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Article Date: November 2020
Word Count: 135

Goldwin Results Continue Decline in FQ2

Net income was ¥915 million ($8.6 mm) in the fiscal second quarter ended Sep. 30, down 59% from ¥2,222 million last year, as revenues slipped 16% to ¥19,358 million ($182.5 mm) from ¥23,094 million. Gross margin narrowed by 140 basis points to 50.6%, while SG&A was up 10% in yen. Goldwin said that personal consumption in Japan has remained depressed, even after the coronavirus state of emergency ... Log in to view full article.


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