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.
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 |
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 | ||
115,000 | |||
110,000 | Lifestyle | Fashion | |
6,867 | |||
267 | |||
105,000 | Performance | ||
100,000 | 631 | 106,000 | |
95,000 | 98,235 | ||
0 | |||
FY22.3 Results | FY22.3 Beginnin |
Revised outlook
115,000 | Lifestyle | |
8,367 | ||
110,000 | Performance | Fashion |
1,267 | ||
105,000 | 5,631 | |
100,000 | 113,500 | |
95,000 | 98,235 | |
0 | ||
FY22.3 Results | FY23.3 Revised |
Keywords of brands chosen by customers after the Corona crisis
Outdoor | Borderless |
SympathyTrustAttachment
Technology | Sustainability |
Copyright © GOLDWIN INC. All Rights. | 2 |
- 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.
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 | |
86,746 | ||
73,782 | ||
FY22.3 | FY23.3 |
- Sales of gear-related items such as padded boots from THE NORTH FACE, which had delays due to the lockdown in Vietnam last year, are trending favorably.
- Inbound demand has increased month by month since October. In December (single month), it recovered to the same level as the peak in FY20.3 (about 9% of sales at directly managed stores).
EC sales continue to grow steadily, up 12.8% year-on-year
(Million yen) | EC sales | |
10,910 | ||
9,669 | ||
FY22.3 | FY23.3 |
- EC sales increased 12.8% year-on-year, accounting for 12.6% of total sales.
- Sales increased year-on-year in all sales channels: directly managed stores, wholesalers, and EC.
- The self-managed sales ratio remained steady at 59% (62% in the same period of the previous year).
Inventory balance continues to be within plan
(Million yen) | Inventory |
13,568 | 14,178 |
FY22.3 | FY23.3 |
- Inventory balance was 104% year-on-year, an increase of 600 million yen year-on-year. Trended within the scope of the initial forecast.
- The sales loss rate was 1.2%. Thorough high-precision inventory management that understands actual needs.
Copyright © GOLDWIN INC. All Rights. | 4 |
This is an excerpt of the original content. To continue reading it, access the original document here.