Slide 1: Financial results briefing for Q3 of fiscal year ending March 2023
Financial results briefing materials for the Third quarter of the fiscal year ending March 2023 Goldwin Inc. (8111) February 7, 2023 Copyright © GOLDWIN INC. All Rights.
Slide 2: Table of Contents
Table of Contents Ⅰ. Third quarter results for the fiscal year ending P. 3 ～ P. 10 March 2023 Ⅱ. Full year outlook for the fiscal year ending P. 11 ～ P. 15 March 2023 Ⅲ. Initiatives for sustainable growth P. 16 ～ P. 22 Copyright © GOLDWIN INC. All Rights. 1
Slide 3: Key Message
Key Message Sales progressed steadily in all business segments. Revised full year outlook Secure revenue growth in all directions. Achieving sustainable growth by grasping the needs of customers to be chosen after the Corona crisis (Million yen) Initial outlook Revised outlook Lifestyle 115,000 115,
Slide 4: I. Third quarter results for the fiscal year ending March 2023
I. Third quarter results for the fiscal year ending March 2023 Achieved record highs for all business segment and sales channel items for the first three quarters. Demonstrate customer development ability to lead entry level to core fan base.
Slide 5: Third Quarter Financial Highlights
Third Quarter Financial Highlights Net sales hit a record high for the cumulative third quarter, supported by a recovery in inbound demand, etc. (Million yen) Net sales ◼ Sales of gear-related items such as padded boots from THE NORTH FACE, which had delays due to the lockdown in Vietnam last year,
Slide 6: Third Quarter Performance Summary
Third Quarter Performance Summary Financial results for the third quarter of the fiscal year ending March 2023 (Million yen) Net sale Gross profit Operating income Ordinary income Net income Result 86,746 46,156 18,281 21,924 16,268 Year-on-year （Cumulative） 117.6% 116.4% 129.1% 141.9% 150.8% Year-o
Slide 7: 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 29,322 51,312 6,112 Year-on-year （Cumulative） 119.9% 116.0% 119.7% Year-on-year （Quarterly） 116.2% 116.8% 114.7% Sales composition ratio （ Cumulative ） 33.8% 59.2% 7.0% P
Slide 8: Trends in self-managed sales ratio and directly managed stores
Trends in self-managed sales ratio and directly managed stores The self-managed sales ratio (cumulative third quarter) was 59%, up 3 points from the second quarter.Inbound demand contributed significantly to sales recovery at directly managed stores Trends in self-managed sales ratio and number of d
Slide 9: Brand loyalty and changes in EC sales by quarter
Changes in EC sales by quarter The EC site is developing both the establishment of brand loyalty to acquire core fans and the acquisition of new fan bases. (Million yen) 1Q 2Q 3Q 4Q EC sales ratio 16,000 13.4% 15% 12.4% 14,000 12,000 2,701 3,425 10% 10,000 8,000 4,364 4,670 4,282 6,000 5% 4,000 3,60
Slide 10: Trends in Inventory Balance
Trends in Inventory Balance Inventory balance at the end of December 2022 is 104% compared to the same period of the previous year. Although the delay in delivery due to the lockdown in Vietnam last year was added to the current period's products, inventory remained within the plan due to strong sal
Slide 11: Third Quarter Balance Sheet
Third Quarter Balance Sheet Net assets increased by 連結貸借対照表 14.5 billion yen year-on-year, and the equity ratio remained stable at 62.6% （単位：百万円） Current assets Current Liabilities Net assets Fixed asset Fixed liabilities 39,869 34,927 71,443 41,668 4,565 40,167 60,275 59,038 55,588 5,515 4,900 6,70
Slide 12: II. Full-year outlook for the fiscal year ending March 2023
II. Full-year outlook for the fiscal year ending March 2023 Full-year outlook revised upward due to strong sales up to the third quarter
Slide 13: Comparison between initial forecast and end of the third quarter
Comparison between initial forecast and end of the third quarter Progress generally as planned. In addition to promoting the supply of products to meet the rapid recovery of inbound demand and responding to storefronts, we will proceed with reexamination of the optimal schedule for the implementatio
Slide 14: (Revised) Summary of Full-Year Earnings Forecasts
(Revised) Summary of Full-Year Earnings Forecasts Aiming to achieve net income of 20 billion yen by building an optimal sales channel mix that adapts to changes in the external environment Financial Results Forecast for the Fiscal Year Ending March 2023 (Million yen) Net sale Operating income Ordina
Slide 15: (Revised) Performance forecast by business segment
(Revised) Performance forecast by business segment Greatly over-performed. Increased trust in brand value leads to strong sales of high-performance products Performance forecast by business segment (Million yen) Performance Lifestyle Fashion Initial Outlook/ Revised Outlook 35,000 40,000 63,500 65,0
Slide 16: Graph of Factors for Increase/Decrease in Operating Income vs. Initial Forecast
(Revised) Graph of Factors for Increase/Decrease in Operating Income vs. Initial Forecast The recovery of directly managed stores will absorb the 900 million yen increase in costs due to high raw material prices and foreign exchange factors. Operating income forecast for the fiscal year ending Mar 2
Slide 17: III. Initiatives for sustainable growth
III. Initiatives for sustainable growth Simultaneously promoting new projects while strengthening supply chain systems in production, distribution, and sales
Slide 18: Developed the "30 YEARS OF NUPTSE JACKET" project
Developed the "30 YEARS OF NUPTSE JACKET" project Down "NUPTSE JACKET" of the longtime seller representing "THE NORTH FACE"A special exhibition will be held at THE NORTH FACE ALTER (Harajuku) from October to November, contributing to the start of the autumn/winter season. NUPTSE JACKET 30th Annivers
Slide 19: Announced "PLAY EARTH PARK NATURING FOREST"
Announced "PLAY EARTH PARK NATURING FOREST" "GOLDWIN PLAY EARTH PARK Business Concept" First development site decided in Nanto City, Toyama Prefecture. Scheduled to open in 2026 PLAY EARTH PARK business concept NATURING GARDEN CAMP SITE What is the GOLDWIN PLAY EARTH PARK business concept? As we cel
Slide 20: Countermeasures in Supply Chain Management
Countermeasures in Supply Chain Management In response to the rapid recovery of inbound demand, the construction of systems for production, distribution, and sales is a management priority. ◼ Started research on new factories to disperse country risk Basic ◼ Aiming for a stable supply of products by
Slide 21: Summary
Summary Record-high sales and profits for the third quarter of the fiscal year ending March 2023 Achieved record highs for all business categories and sales channels for the first three quarters. Demonstrate customer development ability to lead entry level to core fan base. Upward revision of the fu
Slide 22: Corporate data
Corporate data Company name GOLDWIN INC. Tokyo Head Office: 150-8517, Japan 2-20-6 Shoto, Shibuya-ku, Tokyo Location 03-3481-7201 (Representative) Toyama Head Office: Kiyozawa 210, Oyabe-shi, Toyama 932-0112, Japan 0766-61-4800 (Representative) Establishment December 22, 1951 Capital stock 7,079 mil
Slide 23: (Reference) Quarterly performance trends
(Reference) Quarterly performance trends (Million yen) 1Q 2Q 3Q 4Q Full year FY23.3 FY23.3 FY21.3 FY22.3 FY23.3 FY21.3 FY22.3 FY23.3 FY21.3 FY22.3 FY23.3 FY21.3 FY22.3 FY21.3 FY22.3 outlook outlook Net sale 12,200 17,078 21,099 19,358 21,130 24,210 37,668 35,574 41,437 21,253 24,453 26,754 90,479 98