Financial Results for the Fiscal Year Ending March 2022
The business model built over 20 years adapts to changes in consumer behavior due to the Corona crisis
Summary of financial results for the fiscal year ending March 2022
Continued to be strong from the end of last year. Wholesalers and EC sales support even while stores are closed due to Omicron variant.
108.6%
Net sales
Year-on-year
108.6%
Sales have been increasing since the latter half of the third quarter, and in the fourth quarter (three months), both sales and profits have reached record highs, and full-year sales have also reached record highs.
The NORTH FACE down, fleece and other winter clothing are the driving force.
EC sales continue to be strong, and the EC sales ratio is 13.4%, up 1.0 points from the same period of the previous year.
116.4%
EC sales
Year-on-year
116.4%
EC sales have been strengthened in collaboration with directly managed stores, customer convenience has improved significantly, and sales trends have remained strong at 116.4% year-on-year.
In October 2021, the MOUNTAIN site specializing in mountaineering was opened. Ingenuity to bring out the enjoyment of buying in EC also contributes positively.
Inventory balance is 88.7% year-on-year, continuing to stay within the plan
88.6%
Inventory
Year-on-year
88.6%
The balance of inventories was 13.4 billion yen, 88.6% of the same period of the previous year.
We have built a management system that can respond to unforeseen circumstances such as the supply chain due to the Corona crisis and the temporary closure of directly managed stores.
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Goldwin Inc. published this content on 13 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2022 12:21:08 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.