Consumer Non-Durables
Descente Ltd.
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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 2021 | JPY | USD |
| Revenue | 96,831M | 913.00M |
| Gross Profit | 50,980M | 480.68M |
| Operating income | -1,805M | -17.01M |
| Income before tax | 5,565M | 52.47M |
| Net income | 5,039M | 47.51M |
| EBITDA | 3,396M | 32.02M |
| Diluted EPS | 66.78 | 0.62 |
| Dividends Per Share | 0 | 0 |
| Total Assets | 107,987M | 977.25M |
| Total liabilities | 30,020M | 271.67M |
| Total equity | 77,963M | 705.54M |
| Operating cash flow | 2,393M | 22.56M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 131,747M | 141,224M | 142,410M | 124,607M | 96,831M |
| Gross Profit | 73,431M | 78,421M | 79,495M | 68,027M | 50,980M |
| Operating income | 8,418M | 9,596M | 7,937M | 432M | -1,805M |
| Income before tax | 8,533M | 8,606M | 5,683M | -1,184M | 5,565M |
| Net income | 5,650M | 5,771M | 3,944M | -2,481M | 5,039M |
| EBITDA | 11,402M | 13,051M | 11,826M | 6,702M | 3,396M |
| Diluted EPS | 75 | 76.57 | 52.30 | -32.89 | 66.78 |
| Dividends Per Share | 23 | 23 | 26 | 0 | 0 |
| Total Assets | 106,976M | 117,141M | 115,756M | 108,504M | 107,987M |
| Total liabilities | 36,029M | 38,264M | 37,308M | 36,309M | 30,020M |
| Total equity | 70,944M | 78,875M | 78,446M | 72,193M | 77,963M |
| Operating cash flow | 5,520M | 12,523M | 11,137M | 2,371M | 2,393M |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 1,216.64M | 1,274.21M | 1,284.19M | 1,146.06M | 913.00M |
| Gross Profit | 678.11M | 707.56M | 716.85M | 625.67M | 480.68M |
| Operating income | 77.73M | 86.58M | 71.57M | 3.97M | -17.01M |
| Income before tax | 78.79M | 77.64M | 51.24M | -10.88M | 52.47M |
| Net income | 52.17M | 52.06M | 35.56M | -22.81M | 47.51M |
| EBITDA | 105.29M | 117.75M | 106.64M | 61.64M | 32.02M |
| Diluted EPS | 0.69 | 0.69 | 0.47 | -0.30 | 0.62 |
| Dividends Per Share | 0.21 | 0.20 | 0.23 | 0 | 0 |
| Total Assets | 960.02M | 1,101.46M | 1,045.81M | 1,005.08M | 977.25M |
| Total liabilities | 323.33M | 359.79M | 337.06M | 336.33M | 271.67M |
| Total equity | 636.66M | 741.65M | 708.73M | 668.73M | 705.54M |
| Operating cash flow | 50.97M | 112.99M | 100.42M | 21.80M | 22.56M |
Valuation Measures
| Mar 2021 | |
| PER | 28.17 |
| ROA | 4.65% |
| ROE | 6.71% |
| Operating margin | -1.86% |
| Profit margin | 5.20% |
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%)
- He Sheng Overseas Holdings Ltd. (2.6%)
- Baillie Gifford & Co. (2.3%)
- Zhi Sheng Overseas Holdings Ltd. (2.1%)
- The Descente & Ishimoto Memorial Foundation (2.1%)
- Toyobo Co., Ltd. (2.0%)
- Descente Ltd. (1.8%)
Contact Details
- Website:http://www.descente.co.jp
- Address: 1-11-3 Dogashiba, Tennoji-Ku, Osaka, 543-8921, Japan
- Phone: +81.6.6774.0365
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.
- Ben-General Corp. Ltd.
- Descente Employee Stock Ownership Plan
- Descente & Ishimoto Memorial Foundation
- Descente Kyoeikai Association
Competitors
- 361 Degrees International Ltd.
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Last Updated on 15 Oct, 2021
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