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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 2019 JPYUSD
Revenue142,410M1,284.19M
Gross Profit79,495M716.85M
Operating income7,937M71.57M
Income before tax5,683M51.24M
Net income3,944M35.56M
EBITDA11,826M106.64M
Diluted EPS52.300.47
Dividends Per Share260.23
Total Assets115,756M1,045.81M
Total liabilities37,308M337.06M
Total equity78,446M708.73M
Operating cash flow11,137M100.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 123,128M 135,778M 131,747M 141,224M 142,410M
Gross Profit 67,663M 76,366M 73,431M 78,421M 79,495M
Operating income 9,136M 10,376M 8,418M 9,596M 7,937M
Income before tax 9,245M 11,201M 8,533M 8,606M 5,683M
Net income 6,563M 7,870M 5,650M 5,771M 3,944M
EBITDA 11,154M 13,188M 11,402M 13,051M 11,826M
Diluted EPS 87.11 104.46 75 76.57 52.30
Dividends Per Share 15 17 23 23 26
Total Assets 95,396M 107,624M 106,976M 117,141M 115,756M
Total liabilities 30,118M 37,876M 36,029M 38,264M 37,308M
Total equity 65,278M 69,748M 70,944M 78,875M 78,446M
Operating cash flow 10,310M 9,883M 5,520M 12,523M 11,137M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,120.80M 1,130.68M 1,216.64M 1,274.21M 1,284.19M
Gross Profit 615.92M 635.93M 678.11M 707.56M 716.85M
Operating income 83.16M 86.40M 77.73M 86.58M 71.57M
Income before tax 84.15M 93.27M 78.79M 77.64M 51.24M
Net income 59.74M 65.53M 52.17M 52.06M 35.56M
EBITDA 101.53M 109.82M 105.29M 117.75M 106.64M
Diluted EPS 0.79 0.86 0.69 0.69 0.47
Dividends Per Share 0.13 0.14 0.21 0.20 0.23
Total Assets 795.46M 957.55M 960.02M 1,101.46M 1,045.81M
Total liabilities 251.14M 336.99M 323.33M 359.79M 337.06M
Total equity 544.32M 620.56M 636.66M 741.65M 708.73M
Operating cash flow 93.84M 82.30M 50.97M 112.99M 100.42M

Valuation Measures

Mar 2019
PER55.43
ROA3.38%
ROE5.01%
Operating margin5.57%
Profit margin2.76%

Key executives

  • President & Representative Director: Shuichi Ozeki
  • 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. (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%)
  • ISHIMOTO KAZUYUKI (2.0%)
  • Toyobo Co., Ltd. (2.0%)
  • Descente Ltd. (1.9%)
  • Descente Kyoeikai Association (1.8%)
  • Nomura Asset Management Co., Ltd. (1.4%)

Contact Details

Related Companies

  • Aghoco 1085 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

    Last Updated on 11 Oct, 2019

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