Sales fell short of the initial forecast due to nationwide unseasonable weather and the re-expansion of new coronavirus infections. However, operating income will exceed the initial forecast due to flexible expense execution.
Second quarter results summary for the fiscal year ending March 2022
Sales did not reach the initial forecast due to the effects of refraining from going out due to unseasonable weather in August in addition to the corona crisis.
Net sales
121%
Year-on-year
comparison
(93% compared to the
same period last year)
Up to 13 directly managed stores are temporarily closed during a state of emergency.
The number of customers has not recovered since the end of the Obon holiday, and although it was 121% compared to the same period of the previous year, it was only 93% of the initial forecast.
EC sales, which are the source of demand for nesting, remained strong, maintaining a strong performance of 121% year-on-year.
EC sales
121% Year-on-year comparison
EC sales were 121% year-on-year, and EC sales composition was 14%.
Self-managedsales ratio was 58%, progress as planned.
Among wholesalers, sports mass retailers are doing well.
130% year-on-year.
Inventory balance is 87% year-on-year,109% compared to the same period last year. Continue to make efforts to optimize inventory
Although the reopening of directly managed stores progressed compared to the previous fiscal year, the gross profit margin remained at 51.0% due to the increase in sales at outlets, etc.
4,000
3,000
2,222
2,000
1,397
1,000
1,375
915
1,235
0
▲ 292
▲ 1,000
FY20.3
FY21.3
FY22.3
Despite the difficult situation, there was no
significant extraordinary gain or loss, and it was
the second highest level in the past.
4
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Goldwin Inc. published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2021 10:58:05 UTC.
GOLDWIN INC. is a Japan-based company mainly engaged in the manufacture and sale of sports goods based on fiber products. The Company is involved in the provision of climbing wears, marine wears, outdoor gears and other outdoor related products, training wears, tennis wears, fitness wears, swim wears, rugby wears, golf wears and other athletic related products, ski wears, snowboard wears and other winter related products, as well as functional underwear, dust proof wears and other products. The Company is also involved in the golf courses operation business, the travel agency business, the insurance agency business and the real estate related business.