Note: This document has been translated from a part of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Consolidated Financial Results for the First Six Months
of the Fiscal Year Ending February 28, 2025
October 3, 2024 | |
Company name: | World Co., Ltd. |
Listing: | Tokyo Stock Exchange |
Securities code: | 3612 |
URL: | https://corp.world.co.jp/ |
Representative: | Nobuteru Suzuki, Representative Director of the Board |
President and Executive Officer | |
Inquiries: | Keiichi Nakabayashi, Member of the Board |
Executive Vice President and Executive Officer | |
TEL: | +81-3-6887-1300 |
Scheduled date to file Semi-annual Securities Report: | October 11, 2024 |
Scheduled date to commence dividend payments: | November 5, 2024 |
Preparation of supplementary material on financial results: | Yes |
Holding of financial results presentation meeting: | Yes (for institutional investors and analysts) |
(Millions of yen with fractional amounts rounded, unless otherwise noted.)
1. Consolidated financial results for the first six months of the fiscal year ending February 28, 2025 (from March 1, 2024 to August 31, 2024)
(1) Consolidated operating results (cumulative) | (Percentages indicate year-on-year changes.) | ||||||||
Revenue | Core operating profit | Operating profit | Profit before tax | ||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||
Six months ended | 110,113 | 6.8 | 8,033 | 39.2 | 7,890 | 34.4 | 7,347 | 34.7 | |
August 31, 2024 | |||||||||
Six months ended | 103,065 | 6.5 | 5,772 | 41.8 | 5,871 | 44.0 | 5,455 | 61.5 | |
September 30, 2023 | |||||||||
(Note) Core operating | profit is Revenue | less Cost of sales and Selling, general and administrative expenses. |
Profit attributable to | Basic earnings | ||
owners of parent | per share | ||
Millions of yen | % | Yen | |
Six months ended | 4,669 | 41.9 | 132.89 |
August 31, 2024 | |||
Six months ended | 3,290 | 57.9 | 89.36 |
September 30, 2023 | |||
Diluted earnings
per share
Yen
132.89
89.36
(Notes) 1. During the fiscal year ended February 29, 2024, the Company finalized the provisional accounting treatment for business combinations. As a result, figures for the six months ended September 30, 2023, reflect the finalization of the provisional accounting treatment.
2. Basic earnings per share takes into consideration the amount not attributable to common shareholders of parent (amount attributable to owners of other equity instruments).
(2) Consolidated financial position
Total assets | Total equity | |
Millions of yen | Millions of yen | |
As of August 31, 2024 | 236,002 | 87,309 |
As of February 29, | 239,685 | 88,418 |
2024 | ||
Equity attributable to
owners of parent
Millions of yen 80,502
82,010
Ratio of equity
attributable to owners of parent to total assets
%
34.1
34.2
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2. Cash dividends
Annual dividends | ||||||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | ||||
Yen | Yen | Yen | Yen | Yen | ||||
Fiscal year ended | – | 26.00 | – | 30.00 | 56.00 | |||
February 29, 2024 | ||||||||
Fiscal year ending | – | 37.00 | ||||||
February 28, 2025 | ||||||||
Fiscal year ending | – | 38.00 | 75.00 | |||||
February 28, 2025 | ||||||||
(Forecast) | ||||||||
(Note) | Revisions to | the forecast of cash | dividends most recently | announced: None | ||||
Breakdown of fiscal year-end dividends for the fiscal year ended February 29, 2024 | ||||||||
Ordinary dividend per share: | 25.00 yen |
Commemorative dividend per share: 5.00 yen (commemorative dividend for the 5th anniversary of the Company’s listing)
3. Consolidated earnings forecasts for the fiscal year ending February 28, 2025 (from March 1, 2024 to February 28, 2025)
(Percentages indicate year-on-year changes.)
Revenue | Core operating profit | Operating profit | Profit before tax | ||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | ||||||
Fiscal year ending | 230,000 | – | 17,000 | – | 15,500 | – | 14,550 | – | |||||
February 28, 2025 | |||||||||||||
Profit attributable to | Basic earnings | ||||||||||||
owners of parent | per share | ||||||||||||
Millions of yen | % | Yen | |||||||||||
Fiscal year ending | 8,500 | – | 238.28 | ||||||||||
February 28, 2025 | |||||||||||||
(Notes) 1. Revisions to | earnings forecasts | most | recently announced: None |
- Core operating profit is Revenue less Cost of sales and Selling, general and administrative expenses.
- Basic earnings per share takes into consideration the amount not attributable to common shareholders of parent (amount attributable to owners of other equity instruments).
- Due to the change in the fiscal year-end, the consolidated accounting period for the previous fiscal year is an 11- month period from April 1, 2023 to February 29, 2024. Accordingly, the year-on-year changes are not presented for the full-year earnings forecasts.
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* Notes
- Significant changes in the scope of consolidation during the period: None
Newly included: –
Excluded: – - Changes in accounting policies, changes in accounting estimates
a. | Changes in accounting policies required by IFRS: | None |
b. | Changes in accounting policies due to other reasons: | None |
c. | Changes in accounting estimates: | None |
- Number of issued shares (ordinary shares)
a. Total number of issued shares at the end of the period (including treasury shares)
As of August 31, 2024
As of February 29, 2024
34,390,965 shares
34,390,965 shares
b. Number of treasury shares at the end of the period
As of August 31, 2024
As of February 29, 2024
320,608 shares
358,808 shares
c. Average number of shares during the period
For the six months ended August 31, 2024 | 34,047,935 shares |
For the six months ended September 30, 2023 | 33,997,264 shares |
- Semi-annualfinancial results reports are exempt from review conducted by certified public accountants or an audit corporation.
- Proper use of earnings forecasts, and other special matters (Caution regarding forward-lookingstatements and others)
The forward-looking statements, including earnings forecasts, contained in these materials are based on information currently available to the Company and on certain assumptions deemed to be reasonable. Any statements herein do not constitute assurances regarding actual results by the Company. Actual business and other results may differ substantially due to various factors. For the suppositions that form the assumptions for earnings forecasts and cautions concerning the use thereof, please refer to the section of “(3) Explanation of consolidated earnings forecasts and other forward-looking statements” of “1. Qualitative information on semi-annual consolidated financial results” of the attached material.
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