Goldwin Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016; Provides Year Ended Dividend Guidance for the Year Ending March 31, 2016
February 02, 2016
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Goldwin Inc. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales of JPY 43,339 million compared to JPY 41,557 million a year ago. Operating income was JPY 2,874 million compared to JPY 2,738 million a year ago. Ordinary income was JPY 3,216 million compared to JPY 3,632 million a year ago. Profit attributable to owners of the parent was JPY 2,423 million or JPY 211.09 per share compared to JPY 3,201 million or JPY 273.43 per share a year ago. Income before income taxes and minority interests was JPY 2,961 million compared to JPY 3,614 million a year ago.
For the year ending March 31, 2016, the company expects consolidated net sales of JPY 58,000 million, operating income of JPY 2,500 million, ordinary income of JPY 4,150 million and profit attributable to owners of the parent of JPY 3,560 million or JPY 305.41 per share.
The company expects year-end dividend of JPY 55.00 per share for the fiscal year ending March 31, 2016 compared with JPY 10.00 per share a year ago.
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.
Goldwin Inc. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016; Provides Year Ended Dividend Guidance for the Year Ending March 31, 2016