Goldwin Inc. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and for the Full Year Ending March 31, 2017
August 01, 2016
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Goldwin Inc. reported consolidated earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 10,015 million compared to JPY 10,015 million a year ago. Operating loss was JPY 263 million compared to JPY 528 million a year ago. Ordinary loss was JPY 40 million compared to JPY 138 million a year ago. Loss attributable to owners of the parent was JPY 62 million or JPY 5.46 per share compared to JPY 215 million or JPY 18.77 per share a year ago. LBIT was JPY 45 compared to JPY 167 million a year ago.
For the year ending March 31, 2017, the company expects consolidated net sales of JPY 59,200 million, operating income of JPY 2,950 million, ordinary income of JPY 3,950 million and profit attributable to owners of the parent of JPY 3,000 million or JPY 261.28 per share.
For the six months ending September 30, 2016, the company expects consolidated net sales of JPY 25,200 million, operating income of JPY 340 million, ordinary income of JPY 670 million and profit attributable to owners of the parent was of JPY 250 million or JPY 21.77 per share.
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 First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Six Months Ending September 30, 2016 and for the Full Year Ending March 31, 2017