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Consumer Non-Durables

Onward Holdings Co., Ltd.

Business Summary

Onward Holdings Co., Ltd. engages in the management of its group companies which are involved in apparel, resort, and service-related businesses. Its operations are carried out through the Apparel related and Lifestyle related business segments. The Apparel related business segment covers the geographical locations Japan, Europe, Asia and North America. The Lifestyle related business segment includes the design and construction of commercial facilities and the management of resort facilities. The company was founded by Junzo Kashiyama in February 1927 and is headquartered in Tokyo, Japan.

Financial Highlights

Feb 2021 JPYUSD
Revenue174,323M1,645.16M
Gross Profit68,936M650.57M
Operating income-21,230M-200.35M
Income before tax-25,560M-241.22M
Net income-23,181M-218.76M
EBITDA-14,938M-140.97M
Diluted EPS-171.17-1.61
Dividends Per Share120.11
Total Assets196,052M1,840.17M
Total liabilities136,540M1,281.58M
Total equity56,863M533.72M
Operating cash flow-19,614M-185.10M
Currency in JPYCurrency in USD

Historical Data

 Feb 2017Feb 2018Feb 2019Feb 2020Feb 2021
Revenue 244,900M 243,075M 240,652M 248,233M 174,323M
Gross Profit 105,621M 105,844M 104,033M 105,858M 68,936M
Operating income 4,203M 5,168M 4,462M -3,061M -21,230M
Income before tax 10,980M 10,029M 3,154M -37,579M -25,560M
Net income 4,743M 5,367M 4,949M -52,135M -23,181M
EBITDA 12,997M 14,065M 13,273M 5,079M -14,938M
Diluted EPS 31.15 36.60 34.95 -383.97 -171.17
Dividends Per Share 24 24 24 24 12
Total Assets 273,226M 278,133M 287,554M 234,316M 196,052M
Total liabilities 107,552M 109,978M 125,341M 140,276M 136,540M
Total equity 164,133M 165,339M 158,874M 90,296M 56,863M
Operating cash flow 6,842M 13,230M 4,635M 8,003M -19,614M
 Feb 2017Feb 2018Feb 2019Feb 2020Feb 2021
Revenue 2,261.94M 2,181.88M 2,178.25M 2,277.16M 1,645.16M
Gross Profit 975.53M 950.07M 941.64M 971.08M 650.57M
Operating income 38.81M 46.38M 40.38M -28.08M -200.35M
Income before tax 101.41M 90.02M 28.54M -344.73M -241.22M
Net income 43.80M 48.17M 44.79M -478.25M -218.76M
EBITDA 120.04M 126.25M 120.13M 46.59M -140.97M
Diluted EPS 0.28 0.32 0.31 -3.52 -1.61
Dividends Per Share 0.22 0.21 0.21 0.22 0.11
Total Assets 2,442.02M 2,606.56M 2,583.12M 2,172.30M 1,840.17M
Total liabilities 961.27M 1,030.67M 1,125.95M 1,300.47M 1,281.58M
Total equity 1,466.97M 1,549.49M 1,427.18M 837.12M 533.72M
Operating cash flow 63.19M 118.75M 41.95M 73.41M -185.10M

Valuation Measures

Feb 2021
PER--
ROA-10.77%
ROE-31.50%
Operating margin-12.17%
Profit margin-13.29%

Key executives

  • President & Representative Director: Michinobu Yasumoto
  • Director, Head-Finance, Accounting & IR: Osamu Sasaki
  • Senior Managing Director & Head-International: Tsunenori Suzuki
  • Director, Head-Personnel & General Affairs: Daisuke Ikeda
  • Managing Executive Officer & Head-Marketing: Yoshihiro Higuchi

Shareholders

  • Onward Holdings Co., Ltd. (14.1%)
  • Marathon Asset Management LLP (6.4%)
  • Kashiyama Shogaku Zaidan (5.5%)
  • Eastspring Investments (Singapore) Ltd. (4.4%)
  • Onward Holdings Business Association (3.2%)
  • Nippon Life Insurance Co. (2.9%)
  • Dai-ichi Life Holdings, Inc. (2.6%)
  • Nomura Asset Management Co., Ltd. (2.2%)
  • Sumitomo Mitsui DS Asset Management Co., Ltd. (2.2%)
  • Sumitomo Mitsui Financial Group, Inc. (1.8%)

Contact Details

  • Website:http://www.onward-hd.co.jp
  • Address: Onward Park Building, 3-10-5 Nihonbashi, Tokyo, 103-8239, Japan
  • Phone: +81.3.4512.1020

Related Companies

  • Onward Personal Style Co. , Ltd.
  • Onward U.S.A. LLC
  • Kashiyama (Dalian) Co., Ltd.
  • La Maison Moreau SAS
  • Kashiyama Daikanyama Co., Ltd.
  • Kashiyama Saga Co., Ltd.
  • Intimates Co., Ltd.
  • Onward Fashion Lab Co., Ltd.
  • Onward International Fashion Co., Ltd.
  • Jil Sander UK Ltd.
  • Yamato Co., Ltd. (Nagano)
  • KOKOBUY, Inc.
  • Innovate Organics, Inc.
  • Tiaclasse, Inc.
  • Onward Fashion Trading Shanghai Co., Ltd.
  • Shanghai Onward Fashion Co., Ltd.
  • Onward Mangilao Guam, Inc.
  • Onward Beach Resort Guam, Inc.
  • Onward Kashiyama Korea Co., Ltd.
  • Horloge Saint Benoit SAS
  • Yasuda (Vietnam) Co. Ltd.
  • Onward Kashiyama Singapore Pte Ltd.
  • Onward Fashion Trading (China) Co., Ltd.
  • Onward Italia SpA
  • Onward Kashiyama Hong Kong Ltd.
  • Onward Kashiyama Vietnam Ltd.
  • Onward Golf Resort Guam, Inc.
  • Onward Holdings Business Association
  • O & K KK
  • Birth Village Ltd.

Competitors

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