An update from Yonex Co ( (JP:7906) ) is now available.
Yonex Co., Ltd. has announced the construction of a new manufacturing facility in Tateyama Town, Toyama Prefecture, to produce badminton racquets and strings. This strategic expansion aims to increase production capacity and enhance the global supply chain, meeting the rising demand for high-quality badminton equipment. The location in Toyama is ideal due to its proximity to existing facilities and its rich badminton culture, exemplified by the local TONAMI Badminton Team. This move is expected to strengthen Yonex’s ties with the local community and further develop sports in the region.
More about Yonex Co
Yonex is a global sporting goods brand known for its craftsmanship and innovation. The company specializes in carbon graphite technology, producing high-performance equipment such as badminton and tennis racquets, golf clubs, snowboards, and road bikes. Yonex also offers apparel, shoes, and accessories, supporting athletes worldwide. The brand is committed to connecting people through sports and crafting a better future through unique innovations.
Average Trading Volume: 1,005
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.34B
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