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Goldwin (8111) investor relations material
Goldwin Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 cumulative revenue increased year-over-year to ¥99,472 million, driven by strong fall/winter goods and inbound demand, despite a challenging sales environment and intensified competition.
Gross profit rose 5.6% year-on-year to ¥53,210 million, with gross margin improving to 53.5% due to cost optimization and selective price revisions.
Operating profit grew 10.5% year-on-year to ¥18,717 million, but profit attributable to owners of parent fell 13.8% to ¥15,251 million, reflecting higher costs and lower affiliate contributions.
Inbound demand from mainland China declined, but was offset by growth from other regions, resulting in total inbound net sales exceeding the previous year.
Financial highlights
Q3 cumulative net sales: ¥99,472 million (up 2.7% YoY); gross profit: ¥53,210 million (up 5.6% YoY); operating profit: ¥18,717 million (up 10.5% YoY); net income: ¥15,251 million (down 13.8% YoY).
Ordinary profit declined 1.2% to ¥21,617 million.
EPS: ¥111.17 (down from ¥131.41 YoY, adjusted for stock split).
Gross profit margin for Q3 cumulative: 53.5% (up from 52.0% YoY).
E-commerce net sales up 114.3% YoY, driven by third-party platforms.
Outlook and guidance
Full-year forecast (ending March 31, 2026): net sales ¥140,500 million (up 6.2% YoY), operating profit ¥25,900 million (up 18.2% YoY), ordinary profit ¥33,900 million (up 10.0% YoY), net income ¥25,400 million (up 3.9% YoY), EPS ¥189.11 (post-split basis).
No revisions to previously announced forecasts; company will monitor market conditions for potential updates.
Gross profit margin for FY2026.3 forecast at 52.7%.
- TimeTickerHeadlineOpen
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Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus.
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