥259B | 10.3% | 8.7% | +10.7% | ¥13.4B |
| 4 | Goldwin | ¥137.5B | 5.5% | 18.8% | +8.8% | ¥20.2B |
| 5▲1 | GloberideJapan + 3 more | ¥127B | 5.0% | 8.7% | +1.3% | ¥5.18B |
| 6▼1 | Sumitomo Rubber IndustriesSports | ¥125.6B | 5.0% | 5.4% | +5.5% | -¥28.6B |
| 7 | ShimanoFishing tackle | ¥110.8B | 4.4% | 8.0% | +2.0% | ¥18B |
| 8 | Rizap GroupHealthcare and Beauty + 1 more | ¥94.5B | 3.8% | 8.7% | +6.5% | ¥27.1B |
| 9 | AOKI HoldingsEntertainment | ¥76.8B | 3.0% | 9.5% | +7.7% | ¥5.3B |
| 10 | Renaissance | ¥64.9B | 2.6% | 2.4% | +15.0% | ¥139.7M |
| 11 | Zett | ¥58.7B | 2.3% | 2.1% | +7.0% | ¥182M |
| 12 | Konami GroupSports | ¥49.1B | 1.9% | 6.9% | +4.2% | — |
| 13 | Central Sports | ¥48.9B | 1.9% | 5.5% | +4.9% | ¥1.7B |
| 14 | Curves Holdings | ¥37.6B | 1.5% | 16.9% | +11.1% | ¥5.52B |
| 15 | Nippon Television HoldingsWellness Business | ¥27.2B | 1.1% | -0.3% | — | ¥50.7B |
| 16▲5 | Nagase BrothersSports business section | ¥17.8B | 0.7% | 3.1% | — | ¥6.77B |
| 17▲1 | Wellneo SugarFood and Wellness | ¥16.2B | 0.6% | 0.7% | — | ¥6.2B |
| 18▼2 | AlincoHousing equipment | ¥14.5B | 0.6% | -2.5% | -1.0% | -¥549.9M |
| 19▼2 | Fujikura CompositesSporting Goods | ¥12.8B | 0.5% | 36.7% | +8.9% | ¥3.86B |
| 20▼1 | Toshosportsclub | ¥12.6B | 0.5% | 13.3% | +0.8% | ¥5.17B |
| 21▼1 | GunzeLife create | ¥12.5B | 0.5% | 9.9% | +2.2% | ¥5.12B |
| 22▲3 | Loive | ¥11.4B | 0.5% | 6.3% | +35.5% | -¥678M |
| 23▼1 | Valor HoldingsFitness club business | ¥11.3B | 0.4% | 1.6% | +3.4% | ¥9.61B |
| 24 | MirokuFirearms business | ¥10.7B | 0.4% | 1.1% | +8.1% | -¥1.33B |
| 25▲2 | Fit-Easy | ¥9.73B | 0.4% | 23.8% | +47.4% | ¥466.4M |
| 26▼3 | Endo ManufacturingFineprocess Business | ¥8.55B | 0.3% | 11.1% | — | -¥191.4M |
| 27▼1 | JSS | ¥8.54B | 0.3% | 5.1% | — | ¥583.5M |
| 28 | Mamiya-OpSports enterprise | ¥4.7B | 0.2% | -0.6% | -9.5% | -¥4.17B |
| 29 | SD EntertainmentWell ness business | ¥4.27B | 0.2% | 5.2% | +7.7% | ¥444M |
| 30 | Value GolfGolf Business | ¥3.5B | 0.1% | 14.1% | -2.1% | -¥497.2M |
| 31 | TiemcoOutdoor + 1 more | ¥3.2B | 0.1% | 2.4% | +2.3% | -¥296.7M |
| 32▲1 | Fitcrew | ¥2.92B | 0.1% | 9.4% | +19.0% | -¥99.1M |
| 33▼1 | Graphite Design | ¥2.71B | 0.1% | 5.8% | -5.0% | -¥1B |
| 34 | Sanyo Electric RailwayLeisure services | ¥2.42B | 0.1% | 5.5% | +5.1% | ¥2.44B |
| 35new | Twenty-four seven HoldingsPersonal training | ¥2.04B | 0.1% | -3.0% | — | -¥313.4M |
| 36new | CharleSports wear buisiness | ¥1.82B | 0.1% | 10.2% | — | -¥1.28B |
| 37▼2 | CAR Mate MFG.Outdoor leisure and sports business | ¥1.71B | 0.1% | 15.6% | +7.8% | ¥444M |
| 38▼1 | Nihon SeimitsuFishing parts and Applied products | ¥1.16B | 0.0% | 16.5% | +8.2% | ¥137M |
| 39▼3 | ArclandsOther | ¥1.13B | 0.0% | 9.6% | +7.7% | ¥1.39B |
| 40▼2 | ART VivantHealth and fitness segment | ¥924.4M | 0.0% | 10.1% | -12.0% | ¥3.72B |
| 41▼2 | Wesco HoldingsSports facility operation | ¥759M | 0.0% | 1.0% | +6.1% | ¥1.04B |
| 42▼2 | ArkCoreFitness | ¥504.8M | 0.0% | 13.1% | +4.6% | ¥228.5M |
| 43▼2 | Johnan Academic Preparatory InstituteSports business | ¥368.1M | 0.0% | 12.0% | +0.4% | ¥96.3M |
| 44new | SportsfieldSporting Equipment Planning and Sales Business | ¥353.5M | 0.0% | -9.9% | — | ¥823.8M |
| 45▼3 | Shingakukai HoldingsSports | ¥329.5M | 0.0% | -11.3% | -4.7% | -¥2.75B |
| 46▼3 | ClipSports | ¥238.4M | 0.0% | 2.3% | -12.9% | -¥26.1M |
| 47▼3 | TOP CultureSports-related business | ¥228.6M | 0.0% | 11.8% | +4.3% | ¥776.8M |
| 48▼3 | Nippon InsureOther | ¥223.5M | 0.0% | 15.9% | +4.5% | ¥324M |
| 49▼3 | J-HoldingsSports business | ¥114.1M | 0.0% | 27.5% | +1.1% | -¥529.4M |
| 50▼2 | Kan-NanmaruOther | ¥42.4M | 0.0% | -40.0% | — | -¥167.5M |
Showing the top 50. See all 51 in the list below
* FCF is company-wide (not disclosed by segment). CAGR covers the available years, up to five.
How they make money differently
Where each company's ¥100 of sales goes, and how much it keeps (company-wide).
- Cost of sales
- Operating costs
- SG&A
- Other
- Operating profit
- Konami Group512027
- Tosho6727
- Fit-Easy641224
- Goldwin473419
- Asics433918
- Curves Holdings572617
- Nippon Television Holdings632314
- Fujikura Composites691912
- Shimano642511
- Yonex563410
- Mizuno58339
- AOKI Holdings57349
- Nagase Brothers919
- Wellneo Sugar79119
- Sumitomo Rubber Industries69237
- Rizap Group54427
- Loive6430
- Globeride6233
- Central Sports887
- Gunze6927
- Alinco7423
- Valor Holdings7327
- Renaissance92
- Zett8315
- Miroku9010
Showing the 25 largest companies by revenue.
Ownership links
From the major-shareholder section of annual securities reports.
- Rizap GroupIn industry
- SubsidiarySD Entertainment59.6%
- 伊藤忠商事株式会社Outside
- AffiliateWellneo Sugar37.0%
- 株式会社ＩＢＪOutside
- AffiliateDecollte Holdings33.0%
- 住友電気工業株式会社Outside
- AffiliateSumitomo Rubber Industries28.9%
- 株式会社平和堂Outside
- AffiliateClip27.3%
- Nippon Television HoldingsIn industry
- AffiliateJSS24.8%
- 住友商事株式会社Outside
- AffiliateWellneo Sugar24.8%
- ＤＩＣ㈱Outside
- StakeRenaissance17.8%
- 日本駐車場開発株式会社Outside
- StakeClip12.4%
- 三井物産株式会社Outside
- StakeGoldwin9.6%
- 江崎グリコ株式会社Outside
- StakeJSS9.2%
- ＳＯＭＰＯホールディングス株式会社Outside
- StakeRenaissance7.6%
- StakeRizap Group4.9%
- 株式会社アカツキOutside
- StakeLoive6.8%
- 株式会社学研ホールディングスOutside
- StakeShingakukai Holdings6.7%
- 東レ株式会社Outside
- StakeGraphite Design5.5%
- 丸紅株式会社Outside
- StakeGloberide5.3%
- 株式会社フジクラOutside
- StakeFujikura Composites5.1%
- 株式会社四国銀行Outside
- StakeMiroku4.7%
- 株式会社高知銀行Outside
- StakeMiroku4.4%
- 株式会社酉島製作所Outside
- StakeMiroku3.9%
- 株式会社MIXIOutside
- StakeDecollte Holdings3.5%
- 日油株式会社Outside
- StakeMiroku3.3%
The company on each card is a major shareholder of the companies listed under it (latest 'major shareholders' disclosure). 50%+ is labelled subsidiary and 20%+ affiliate, based on ownership alone. Stakes under 3% are omitted.
Compare the leaders side by side
All companies in Sporting Goods & Fitness (by revenue)
All 51 companies in this industry, ranked by revenue in each company's latest fiscal year. For companies that belong through one business segment, the figure is that segment's revenue.
- Asics¥795.1B · 18.8%
- Yonex¥326.2B · 10.2%
- Mizuno¥259B · 8.7%
- Goldwin¥137.5B · 18.8%
- Globeride¥127B · 8.7%
- Sumitomo Rubber Industries¥125.6B · 5.4%
- Shimano¥110.8B · 8.0%
- Rizap Group¥94.5B · 8.7%
- AOKI Holdings¥76.8B · 9.5%
- Renaissance¥64.9B · 2.4%
- Zett¥58.7B · 2.1%
- Konami Group¥49.1B · 6.9%
- Central Sports¥48.9B · 5.5%
- Curves Holdings¥37.6B · 16.9%
- Nippon Television Holdings¥27.2B · -0.3%
- Nagase Brothers¥17.8B · 3.1%
- Wellneo Sugar¥16.2B · 0.7%
- Alinco¥14.5B · -2.5%
- Fujikura Composites¥12.8B · 36.7%
- Tosho¥12.6B · 13.3%
- Gunze¥12.5B · 9.9%
- Loive¥11.4B · 6.3%
- Valor Holdings¥11.3B · 1.6%
- Miroku¥10.7B · 1.1%
- Fit-Easy¥9.73B · 23.8%
- Endo Manufacturing¥8.55B · 11.1%
- JSS¥8.54B · 5.1%
- Mamiya-Op¥4.7B · -0.6%
- SD Entertainment¥4.27B · 5.2%
- Value Golf¥3.5B · 14.1%
- Tiemco¥3.2B · 2.4%
- Fitcrew¥2.92B · 9.4%
- Graphite Design¥2.71B · 5.8%
- Sanyo Electric Railway¥2.42B · 5.5%
- Twenty-four seven Holdings¥2.04B · -3.0%
- Charle¥1.82B · 10.2%
- CAR Mate MFG.¥1.71B · 15.6%
- Nihon Seimitsu¥1.16B · 16.5%
- Arclands¥1.13B · 9.6%
- ART Vivant¥924.4M · 10.1%
- Wesco Holdings¥759M · 1.0%
- ArkCore¥504.8M · 13.1%
- Johnan Academic Preparatory Institute¥368.1M · 12.0%
- Sportsfield¥353.5M · -9.9%
- Shingakukai Holdings¥329.5M · -11.3%
- Clip¥238.4M · 2.3%
- TOP Culture¥228.6M · 11.8%
- Nippon Insure¥223.5M · 15.9%
- J-Holdings¥114.1M · 27.5%
- Kan-Nanmaru¥39.5M · -24.6%
- Decollte Holdings¥29M · -80.8%
Revenue · Op. margin
Related industries
Analyze this page with AI
Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.