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Consumer Non-Durables
Descente Ltd.
- 2,445.00 JPY
- +82.00
- +3.47%
Japan
Nov 20, 2018Ticker
TKS(8114)Prev. close
2,363Market cap (JPY)
181,771.82MMarket cap (USD)
1,616.68MShares
76.92M
In the news
- Descente suits up with new sportswear R&D in Japan, South Korea Sep 6, 2017
- Japan Inc. ain't what it used to be Jun 7, 2017
- China's Anta Sports eyeing foreign outdoor brands Sep 15, 2016
- China offensive part 2: Japan Inc. targets savvy consumers Aug 19, 2016
- Japan's Descente targeting 100 sportswear stores in China Jun 14, 2016 See more articles on 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 2018 | JPY | USD |
| Revenue | 141,224M | 1,274.21M |
| Gross Profit | 78,421M | 707.56M |
| Operating income | 9,596M | 86.58M |
| Income before tax | 8,606M | 77.64M |
| Net income | 5,771M | 52.06M |
| EBITDA | 13,051M | 117.75M |
| Diluted EPS | 76.57 | 0.69 |
| Dividends Per Share | 23 | 0.20 |
| Total Assets | 117,828M | 1,107.92M |
| Total liabilities | 38,951M | 366.25M |
| Total equity | 78,875M | 741.65M |
| Operating cash flow | 12,523M | 112.99M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 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 | |
| PER | 21.92 |
| ROA | 5.13% |
| ROE | 7.70% |
| Operating margin | 6.79% |
| Profit margin | 4.08% |
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
- Website:http://www.descente.co.jp
- Address: 1-11-3 Dogashiba, Tennoji-Ku, Osaka, 543-8921, Japan
- Phone: +81.6.6774.0365
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
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