Financial results briefing materials for the second quarter of the fiscal year ending March 2022

Goldwin Inc. (8111)

November 5, 2021

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Table of Contents

Ⅰ. Second 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.15

March 2022

Ⅲ. Priority measures to achieve the full year outlook

P. 16 ~ P.24

Copyright © GOLDWIN INC. All Rights.

1

Ⅰ. Second quarter results for the fiscal year

ending March 2022

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

Inventory

87%

Year-on-year

comparison

(109% compared to the

same period last year)

Copyright © GOLDWIN INC. All Rights.

  • Inventory balance was 87% year-on-year.
  • Thorough order flow management, expected to fall below year-on-year in the second half.

3

Summary of 2Q results briefing for the fiscal year ending March 2022

Results for the second quarter of the fiscal year ending March 2022 (Million yen)

Result

Year-on-year

Profit margin on

sales

( ) The upper row shows the

results FY21.3

( ) The lower row shows the

results FY20.3

Net sales

Gross profit

Operating income

Ordinary income

Net income

38,208

19,500

3,299

3,835

2,632

121.1%

120.9%

266.8%

274.8%

421.9%

51.0%

8.6%

10.0%

6.9%

51.1%

3.9%

4.4%

2.0%

52.3%

13.5%

12.9%

8.7%

Net sales

Operating income

Net income

(Million Yen ) 50,000

40,000

30,000

23,094

19,358

21,130

20,000

10,000

18,074

12,200

17,078

0

FY20.3

FY21.3

FY22.3

13 stores closed in August, attracting customers after the Obon holiday falls below our forecast.

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6,000

5,000

4,000

3,635

3,000

2,164

2,000

1,000

1,902

1,715

1,135

0

479

1,000

FY20.3

FY21.3

FY22.3

1Q 2Q

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

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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.