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Consumer Non-Durables

Descente Ltd.

Business Summary

Descente Ltd. engages in the manufacture and sale of active sportswear. Its brands include Descente, Inov, Arena, Le Coq Sportif, Umbro, and Marmot. It operates through the following geographical segments: Japan, Asia, and North America. The company was founded by Takeo Ishimoto in February 1935 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue124,607M1,146.06M
Gross Profit68,027M625.67M
Operating income432M3.97M
Income before tax-1,184M-10.88M
Net income-2,481M-22.81M
EBITDA6,702M61.64M
Diluted EPS-32.89-0.30
Dividends Per Share----
Total Assets108,504M1,005.08M
Total liabilities36,309M336.33M
Total equity72,193M668.73M
Operating cash flow2,371M21.80M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 135,778M 131,747M 141,224M 142,410M 124,607M
Gross Profit 76,366M 73,431M 78,421M 79,495M 68,027M
Operating income 10,376M 8,418M 9,596M 7,937M 432M
Income before tax 11,201M 8,533M 8,606M 5,683M -1,184M
Net income 7,870M 5,650M 5,771M 3,944M -2,481M
EBITDA 13,188M 11,402M 13,051M 11,826M 6,702M
Diluted EPS 104.46 75 76.57 52.30 -32.89
Dividends Per Share 17 23 23 26 --
Total Assets 107,624M 106,976M 117,141M 115,756M 108,504M
Total liabilities 37,876M 36,029M 38,264M 37,308M 36,309M
Total equity 69,748M 70,944M 78,875M 78,446M 72,193M
Operating cash flow 9,883M 5,520M 12,523M 11,137M 2,371M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,130.68M 1,216.64M 1,274.21M 1,284.19M 1,146.06M
Gross Profit 635.93M 678.11M 707.56M 716.85M 625.67M
Operating income 86.40M 77.73M 86.58M 71.57M 3.97M
Income before tax 93.27M 78.79M 77.64M 51.24M -10.88M
Net income 65.53M 52.17M 52.06M 35.56M -22.81M
EBITDA 109.82M 105.29M 117.75M 106.64M 61.64M
Diluted EPS 0.86 0.69 0.69 0.47 -0.30
Dividends Per Share 0.14 0.21 0.20 0.23 --
Total Assets 957.55M 960.02M 1,101.46M 1,045.81M 1,005.08M
Total liabilities 336.99M 323.33M 359.79M 337.06M 336.33M
Total equity 620.56M 636.66M 741.65M 708.73M 668.73M
Operating cash flow 82.30M 50.97M 112.99M 100.42M 21.80M

Valuation Measures

Mar 2020
PER--
ROA-2.21%
ROE-3.29%
Operating margin0.34%
Profit margin-1.99%

Key executives

  • President & Representative Director: Shuichi Koseki
  • CFO, Director & Managing Executive Officer: Akira Tsuchihashi
  • Director & Senior Managing Executive Officer: Hoon-Do Kim
  • Director & Managing Executive Officer: Norio Ogawa
  • Auditor: Masatsugu Morimitsu

Shareholders

  • ITOCHU Corp. (39.2%)
  • Nippon Life Insurance Co. (4.2%)
  • Teijin Ltd. (3.2%)
  • Sumitomo Mitsui Financial Group, Inc. (2.7%)
  • The Descente & Ishimoto Memorial Foundation (2.1%)
  • Toyobo Co., Ltd. (2.0%)
  • ISHIMOTO KAZUYUKI (2.0%)
  • Descente Ltd. (1.9%)
  • The Vanguard Group, Inc. (1.4%)
  • The Hokkoku Bank, Ltd. (1.3%)

Contact Details

Related Companies

  • Pedes Investments Ltd.
  • Descente North America, Inc. (United States)
  • Descente Japan Ltd.
  • Descente Restricted Stock Compensation Plan
  • Descente Global Retail Ltd.
  • Inoveight Ltd.
  • Singapore Descente Pte Ltd.
  • Shanghai Descente Commercial Co., Ltd.
  • Hong Kong Descente Trading Ltd.
  • Nautica Japan Ltd.
  • Descente Korea Ltd.
  • Descente Apparel KK
  • Beijing Descente Co. Ltd.
  • Descente Employee Stock Ownership Plan
  • Descente & Ishimoto Memorial Foundation
  • Descente Kyoeikai Association

Competitors

  • 361 Degrees International Ltd.
Last Updated on 5 Aug, 2020

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