Slide 1: 3Q Results Briefing for the Fiscal Year Ending March 31, 2021
GOLDWIN INC. （8111） 3Q Results Briefing for the Fiscal Year Ending March 31, 2021 Feb. 5, 2021
Slide 2: Table of Contents
Table of Contents Ⅰ. 3Q Results Briefing for the Fiscal Year Ending March 31, 2021 P.2 ～ P.8 Ⅱ. Full year outlook for the fiscal year ending March 2021 P.9 ～ P.16 Ⅲ. Resilience in COVID-19 crisis. P.17 ～ P.25 Copyright © GOLDWIN INC. All Rights. 1
Slide 3: I. 3Q Results Briefing for the Fiscal Year Ending March 31, 2021
I. 3Q Results Briefing for the Fiscal Year Ending March 31, 2021 The recovery of the outdoor-related business became clear, and sales recovered to over 90% from the previous year.
Slide 4: Summary of 3Q Results Briefing for the Fiscal Year Ending Mar.31, 2021
Summary of 3Q Results Briefing for the Fiscal Year Ending Mar.31, 2021 The recovery of the outdoor-related business became clear, and sales recovered to over 90% from the previous year. ◼ As an activity that avoids crowded places, sales of outdoor-related products increased significantly, and the cu
Slide 5: Summary of 3Q Results Briefing for the Fiscal Year Ending Mar.31, 2021
Summary of 3Q Results Briefing for the Fiscal Year Ending Mar.31, 2021 Financial results for the third quarter of the fiscal year ending Mar 2021 ( million yen) Net sales Gross profit Operating income Ordinary income Net income Result 69,226 37,620 13,577 13,886 9,236 Year on year 91.3% 90.7% 83.8%
Slide 6: Cumulative third quarter sales by brand business
Cumulative third quarter sales by brand business Sales by brand business (million yen) Outdoor Athletic Winter Other Result 60,046 5,771 1,404 2,004 Year on year comparison 100.1% 49.7% 76.0% 83.6% Year on year amount +67 △5,846 △444 △393 Sales composition 86.7% 8.3% 2.0% 2.9% Outdoor Athletic Winte
Slide 7: Quarterly sales trends by brand business
Quarterly sales trends by brand business The recovery of the outdoors is clear. Athletics are on a recovery trend due to demand for golf, although sales of Canterbury declined （ Million Yen ） Outdoor 3Q cumulative (9 months) 100.1% year on year Athletic 3Q cumulative (9 months) 49.7% year on year Al
Slide 8: Inventory balance year on year
Inventory balance year on year 123% compared to the same period of the previous year, decreased by 3.1 billion yen from the end of Sep.2020, promoting digestion while maintaining brand value Quarterly inventory balance trends （ Million Yen ） Inventory Year on year 25,000 180% 149% 120% 126% 20,000 1
Slide 9: Balance Sheet
Balance Sheet Net assets increased 連結貸借対照表 by 3.4 billion yen year on year, and equity ratio was 51.1% year on year. （単位：百万円） （ Million Yen ） Current assets Current liabilities Net assets Fixed assets Fixed debt 41,668 40,167 60,275 37,368 55,588 46,595 4,900 6,702 7,159 47,214 50,686 36,201 38,268
Slide 10: II. Full-year outlook for the fiscal year ending Mar. 2021
II. Full-year outlook for the fiscal year ending Mar. 2021 Revised full-year outlook, taking into account the state of emergency
Slide 11: Prerequisites for formulating full-year forecast for the fiscal year ending March 2021
Prerequisites for formulating full-year forecast for the fiscal year ending March 2021 Expected sustainable growth related to outdoor activities and recovery related to athletics In addition to core sports such as mountain climbing and trail running, we will expand the items to be developed with the
Slide 12: Performance
Changes in business outlook based on the impact of the new COVID-19 crisis In the initial outlook, we expected a recovery in inbound demand at the end of the year, but changed to the outlook for the next and subsequent years First outlook At the time of the second Performance At the time of the thir
Slide 13: Assumptions for formulating forecast for the fiscal year ending Mar. 2021
Assumptions for formulating forecast for the fiscal year ending Mar. 2021 In the fourth quarter, the state of emergency is extended and it is expected to refrain from going out mainly in urban areas, so it is assumed to be 85% + Quarterly sales trends from the previous quarter After the state of eme
Slide 14: Full-year outlook summary for the fiscal year ending Mar. 2021
Full-year outlook summary for the fiscal year ending Mar. 2021 Forecast of financial results for the fiscal year ending Mar. 2021 (million yen) * Each left column is the revised full-year outlook at the time of the announcement in the first quarter. Net sales Operating income Ordinary income Net inc
Slide 15: Full-year sales forecast by brand business
Full-year sales forecast by brand business Sales forecast by brand business (million yen) * The left column is the revised full-year forecast at the time of the announcement in the first quarter. Outdoor Athletic Winter Other Outlook 70,400 75,800 8,900 - 7,700 2,100 - 2,000 2,600 2,500 Year on year
Slide 16: Factors behind increase / decrease in operating income, full-year outlook
Factors behind increase / decrease in operating income, full-year outlook Due to the recovery at directly managed stores and wholesale stores, it is 4.4 billion yen higher than the full-year forecast revision value at the time of the first quarter announcement. As of the first quarter announcement (
Slide 17: Changes in shareholder returns and dividend payout ratio
Changes in shareholder returns and dividend payout ratio The annual dividend for the fiscal year ended in Mar 2020 increased from the forecast of 50 yen to 60 yen (from 100 yen to 120 yen before the stock split). We will maintain the annual dividend and implement sustainable shareholder returns in t
Slide 18: III. Resilience in COVID-19 crisis
III. Resilience in COVID-19 crisis Continued refinement of the business model demonstrates its true value in the unforeseen situation of the COVID-19 crisis
Slide 19: Realization of actual demand business model and work style reform
Realization of actual demand business model and work style reform The self-managed sales ratio (cumulative in 3Q) was 55.5% (57.4% in the same period of the previous year). Continued well-balanced development of directly managed stores and wholesale stores Market tailwind Cultivating new customers D
Slide 20: Renewal of EC service and resilience in COVID-19 crisis
Renewal of EC service and resilience in COVID-19 crisis EC sales increased by 30% from the previous year. Sales composition ratio (cumulative 3Q) was 12.6% (8.8% in the same period of the previous year), expanding synergistic effects with directly managed stores Renewal points Platform renewal Servi
Slide 21: Efforts to promote DX and change work styles
Efforts to promote DX and change work styles Shifted to "aggressive IT" from 2018, and a careful change of consciousness over two years realized a flexible telework transition Main theme of IT reform promotion Shift to an aggressive Reform of user "Anytime, anywhere, with anyone" IT strategy awarene
Slide 22: Addressing climate change issues
Addressing climate change issues Review business portfolio in 2019 (Artwin liquidation), significantly reduce CO2 emissions Changes in CO2 emissions Prohibition of bringing in in-house PET bottles ■Artwin ■Logitem ■Toyama ■Tokyo （CO2 / t） 56% reduction compared to 2013 9,000 8,000 669 642 526 7,000
Slide 23: Summary
Summary In the third quarter, sales recovered to more than 90% year on year, driven by outdoor activities. As an activity that avoids crowded places, attention has been focused on camping, etc., and despite being affected by refraining from going out due to the corona storm, the cumulative third qua
Slide 24: 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 mill
Slide 25: (Reference) Quarterly performance trends
(Reference) Quarterly performance trends Full year 1Q Result 2Q Result 3Q Result 4Q Outlook outlook Cumula Cumula Cumula Cumula FY20.3 FY21.3 FY20.3 FY21.3 FY20.3 FY21.3 FY20.3 FY21.3 FY20.3 FY21.3 tive tive tive tive Net sales 18,074 12,200 12,200 23,094 19,358 31,558 34,675 37,668 69,226 22,056 18
Slide 26: 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 grasped, judged from available information and based on assumptions, and