KK Goldwin

8111

Equity

ISIN JP3306600002 / Valor 761882

Tokyo Stock Exchange (2024-09-17)

JPY 7,963.00+2.95%

KK Goldwin
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About company

KK Goldwin, originally established in 1950 as Tsuzawa Knit Fabric Factory in Oyabe City, Toyama Prefecture, has evolved into a prominent manufacturer of sporting goods and apparel. The company launched its original brand, GOLDWIN, in 1958 and has since expanded its offerings to include a diverse range of outdoor and athletic collections. Notable product lines include the C3fit compression gear and the Goldwin 0 platform, which features functional clothing for both men and women. GOLDWIN is known for integrating technical performance with fashion-forward design, creating apparel suitable for both rugged outdoor conditions and urban environments. The company has also been an official sponsor of the British Alpine Ski National Team and skier Dave Ryding since 2017, underscoring its commitment to high-quality, athlete-focused products. Additionally, GOLDWIN introduced its LIFESTYLE collection in 2016, emphasizing versatility, practicality, and sleek style for those who value uniqueness and quality.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Net Sales

KK Goldwin reported consolidated net sales of ¥24,601 million for the three months ended June 30, 2024, reflecting a 6.3% increase compared to the same period in the previous year, which recorded ¥23,150 million. This growth indicates a positive trend in the company's sales performance.

Operating Profit

For the first quarter of 2024, KK Goldwin achieved an operating profit of ¥1,839 million, down from ¥2,263 million in the same quarter of 2023. This represents a decrease of 18.8%, highlighting some challenges in managing operational costs or other expenses.

Profit Attributable to Owners

KK Goldwin's profit attributable to owners of the parent for Q1 2024 was ¥3,660 million, a slight increase from ¥3,347 million in Q1 2023. This 9.4% rise suggests improved profitability despite the decline in operating profit.

Equity Ratio

As of June 30, 2024, KK Goldwin's equity ratio stood at 73.3%, up from 70.9% as of March 31, 2024. This improvement in the equity ratio indicates a stronger financial position and better leverage management.

Dividend Forecast

KK Goldwin has forecasted an annual dividend of ¥163.00 per share for the fiscal year ending March 31, 2025, slightly higher than the ¥162.00 per share paid in the previous fiscal year. This forecast includes a commemorative dividend of ¥10 associated with the company's head office relocation.

Summarized from source with an LLMView Source

Key figures

-28.0%1Y

6.46%3Y

-8.10%5Y

Performance

36.0%1Y

32.9%3Y

34.1%5Y

Volatility