Goldwin Inc, which holds the rights to manufacture, distribute or retail nearly two dozen sporting goods brands across Asia, reported sales of ¥54.9 billion ($549 mm) for the fiscal year ended March 31, up 4.5 percent from a year earlier.
In addition to its own skiwear brand, the Japanese company operates
several The North Force stores in Japan and also distributes apparel
from Helly Hansen, Filson, Icebreaker, Fischer, Speedo, Champion and
Establishes in 1950 in Oyabe, Toyama. Goldwin manufacture and
sales of mountain climbing, ski socks and ski sweaters in 1959. The
company developed woven skiwear in 1968 and by 1972 Goldwin products are
being used in the Olympic Games in Sapporo.
The company became an official supplier of the Ski Team Sweden
Alpine in 1987, developing “Metal Flash Pad SL Pants” to absorb impact
of the racing poles.
Goldwin reported operating income grew 16.6
percent to ¥2.2 billion ($22 mm), or 4.0 percent of sales, up 40 basis
points from fiscal 2013. Net income increased 14.5 percent to ¥3.0
The company ended the fiscal year with merchandise and finished
goods, work in process and raw materials and supplies valued at ¥10.5
billion ($105 mm), up 7.1 percent from a year earlier.
In its initial forecast for the fiscal year ended March 31, 2015,
Goldwin said it expects net sales to decline 1.9 percent in the six
months ended Sept. 30, 2014 and rise 0.2 percent for the full fiscal
year. The forecast calls for operating income to decline 81 and 9.9
percent and net income to decline by 85.9 and 0.7 percent respectively
during the two periods.
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By press release