Financial results briefing materials for the fiscal year ending March 2022

Goldwin Inc. (8111)

May 13, 2022

Copyright © GOLDWIN INC. All Rights.

Table of Contents

Ⅰ. Financial Results for the Fiscal Year

Ending March 2022

Ⅱ. Forecast for the fiscal year ending March 2023

Ⅲ. Progress report for the first year

of the medium-term management plan.

Ⅳ. Supplementary materials

P. 2 ~ P. 13

P. 14 ~ P. 19

P. 20 ~ P. 25

P. 26 ~ P. 32

Copyright © GOLDWIN INC. All Rights.

1

  1. 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.

Copyright © GOLDWIN INC. All Rights.

3

Summary of financial results for the fiscal year ending March 2022

Sales are the highest ever. Ordinary income also exceeded a record high of 20 billion yen for the first time. Net income increased by 30% year-on-year

Financial results for the fiscal year ending March 2022 (Million yen)

Net sale

Result98,235

Year-on-year108.6%

Profit margin on

sales

() is the same period of the

previous year

Gross profit

51,743

107.8%

52.7%

  • 53.1 %

Operating income

16,501

111.2%

16.8%

  • 16.4 %

Ordinary income

20,285

126.9%

20.6%

  • 17.7 %

Net income

14,350

133.7%

14.6%

  • 11.9 %

Net sale

(Million yen)

120,000

97,899

98,235

100,000

90,479

80,000

60,000

40,000

20,000

0

FY18.3

FY19.3

FY20.3

FY21.3

FY22.3

Operating income

20,000

17,480

16,501

16,000

14,838

12,000

8,000

4,000

0

FY18.3

FY19.3

FY20.3

FY21.3

FY22.3

Net income

16,000

14,350

14,000

10,770

12,000

10,734

10,000

8,000

6,000

4,000

2,000

0

FY18.3

FY19.3

FY20.3

FY21.3

FY22.3

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4

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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.