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 Fiscal Year Ended February 28, 2025
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, Representative Managing Executive Officer | |
Inquiries: | Keiichi Nakabayashi, Member of the Board |
Executive Vice President and Executive Officer | |
TEL: | +81-3-6887-1300 |
Scheduled date of ordinary general meeting of shareholders: | May 27, 2025 |
Scheduled date to commence dividend payments: | May 28, 2025 |
Scheduled date to file Securities Report: | May 26, 2025 |
Preparation of supplementary material on financial results: | |
Holding of financial results presentation meeting: |
Yes
April 3, 2025
Yes (for institutional investors and analysts)
(Millions of yen with fractional amounts rounded, unless otherwise noted.)
1. Consolidated financial results for the fiscal year ended February 28, 2025 (from March 1, 2024 to February 28, 2025)
(1) Consolidated operating results
(Percentages indicate year-on-year changes.)
Revenue | Core operating profit | Operating profit | Profit before tax | |||||
Fiscal year ended February 28, 2025 Fiscal year ended February 29, 2024 | Millions of yen 225,658 202,342 | % – – | Millions of yen 17,013 13,569 | % – – | Millions of yen 16,796 12,004 | % – – | Millions of yen 15,506 11,186 | % – – |
%
Profit attributable to owners of parent | ||
Fiscal year ended February 28, 2025 Fiscal year ended February 29, 2024 | Millions of yen 11,105 6,764 | % – – |
%
(Note) Core operating profit is Revenue less Cost of sales and Selling, general and administrative expenses.
Basic earnings per share | Diluted earnings per share | Profit ratio to equity attributable to owners of parent | Profit before tax / Total assets | Operating profit / Revenue | |
Fiscal year ended February 28, 2025 Fiscal year ended February 29, 2024 | Yen 319.17 187.37 | Yen 319.17 187.37 | % 13.6 8.2 | % 6.0 4.6 | % 7.4 5.9 |
Yen
Yen
% Reference: Share of profit (loss) of investments accounted for using equity method For the fiscal year ended February 28, 2025: (301) million yen
For the fiscal year ended February 29, 2024: (274) million yen
%
%
(Notes) 1. 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. Due to the change in the fiscal year-end, the fiscal year ended February 29, 2024 is an 11-month period from April 1, 2023 to February 29, 2024. Accordingly, the year-on-year changes are not presented.
(2) Consolidated financial position
Total assets | Total equity | Equity attributable to owners of parent | Ratio of equity attributable to owners of parent to total assets | Equity attributable to owners of parent per share | |
As of February 28, 2025 As of February 29, 2024 | Millions of yen 273,880 239,685 | Millions of yen 86,505 88,418 | Millions of yen 81,254 82,010 | % 29.7 34.2 | Yen 2,384.90 2,409.79 |
to owners of parent
Millions of yen Millions of yen Millions of yen
%
Yen
(3) Consolidated cash flows
Cash flows from operating activities | Cash flows from investing activities | Cash flows from financing activities | Period-end cash and cash equivalents | |
Fiscal year ended February 28, 2025 Fiscal year ended February 29, 2024 | Millions of yen 31,992 27,459 | Millions of yen (10,262) (1,961) | Millions of yen (20,755) (25,500) | Millions of yen 21,748 20,848 |
Millions of yen Millions of yen
2. Cash dividends
Annual dividends | |||||
First quarter-end | Second quarter-end | Third quarter-end | Fiscal year-end | Total | |
Fiscal year ended February 29, 2024 Fiscal year ended February 28, 2025 | Yen – – | Yen 26.00 37.00 | Yen – – | Yen 30.00 43.00 | Yen 56.00 80.00 |
Fiscal year ending February 28, 2026 (Forecast) | – | 49.00 | – | 57.00 | 106.00 |
Yen
Yen
Yen
Yen
Yen
Total cash dividends (Total) | Dividend payout ratio (Consolidated) | Equity attributable to owners of parent per share (Consolidated) | |
Fiscal year ended February 29, 2024 Fiscal year ended February 28, 2025 | Millions of yen 1,906 2,726 | % 29.9 25.1 | % 2.3 3.3 |
Fiscal year ending February 28, 2026 (Forecast) | 32.3 |
Millions of yen
%
% 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, 2026 (from March 1, 2025 to February 28, 2026)
(Percentages indicate year-on-year changes.)
Revenue | Core operating profit | Operating profit | Profit before tax | |||||
Six months ending August 31, 2025 Fiscal year ending February 28, 2026 | Millions of yen 144,600 300,000 | % 31.3 32.9 | Millions of yen 9,000 20,000 | % 12.0 17.6 | Millions of yen 8,700 19,500 | % 10.3 16.1 | Millions of yen 8,100 18,300 | % 10.2 18.0 |
%
Profit attributable to owners of parent | Basic earnings per share | ||
Six months ending August 31, 2025 Fiscal year ending February 28, 2026 | Millions of yen 5,100 11,200 | % 9.2 0.9 | Yen 149.69 328.73 |
% Yen
(Note) Core operating profit is Revenue less Cost of sales and Selling, general and administrative expenses.
* Notes
(1) Significant changes in the scope of consolidation during the period: Yes Newly included: 1 company (MC Fashion Co., Ltd.)
Excluded: –
(2) 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
(3) Number of issued shares (ordinary shares)
a. Total number of issued shares at the end of the period (including treasury shares)
As of February 28, 2025
34,390,965 shares
As of February 29, 2024
34,390,965 shares
b. Number of treasury shares at the end of the period
As of February 28, 2025
320,608 shares
As of February 29, 2024
358,808 shares
c. Average number of shares during the period
For the fiscal year ended February 28, 2025 | 34,059,054 shares |
For the fiscal year ended February 29, 2024 | 34,013,096 shares |
* Financial results reports are exempt from audit conducted by certified public accountants or an audit corporation.
* Proper use of earnings forecasts, and other special matters
(Caution regarding forward-looking statements 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 “(4) Forecasts” of “1. Review of operating results and others” of the attached material.