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Consumer Non-Durables

Descente Ltd.

  • 2,445.00 JPY
  • +82.00
  • +3.47%
  • Japan
    Nov 20, 2018
  • Ticker
    TKS(8114)
  • Prev. close
    2,363
  • Market cap (JPY)
    181,771.82M
  • Market cap (USD)
    1,616.68M
  • Shares
    76.92M

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 2018 JPYUSD
Revenue141,224M1,274.21M
Gross Profit78,421M707.56M
Operating income9,596M86.58M
Income before tax8,606M77.64M
Net income5,771M52.06M
EBITDA13,051M117.75M
Diluted EPS76.570.69
Dividends Per Share230.20
Total Assets117,828M1,107.92M
Total liabilities38,951M366.25M
Total equity78,875M741.65M
Operating cash flow12,523M112.99M
Currency in JPYCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 109,944M 123,128M 135,778M 131,747M 141,224M
Gross Profit 57,060M 67,663M 76,366M 73,431M 78,421M
Operating income 6,271M 9,136M 10,376M 8,418M 9,596M
Income before tax 6,643M 9,245M 11,201M 8,533M 8,606M
Net income 4,470M 6,563M 7,870M 5,650M 5,771M
EBITDA 7,984M 11,154M 13,188M 11,402M 13,051M
Diluted EPS 59.33 87.11 104.46 75 76.57
Dividends Per Share 10 12 17 23 23
Total Assets 83,830M 95,396M 107,624M 106,976M 117,828M
Total liabilities 27,521M 30,118M 37,876M 36,029M 38,951M
Total equity 56,309M 65,278M 69,748M 70,944M 78,875M
Operating cash flow 3,976M 10,310M 9,883M 5,520M 12,523M
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 1,097.55M 1,120.80M 1,130.68M 1,216.64M 1,274.21M
Gross Profit 569.62M 615.92M 635.93M 678.11M 707.56M
Operating income 62.60M 83.16M 86.40M 77.73M 86.58M
Income before tax 66.31M 84.15M 93.27M 78.79M 77.64M
Net income 44.62M 59.74M 65.53M 52.17M 52.06M
EBITDA 79.70M 101.53M 109.82M 105.29M 117.75M
Diluted EPS 0.59 0.79 0.86 0.69 0.69
Dividends Per Share 0.09 0.10 0.14 0.21 0.20
Total Assets 814.00M 795.46M 957.55M 960.02M 1,107.92M
Total liabilities 267.23M 251.14M 336.99M 323.33M 366.25M
Total equity 546.76M 544.32M 620.56M 636.66M 741.65M
Operating cash flow 39.69M 93.84M 82.30M 50.97M 112.99M

Valuation Measures

Mar 2018
PER21.92
ROA5.13%
ROE7.70%
Operating margin6.79%
Profit margin4.08%

Key executives

  • President & Representative Director: Masatoshi Ishimoto
  • Director & Head-Global Operations: Hitoshi Haneda
  • Chief Financial Officer & Director: Kenichi Tsujimoto
  • Executive Officer & Manager-Athletic Brand: Tomoyuki Niwa
  • Executive Officer & Manager-Descente Brand: Hideaki Tayama

Shareholders

  • ITOCHU Corp. (29.8%)
  • Nippon Life Insurance Co. (4.2%)
  • He Sheng Overseas Holdings Ltd. (3.4%)
  • Zhi Sheng Overseas Holdings Ltd. (3.4%)
  • Sumitomo Mitsui Financial Group, Inc. (2.7%)
  • Teijin Ltd. (2.6%)
  • The Descente & Ishimoto Memorial Foundation (2.1%)
  • ISHIMOTO KAZUYUKI (2.0%)
  • Toyobo Co., Ltd. (2.0%)
  • Descente Ltd. (1.9%)

Contact Details

Related Companies

  • 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

    Last Updated on 20 Nov, 2018

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