Goldwin Inc. achieved stable profitability for the fiscal year ending March 2025 by flexibly adjusting product introduction and shipping, and through precise inventory management, demonstrating a competitive advantage in a demand-oriented business model.See it on page 4
02
Inbound sales at Goldwin's directly managed stores significantly increased to 25.5% for the full fiscal year ending March 2025, up from 17.3% the previous year, with strong demand continuing from Q4 onwards, particularly from mainland China.See it on page 8
03
Goldwin's EC sales for FY25.3 were 108% compared to the previous quarter and 114% compared to the same period last year in Q4, with total EC sales reaching 17,306 million yen.See it on page 11
04
Goldwin expects a 0.6 percentage point improvement in its gross profit margin for FY26.3, driven by stable costs, mitigation of strong yen impact in the first half, and improved pricing policy and inventory accuracy in the second half.See it on page 12
05
Goldwin's Korean subsidiary, YOUNGONE OUTDOOR Corporation (YOC), exceeded 1 trillion won (approximately 100 billion yen) in sales, with steady performance expected for FY25.12 despite challenges like a warm winter affecting autumn/winter item sales.See it on page 16
06
THE NORTH FACE Kids generated 9.2 billion yen in sales for FY25.3, with apparel sales at 7.6 billion yen and gear sales at 1.6 billion yen, and the brand is focusing on family trust and shared experiences.See it on page 30
07
Goldwin is expanding its presence in mainland China with THE NORTH FACE and Goldwin brands, achieving sales growth rates of 104.1% and 145.5% respectively, and plans to open five new stores.See it on page 26
Table of contents M Goldwin I. Results for the fiscal year ending March 2025 P. 3 ~ P.16 II. Full-year forecast for fiscal year ending March 2026 P.17 ~ P.22 III.