Goldwin Inc. · TSE:8111
Goldwin — Q3 FY2022 Earnings Presentation
24 slides from Goldwin's earnings presentation, Feb 8, 2022
Slide 1: Financial results briefing materials for the Third quarter of the fiscal year ending March 2022
Financial results briefing materials for the Third quarter of the fiscal year ending March 2022 Goldwin Inc. (8111) February 8, 2022 Copyright © GOLDWIN INC. All Rights.
Slide 2: Table of Contents
Table of Contents Ⅰ. Third quarter results for the fiscal year ending P. 2 ～ P. 9 March 2022. Ⅱ. Full year Outlook for the fiscal year ending P. 10 ～ P. 14 March 2022. Ⅲ. A preparation to supply chain response and P. 15 ～ P. 22 sustainable growth Copyright © GOLDWIN INC. All Rights. 1
Slide 3: I. Third quarter results for the fiscal year ending March 2022
I. Third quarter results for the fiscal year ending March 2022. The impact of Vietnam's lockdown was minimal, and sales recovered with the arrival of a record cold wave. Monthly sales in December reached record high.
Slide 4: Third quarter results summary for the fiscal year ending March 2022
Third quarter results summary for the fiscal year ending March 2022. Despite being affected by the corona crisis, the recovery trend became stronger as the temperature dropped, and December was the highest ever. 107% ◼ After the cancellation of the state of emergency, sales are on a Net sales recove
Slide 5: Third quarter results summary: financial results
Third quarter results summary for the fiscal year ending March 2022. Financial results for the third quarter of the fiscal year ending March 2022 (Million yen) Net sale Gross profit Operating income Ordinary income Net income Result 73,782 39,647 14,157 15,453 10,789 Year-on-year 106.6% 105.4% 104.3
Slide 6: Results for the third quarter by business category
Results for the third quarter by business category. Sales by business category (Million yen) Performance Lifestyle Fashion Result 24,460 44,217 5,104 Year-on-year comparison 122.2% 100.2% 100.3% Year-on-year amount +4,445 +99 +13 Sales composition 33.2% 59.9% 6.9% ratio Performance Lifestyle Fashion
Slide 7: Changes in self-managed sales ratio and directly managed stores
Changes in self-managed sales ratio and directly managed stores Among self-managed sales, “shop-in-shop” at wholesalers increased. Self-managed sales ratio exceeds 60% . Changes in the self-managed 直営店店舗数 sales ratio and the number of directly managed stores. 自主管理売上比率 (Store) 180 62% 70% 56% 56% 57%
Slide 8: Changes in EC sales
Changes in EC sales Capture the demand of core fans in local cities at THE NORTH FACE MOUNTAIN EC site specializing in mountaineering. Changes in EC sales and EC sales ratio (100 million yen) THE NORTH FACE MOUNTAIN EC site EC sales EC sales ratio 16% 140 Third quarter progress 14% EC sales ratio is
Slide 9: Changes in inventory balance
Changes in inventory balance At the end of December, it was 81% compared to the same period of the previous year. 100% compared to the same period before. Promote steady digestion without excessive discount sales. Quarterly inventory balance trends (Million yen) Inventory Year-over-year 25,000 150%
Slide 10: Balance sheet
Balance sheet Net assets increased 連結貸借対照表 by 9.3billion yen year-on-year, equity ratio was 59.6% （単位：百万円） Current assets Current Liabilities Net assets Fixed asset Fixed liabilities 34,927 41,668 40,167 60,275 59,038 55,588 5,515 6,702 4,900 59,993 47,214 50,686 36,693 38,783 41,398 (Million yen) F
Slide 11: II. Full-year outlook for the fiscal year ending March 2022
II. Full-year outlook for the fiscal year ending March 2022 In consideration of the trends of corona's mutant strains, the full-year results will remain unchanged at this time. In consideration of the trends of corona's mutant strains, the full-year results will remain unchanged at this time.
Slide 12: Summary of full-year financial results forecast for March 2022
Summary of full-year financial results forecast for the fiscal year ending March 2022 No change from the initial outlook. Sales of 100 billion yen. Aiming for an operating margin of 14% while continuing to invest in growth. Forecast for the fiscal year ending March 2022 (Million yen) Net sales Gross
Slide 13: Full-year sales forecast by business category
Full-year sales forecast by business category Sales are expected to increase in all business categories. Aiming to acquire customers in a wide range of customers and channels. Sales forecast by business category (Million yen) Performance Lifestyle Fashion Previous term results / Forecast 29,450 33,2
Slide 14: Graph of factors for increase / decrease in operating income
Graph of factors for increase / decrease in operating income The increase in SG & A expenses is expected to be covered by an actual demand-type business model based on directly managed stores, wholesale, and EC sales Operating profit for the fiscal year ending March 2022 Initial outlook (May 14, 202
Slide 15: Changes in shareholder returns and dividend payout ratio
Changes in shareholder returns and dividend payout ratio Dividends will increase for 11 consecutive terms in 22.3. This time, the dividend is expected to increase by 5 yen to 75 yen for the full year, and the dividend payout ratio is expected to be 33.0%. (yen) （%） 80 Basic policy 33.0 35.0 We will
Slide 16: III. A preparation to supply chain response and sustainable growth
III. A preparation to supply chain response and sustainable growth While strengthening supply chain management, we will promote the implementation of each measure set forth in the medium- term management plan.
Slide 17: A preparation to supply chain response and sustainable growth
A preparation to supply chain response and sustainable growth Utilizing the strengths of standard products, we will build a stable supply system through annual planned production, not limited to ordering at exhibitions ◼ Started new factory survey to diversify country risk. ◼ Aiming for a stable sup
Slide 18: The impact of Vietnam's lockdown is minor
The impact of Vietnam's lockdown is minor. In the fall and winter of 2021, the impact of other product proposals will be minor. The arrival of goods will be advanced in the spring and summer of 2022, and it is expected that there will be no impact. Fall / Winter 2021 Spring / Summer 2022 (September
Slide 19: THE NORTH FACE Strengthening sales for kids
THE NORTH FACE Strengthening sales for kids Keyword is (1) Baby Line, (2) 6 Pockets gift demand, and (3) parent-child pair look. 2.6 times increase in the last 5 years. 2.6 times more in the last 5 years. "THE NORTH FACE"'s first hug string "Baby Compact Carrier" 2017 2018 2019 2020 2021 Aiming to m
Slide 20: Beijing store opened
Beijing store opened China's first flagship store "Goldwin Beijing", which will be the base for expanding into Asia, will open on December 27, 2021. Question Answer It is close to the natural environment of skiing, which is the origin of the Goldwin brand, and with the Beijing Olympics being held, i
Slide 21: Summary
Summary The results for the third quarter of the fiscal year ending March 2022 will strengthen the recovery trend with strengthen the recovery trend with each passing month. Sales and profits increased year-on-year. The impact of Vietnam's lockdown was minimal, and December monthly sales reached a r
Slide 22: Corporate data
Corporate data Company name GOLDWIN INC. Tokyo Head Office: 150-8517, Japan 2-20-6 Shoto, Shibuya-ku, Tokyo 03-3481-7201 (Representative) Location Toyama Head Office: Kiyozawa 210, Oyabe-shi, Toyama 932-0112, Japan 0766-61-4800 (Representative) Establishment December 22, 1951 Capital stock ¥7,079 mi
Slide 23: (Reference) Quarterly business performance trends
(Reference) Quarterly business performance trends (Million yen) 1Q 2Q 3Q 4Q Full year Fiscal year FY20.3 FY21.3 FY22.3 FY20.3 FY21.3 FY22.3 FY20.3 FY21.3 FY22.3 FY20.3 FY21.3 FY22.3 FY20.3 FY21.3 FY22.3 Net sales 18,074 12,200 17,078 23,094 19,358 21,130 34,675 37,668 35,574 22,056 21,253 26,218 97,
Slide 24: Precautions regarding business outlook
Precautions regarding business outlook This document contains plans and outlooks related to the future performance of the Group, such as sales and profits. Please note that these are based on the assumptions that the Group has made, judged from available information and based on assumptions, and act