View Future GrowthWorld 과거 순이익 실적과거 기준 점검 3/6World은 연평균 64.9%의 비율로 수입이 증가해 온 반면, Specialty Retail 산업은 수입이 9.1% 증가했습니다. 매출은 연평균 9.2%의 비율로 증가했습니다. World의 자기자본이익률은 12.4%이고 순이익률은 4.2%입니다.핵심 정보64.92%순이익 성장률68.28%주당순이익(EPS) 성장률Specialty Retail 산업 성장률11.17%매출 성장률9.19%자기자본이익률12.39%순이익률4.23%다음 순이익 업데이트03 Jul 2026최근 과거 실적 업데이트공시 • May 23World Co., Ltd. to Report Q1, 2027 Results on Jul 03, 2026World Co., Ltd. announced that they will report Q1, 2027 results on Jul 03, 2026분석 기사 • Apr 11Concerns Surrounding World's (TSE:3612) PerformanceWorld Co., Ltd.'s ( TSE:3612 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...Reported Earnings • Apr 06Full year 2026 earnings released: EPS: JP¥343 (vs JP¥160 in FY 2025)Full year 2026 results: EPS: JP¥343 (up from JP¥160 in FY 2025). Revenue: JP¥284.0b (up 26% from FY 2025). Net income: JP¥12.0b (up 11% from FY 2025). Profit margin: 4.2% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.공시 • Apr 02World Co., Ltd. to Report Fiscal Year 2026 Results on Apr 03, 2026World Co., Ltd. announced that they will report fiscal year 2026 results on Apr 03, 2026공시 • Nov 05World Co., Ltd. to Report Q3, 2026 Results on Jan 07, 2026World Co., Ltd. announced that they will report Q3, 2026 results on Jan 07, 2026분석 기사 • Oct 10Investors Shouldn't Be Too Comfortable With World's (TSE:3612) EarningsWorld Co., Ltd. ( TSE:3612 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...모든 업데이트 보기Recent updates공시 • May 23World Co., Ltd. to Report Q1, 2027 Results on Jul 03, 2026World Co., Ltd. announced that they will report Q1, 2027 results on Jul 03, 2026분석 기사 • Apr 11Concerns Surrounding World's (TSE:3612) PerformanceWorld Co., Ltd.'s ( TSE:3612 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...Reported Earnings • Apr 06Full year 2026 earnings released: EPS: JP¥343 (vs JP¥160 in FY 2025)Full year 2026 results: EPS: JP¥343 (up from JP¥160 in FY 2025). Revenue: JP¥284.0b (up 26% from FY 2025). Net income: JP¥12.0b (up 11% from FY 2025). Profit margin: 4.2% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.공시 • Apr 03World Co., Ltd., Annual General Meeting, May 28, 2026World Co., Ltd., Annual General Meeting, May 28, 2026.공시 • Apr 02World Co., Ltd. to Report Fiscal Year 2026 Results on Apr 03, 2026World Co., Ltd. announced that they will report fiscal year 2026 results on Apr 03, 2026Price Target Changed • Mar 17Price target increased by 27% to JP¥1,900Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥1,482. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of JP¥169 for next year compared to JP¥160 last year.Board Change • Mar 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Ryo Oishi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.공시 • Mar 15World Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2026World Co., Ltd. revised consolidated earnings guidance for the fiscal year ending February 28, 2026. For the year, company expects Revenue for JPY 282,000 million, Core operating profit of JPY 16,400 million, Operating profit of JPY 16,000 million, Profit attributable to owners of parent of JPY 12,000 million as compared to the previous guidance of Revenue for JPY 300,000 million, Core operating profit of JPY 20,000 million, Operating profit of JPY 19,500 million, Profit attributable to owners of parent of JPY12,000 million . Reasons for the revision; The consolidated financial results for the fiscal year ended February 28, 2026 have shown a trend for profit increase in all the profit stages till the end of the first nine months for the fiscal year ended February 28, 2026, however, for the apparel brands continuously showing unfavorable results since the first six months, company recognized that it would be necessary to implement a profit structure reform preparing for the next Medium-Term Management Plan, and decided to change strategy to prioritize improvement in full-price sell-through rate and inventory optimization by strategically reducing procurement of winter clothes, ensuring thorough productivity improvement reallocation of human resources to other growing businesses. As a result, company have revised the forecast for the consolidated core operating profit downward, while the improvement in cash flow and in gross profit margin has shown a favorable progress toward the next fiscal year, as such an improvement could not compensate for the impact of the decrease in the revenue for the peak season including the period of year-end and new year sales in the fourth quarter, compared to the previous forecast.분석 기사 • Nov 20World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...공시 • Nov 14World Co., Ltd. (TSE:3612) entered into agreement to acquire 48.10% stake in RIGHT ON Co., Ltd. (TSE:7445) from a group of shareholders for ¥9.7 billion.World Co., Ltd. (TSE:3612) entered into agreement to acquire 48.10% stake in RIGHT ON Co., Ltd. (TSE:7445) from a group of shareholders for ¥9.7 billion on November 14, 2025. The consideration consists of ¥9.72 billion based on 3.42 million common equity of World Co., Ltd. at a ratio of 0.2 per common equity of RIGHT ON Co., Ltd. As part of consideration, ¥9.72 billion is paid towards common equity of RIGHT ON Co., Ltd. The transaction is subject to approval of offer by target shareholders. The Board of Directors of RIGHT ON Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is March 1, 2026. Kitahama Partners acted as legal advisor for RIGHT ON Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for World Co., Ltd. Nomura Securities Co., Ltd. acted as financial advisor for World Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as financial advisor for RIGHT ON Co., Ltd.분석 기사 • Nov 06World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd.'s ( TSE:3612 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on...Declared Dividend • Nov 06First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Nov 05World Co., Ltd. to Report Q3, 2026 Results on Jan 07, 2026World Co., Ltd. announced that they will report Q3, 2026 results on Jan 07, 2026분석 기사 • Oct 10Investors Shouldn't Be Too Comfortable With World's (TSE:3612) EarningsWorld Co., Ltd. ( TSE:3612 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Reported Earnings • Oct 04Second quarter 2026 earnings released: EPS: JP¥38.74 (vs JP¥73.14 in 2Q 2025)Second quarter 2026 results: EPS: JP¥38.74 (down from JP¥73.14 in 2Q 2025). Revenue: JP¥66.9b (up 14% from 2Q 2025). Net income: JP¥1.32b (down 47% from 2Q 2025). Profit margin: 2.0% (down from 4.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 21Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 05 November 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).분석 기사 • Aug 04World's (TSE:3612) Shareholders Will Receive A Bigger Dividend Than Last YearWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its periodic dividend on the 5th of November to...공시 • Jul 30World Co., Ltd. to Report Q2, 2026 Results on Oct 03, 2025World Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Oct 03, 2025분석 기사 • Jul 21World (TSE:3612) Is Increasing Its Dividend To ¥49.00The board of World Co., Ltd. ( TSE:3612 ) has announced that the dividend on 5th of November will be increased to...분석 기사 • Jul 07World (TSE:3612) Is Increasing Its Dividend To ¥49.00World Co., Ltd.'s ( TSE:3612 ) periodic dividend will be increasing on the 5th of November to ¥49.00, with investors...Reported Earnings • Jul 04First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: JP¥127. Net income: JP¥4.32b (up JP¥4.32b from 1Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • Jul 03+ 1 more updateWorld Co., Ltd. (TSE:3612) agreed to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) from a group of shareholders for ¥6.4 billion.World Co., Ltd. (TSE:3612) signed framework Agreement to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) on April 4, 2024. World Co., Ltd. (TSE:3612) signed Share Exchange Agreement to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) from a group of shareholders for ¥6.4 billion on July 3, 2025. World will allot and deliver 2.47 million shares i.e., 0.58 World shares per Narumiya Share. Upon completion, World Co., Ltd. will increase shareholdings from 59.7%(5.9 million shares) to 100% stake(9.8 million shares) in NARUMIYA INTERNATIONAL Co., Ltd. The Share Exchange Ratio is subject to change by mutual discussions and agreement between World and Narumiya. Prior to the effective date of the Share Exchange (scheduled for October 1, 2025), Narumiya’s common shares will be delisted from the Standard Market of the Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”) on September 29, 2025 (with the last trading date being September 26, 2025). The transaction is subject to approval of offer by NARUMIYA INTERNATIONAL's shareholders, and consummation of due diligence investigation have been completed. The Committee has approved the transaction. Narumiya established a special committee comprising of Koji Suzuki, Sakae Komiyama and Mika Yanagisawa, all of whom are Narumiya’s outside directors and none of whom has interests with World. The expected completion of the transaction is October 1, 2025. Mizuho Securities Co., Ltd. acted as financial advisor for World Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as financial advisor for NARUMIYA INTERNATIONAL Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as fairness opinion provider for NARUMIYA INTERNATIONAL Co., Ltd. Mizuho Securities Co., Ltd. acted as fairness opinion provider for World Co., Ltd. Nishimura & Asahi acted as legal advisor for World Co., Ltd. Oh-Ebashi LPC & Partners acted as legal advisor for NARUMIYA INTERNATIONAL Co., Ltd.분석 기사 • Jun 23World's (TSE:3612) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of World Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend by 32% on the 5th of...Declared Dividend • Jun 23Final dividend increased to JP¥49.00Dividend of JP¥49.00 is 32% higher than last year. Ex-date: 28th August 2025 Payment date: 5th November 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Jun 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.공시 • May 02World Co., Ltd. to Report Q1, 2026 Results on Jul 03, 2025World Co., Ltd. announced that they will report Q1, 2026 results on Jul 03, 2025분석 기사 • Apr 10The Strong Earnings Posted By World (TSE:3612) Are A Good Indication Of The Strength Of The BusinessEven though World Co., Ltd. ( TSE:3612 ) posted strong earnings, investors appeared to be underwhelmed. We have done...Reported Earnings • Apr 04Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥326 (up from JP¥178 in FY 2024). Revenue: JP¥225.7b (up 2.0% from FY 2024). Net income: JP¥11.1b (up 83% from FY 2024). Profit margin: 4.9% (up from 2.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.공시 • Apr 03World Co., Ltd., Annual General Meeting, May 27, 2025World Co., Ltd., Annual General Meeting, May 27, 2025.분석 기사 • Mar 12One World Co., Ltd. (TSE:3612) Analyst Just Lifted Their Revenue Forecasts By A Sizeable 22%Celebrations may be in order for World Co., Ltd. ( TSE:3612 ) shareholders, with the covering analyst delivering a...Upcoming Dividend • Feb 20Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 29 May 2025. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).분석 기사 • Feb 06World (TSE:3612) Has Announced That It Will Be Increasing Its Dividend To ¥43.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥43.00 on the 29th of...공시 • Feb 03World Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2025World Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 03, 2025분석 기사 • Jan 22World (TSE:3612) Is Increasing Its Dividend To ¥43.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥43.00 on the 29th of...New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).New Risk • Jan 09New major risk - Revenue and earnings growthEarnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).분석 기사 • Jan 08World's (TSE:3612) Dividend Will Be Increased To ¥38.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥38.00 on the 29th of...공시 • Jan 08+ 1 more updateWorld Co., Ltd. Revises Cash Dividend Guidance for the Fiscal Year Ending February 28, 2025World Co., Ltd. revised cash dividend guidance for the fiscal year ending February 28, 2025. For the period, the company expects to pay year-end cash dividend of JPY 43.00 per share compared to JPY 30.00 per share paid a year ago.분석 기사 • Dec 19World's (TSE:3612) Dividend Will Be Increased To ¥38.00World Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...New Risk • Dec 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).분석 기사 • Dec 05World (TSE:3612) Is Increasing Its Dividend To ¥38.00World Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,233, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Specialty Retail industry in Japan. Total returns to shareholders of 104% over the past three years.New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).공시 • Nov 27World Co., Ltd. to Report Q3, 2025 Results on Jan 08, 2025World Co., Ltd. announced that they will report Q3, 2025 results on Jan 08, 2025분석 기사 • Nov 21World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...분석 기사 • Nov 06World (TSE:3612) Is Paying Out A Larger Dividend Than Last YearWorld Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...Declared Dividend • Nov 06Final dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th February 2025 Payment date: 29th May 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.분석 기사 • Oct 06World (TSE:3612) Has Announced That It Will Be Increasing Its Dividend To ¥38.00World Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...Declared Dividend • Oct 05Dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th February 2025 Payment date: 29th May 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • Oct 05World Co., Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending February 28, 2025, Payable on November 5, 2024World Co., Ltd. Announced the dividend of JPY 37.00 per share for the second quarter of Fiscal year ending February 28, 2025, payable on November 5, 2024 against JPY 26.00 per share a year ago.공시 • Aug 06World Co., Ltd. to Report Q2, 2025 Results on Oct 03, 2024World Co., Ltd. announced that they will report Q2, 2025 results on Oct 03, 2024분석 기사 • Aug 05Calculating The Intrinsic Value Of World Co., Ltd. (TSE:3612)Key Insights World's estimated fair value is JP¥1,725 based on Dividend Discount Model Current share price of JP¥1,815...New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,815, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years.Board Change • Jul 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hayuru Tsutsumi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Jun 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥190 (up from JP¥153 in FY 2023). Revenue: JP¥221.3b (up 3.3% from FY 2023). Net income: JP¥6.45b (up 24% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 6.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공시 • May 27World Co., Ltd. to Report Q1, 2025 Results on Jul 03, 2024World Co., Ltd. announced that they will report Q1, 2025 results on Jul 03, 2024분석 기사 • Apr 10We Think World's (TSE:3612) Robust Earnings Are ConservativeEven though World Co., Ltd.'s ( TSE:3612 ) recent earnings release was robust, the market didn't seem to notice. We...Reported Earnings • Apr 06Full year 2024 earnings released: EPS: JP¥190 (vs JP¥153 in FY 2023)Full year 2024 results: EPS: JP¥190 (up from JP¥153 in FY 2023). Revenue: JP¥221.3b (up 3.3% from FY 2023). Net income: JP¥6.45b (up 24% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.공시 • Apr 04+ 3 more updatesWorld Co., Ltd. Reports Special Dividend for the Fiscal Year Ending February 29, 2024, Payable on May 29, 2024World Co., Ltd. Reported special Dividend for the Fiscal Year Ending February 29, 2024, Payable on May 29, 2024. For the period, company reports dividend of JPY 5.00 per share.공시 • Apr 03World Co., Ltd., Annual General Meeting, May 28, 2024World Co., Ltd., Annual General Meeting, May 28, 2024.Upcoming Dividend • Feb 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Feb 12World Co., Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2024World Co., Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2024Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥143 (vs JP¥126 in 3Q 2023)Third quarter 2024 results: EPS: JP¥143 (up from JP¥126 in 3Q 2023). Revenue: JP¥62.4b (up 2.8% from 3Q 2023). Net income: JP¥4.85b (up 13% from 3Q 2023). Profit margin: 7.8% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.공시 • Feb 06World Co., Ltd. Provides Commemorative Dividend Guidance for the Fiscal Year Ending February 29, 2024World Co., Ltd. provided commemorative dividend guidance of JPY 5.00 per share for the fiscal year ending February 29, 2024.공시 • Feb 05+ 1 more updateWorld Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024World Co., Ltd. provides dividend guidance for the fiscal year ending February 29, 2024. For the year-end, company expects dividend of JPY 25.00 per share compared to JPY 35.00 per share a year ago.공시 • Dec 06World Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024World Co., Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024New Risk • Nov 08New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks High level of debt (71% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥0.53 (vs JP¥29.21 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥0.53 (up from JP¥29.21 loss in 2Q 2023). Revenue: JP¥49.6b (up 7.4% from 2Q 2023). Net income: JP¥18.0m (up JP¥1.01b from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Board Change • Sep 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Outside Independent Director Hidehiko Aoki was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 21Upcoming dividend of JP¥26.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).공시 • Aug 26World Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023World Co., Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥98.79 (vs JP¥83.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥98.79 (up from JP¥83.44 in 1Q 2023). Revenue: JP¥53.4b (up 5.7% from 1Q 2023). Net income: JP¥3.36b (up 19% from 1Q 2023). Profit margin: 6.3% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Jun 14World Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023World Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023Reported Earnings • May 09Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥168 (up from JP¥7.79 loss in FY 2022). Revenue: JP¥214.2b (up 25% from FY 2022). Net income: JP¥5.69b (up JP¥5.95b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공시 • May 09+ 2 more updatesWorld Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2024World Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal year ending March 31, 2024. For the six months, the company expects revenue of JPY 102,500 million, operating profit of JPY 5,100 million, profit of JPY 2,982 million and basic earnings per share of JPY 79.42. For the full year, the company expects revenue of JPY 200,100 million, operating profit of JPY 11,000 million, profit of JPY 6,432 million and basic earnings per share of JPY 155.94.공시 • May 08World Co., Ltd., Annual General Meeting, Jun 23, 2023World Co., Ltd., Annual General Meeting, Jun 23, 2023.Major Estimate Revision • Mar 23Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥210.0b to JP¥216.0b. EPS estimate fell from JP¥165 to JP¥148 per share. Net income forecast to grow 135% next year vs 3.6% growth forecast for Specialty Retail industry in Japan. Consensus price target up from JP¥2,000 to JP¥2,200. Share price was steady at JP¥1,422 over the past week.Price Target Changed • Mar 22Price target increased by 16% to JP¥2,200Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 57% above last closing price of JP¥1,402. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥148 next year compared to a net loss per share of JP¥7.79 last year.Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥130 (vs JP¥130 in 3Q 2022)Third quarter 2023 results: EPS: JP¥130 (up from JP¥130 in 3Q 2022). Revenue: JP¥60.7b (up 24% from 3Q 2022). Net income: JP¥4.42b (flat on 3Q 2022). Profit margin: 7.3% (down from 9.0% in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.공시 • Feb 03+ 1 more updateWorld Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023World Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 35 per share.Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. President, Representative Managing Executive Officer & Director Nobuteru Suzuki was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Dec 04World Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023World Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥21.79 loss per share (vs JP¥82.07 loss in 2Q 2022)Second quarter 2023 results: JP¥21.79 loss per share (improved from JP¥82.07 loss in 2Q 2022). Revenue: JP¥46.2b (up 26% from 2Q 2022). Net loss: JP¥740.0m (loss narrowed 73% from 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 09Second quarter 2023 earnings released: JP¥18.11 loss per share (vs JP¥82.07 loss in 2Q 2022)Second quarter 2023 results: JP¥18.11 loss per share (improved from JP¥82.07 loss in 2Q 2022). Revenue: JP¥46.2b (up 26% from 2Q 2022). Net loss: JP¥615.0m (loss narrowed 78% from 2Q 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.공시 • Nov 08World Co., Ltd. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2023World Co., Ltd. provided consolidated earnings forecasts for the fiscal year ending March 31, 2023. For the year the company expects the Revenue of JPY 212,000 million, core operating profit of JPY 12,500 million, Operating profit of JPY 10,900 million, Profit attributable to owners of parent of JPY 5,500 million, Basic earnings per share of JPY 147.72.공시 • Nov 07World Co., Ltd. Announces Dividend for Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 5, 2022; Provides Dividend Guidance for Full Year Ending Fiscal Year Ending March 31, 2023World Co., Ltd. announced the dividend for the second quarter of fiscal year ending March 31, 2023 of JPY 13.00 per share. Payable on December 5, 2022. For the full year ending fiscal year ending March 31, 2023 the company expects the dividend of JPY 35 per share against JPY 27 per share a year ago.공시 • Aug 31World Co., Ltd. to Report Q2, 2023 Results on Nov 07, 2022World Co., Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022Reported Earnings • Aug 04First quarter 2023 earnings released: EPS: JP¥83.44 (vs JP¥38.88 in 1Q 2022)First quarter 2023 results: EPS: JP¥83.44 (up from JP¥38.88 in 1Q 2022). Revenue: JP¥50.5b (up 25% from 1Q 2022). Net income: JP¥2.82b (up 116% from 1Q 2022). Profit margin: 5.6% (up from 3.2% in 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • May 29World Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022World Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥7.08 (up from JP¥511 loss in FY 2021). Revenue: JP¥171.3b (down 5.0% from FY 2021). Net income: JP¥239.0m (up JP¥17.4b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 188%. Over the next year, revenue is forecast to grow 32%, compared to a 7.4% growth forecast for the retail industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.매출 및 비용 세부 내역World가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TSE:3612 매출, 비용 및 순이익 (JPY Millions)날짜매출순이익일반관리비연구개발비28 Feb 26284,01412,013104,390030 Nov 25266,56012,237101,301031 Aug 25252,46111,985100,225031 May 25237,27111,17799,506028 Feb 25225,65810,87098,514029 Feb 24221,2806,06093,611031 Dec 23222,2356,82697,388030 Sep 23220,5646,34996,566030 Jun 23217,1325,59194,849031 Mar 23214,2465,18493,346031 Dec 22202,5452,94590,074030 Sep 22190,7613,03185,094030 Jun 22181,3431,25181,103031 Mar 22171,344-26377,948031 Dec 21173,704-6,41577,417030 Sep 21178,577-7,50981,706030 Jun 21187,860-13,43186,833031 Mar 21180,322-17,15085,365031 Dec 20186,611-11,64489,661030 Sep 20197,663-9,05792,787030 Jun 20209,269-93997,146031 Mar 20236,2658,038106,363031 Dec 19246,15811,936121,234030 Sep 19250,36311,879123,065030 Jun 19248,87311,792122,223031 Mar 19249,8619,200122,488031 Mar 18245,8296,743128,965031 Mar 17249,9838,150131,7520양질의 수익: 3612는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 3612의 현재 순 이익률 (4.2%)은 지난해 (4.8%)보다 낮습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 3612는 지난 5년 동안 흑자전환하며 연평균 64.9%의 수익 성장을 기록했습니다.성장 가속화: 지난 1년간 3612 의 수익 증가율(10.5%)은 5년 평균(연간 64.9%)보다 낮습니다.수익 대 산업: 3612의 지난 1년 수익 증가율(10.5%)은 Specialty Retail 업계의 6.7%를 상회했습니다.자기자본이익률높은 ROE: 3612의 자본 수익률(12.4%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YRetail 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/05 13:59종가2026/06/05 00:00수익2026/02/28연간 수익2026/02/28데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스World Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Toshio TakahashiMizuho Securities Co., Ltd.Hidehiko AokiNomura Securities Co. Ltd.
공시 • May 23World Co., Ltd. to Report Q1, 2027 Results on Jul 03, 2026World Co., Ltd. announced that they will report Q1, 2027 results on Jul 03, 2026
분석 기사 • Apr 11Concerns Surrounding World's (TSE:3612) PerformanceWorld Co., Ltd.'s ( TSE:3612 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...
Reported Earnings • Apr 06Full year 2026 earnings released: EPS: JP¥343 (vs JP¥160 in FY 2025)Full year 2026 results: EPS: JP¥343 (up from JP¥160 in FY 2025). Revenue: JP¥284.0b (up 26% from FY 2025). Net income: JP¥12.0b (up 11% from FY 2025). Profit margin: 4.2% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
공시 • Apr 02World Co., Ltd. to Report Fiscal Year 2026 Results on Apr 03, 2026World Co., Ltd. announced that they will report fiscal year 2026 results on Apr 03, 2026
공시 • Nov 05World Co., Ltd. to Report Q3, 2026 Results on Jan 07, 2026World Co., Ltd. announced that they will report Q3, 2026 results on Jan 07, 2026
분석 기사 • Oct 10Investors Shouldn't Be Too Comfortable With World's (TSE:3612) EarningsWorld Co., Ltd. ( TSE:3612 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
공시 • May 23World Co., Ltd. to Report Q1, 2027 Results on Jul 03, 2026World Co., Ltd. announced that they will report Q1, 2027 results on Jul 03, 2026
분석 기사 • Apr 11Concerns Surrounding World's (TSE:3612) PerformanceWorld Co., Ltd.'s ( TSE:3612 ) robust recent earnings didn't do much to move the stock. We believe that shareholders...
Reported Earnings • Apr 06Full year 2026 earnings released: EPS: JP¥343 (vs JP¥160 in FY 2025)Full year 2026 results: EPS: JP¥343 (up from JP¥160 in FY 2025). Revenue: JP¥284.0b (up 26% from FY 2025). Net income: JP¥12.0b (up 11% from FY 2025). Profit margin: 4.2% (down from 4.8% in FY 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
공시 • Apr 03World Co., Ltd., Annual General Meeting, May 28, 2026World Co., Ltd., Annual General Meeting, May 28, 2026.
공시 • Apr 02World Co., Ltd. to Report Fiscal Year 2026 Results on Apr 03, 2026World Co., Ltd. announced that they will report fiscal year 2026 results on Apr 03, 2026
Price Target Changed • Mar 17Price target increased by 27% to JP¥1,900Up from JP¥1,500, the current price target is provided by 1 analyst. New target price is 28% above last closing price of JP¥1,482. Stock is up 8.9% over the past year. The company is forecast to post earnings per share of JP¥169 for next year compared to JP¥160 last year.
Board Change • Mar 17High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Independent Outside Director Ryo Oishi was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
공시 • Mar 15World Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2026World Co., Ltd. revised consolidated earnings guidance for the fiscal year ending February 28, 2026. For the year, company expects Revenue for JPY 282,000 million, Core operating profit of JPY 16,400 million, Operating profit of JPY 16,000 million, Profit attributable to owners of parent of JPY 12,000 million as compared to the previous guidance of Revenue for JPY 300,000 million, Core operating profit of JPY 20,000 million, Operating profit of JPY 19,500 million, Profit attributable to owners of parent of JPY12,000 million . Reasons for the revision; The consolidated financial results for the fiscal year ended February 28, 2026 have shown a trend for profit increase in all the profit stages till the end of the first nine months for the fiscal year ended February 28, 2026, however, for the apparel brands continuously showing unfavorable results since the first six months, company recognized that it would be necessary to implement a profit structure reform preparing for the next Medium-Term Management Plan, and decided to change strategy to prioritize improvement in full-price sell-through rate and inventory optimization by strategically reducing procurement of winter clothes, ensuring thorough productivity improvement reallocation of human resources to other growing businesses. As a result, company have revised the forecast for the consolidated core operating profit downward, while the improvement in cash flow and in gross profit margin has shown a favorable progress toward the next fiscal year, as such an improvement could not compensate for the impact of the decrease in the revenue for the peak season including the period of year-end and new year sales in the fourth quarter, compared to the previous forecast.
분석 기사 • Nov 20World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...
공시 • Nov 14World Co., Ltd. (TSE:3612) entered into agreement to acquire 48.10% stake in RIGHT ON Co., Ltd. (TSE:7445) from a group of shareholders for ¥9.7 billion.World Co., Ltd. (TSE:3612) entered into agreement to acquire 48.10% stake in RIGHT ON Co., Ltd. (TSE:7445) from a group of shareholders for ¥9.7 billion on November 14, 2025. The consideration consists of ¥9.72 billion based on 3.42 million common equity of World Co., Ltd. at a ratio of 0.2 per common equity of RIGHT ON Co., Ltd. As part of consideration, ¥9.72 billion is paid towards common equity of RIGHT ON Co., Ltd. The transaction is subject to approval of offer by target shareholders. The Board of Directors of RIGHT ON Co., Ltd. formed a special committee for the transaction. The expected completion of the transaction is March 1, 2026. Kitahama Partners acted as legal advisor for RIGHT ON Co., Ltd. Anderson Mori & Tomotsune acted as legal advisor for World Co., Ltd. Nomura Securities Co., Ltd. acted as financial advisor for World Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as financial advisor for RIGHT ON Co., Ltd.
분석 기사 • Nov 06World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd.'s ( TSE:3612 ) dividend will be increasing from last year's payment of the same period to ¥60.00 on...
Declared Dividend • Nov 06First half dividend of JP¥60.00 announcedShareholders will receive a dividend of JP¥60.00. Ex-date: 26th February 2026 Payment date: 28th May 2026 Dividend yield will be 4.0%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 9.7% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Nov 05World Co., Ltd. to Report Q3, 2026 Results on Jan 07, 2026World Co., Ltd. announced that they will report Q3, 2026 results on Jan 07, 2026
분석 기사 • Oct 10Investors Shouldn't Be Too Comfortable With World's (TSE:3612) EarningsWorld Co., Ltd. ( TSE:3612 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...
Reported Earnings • Oct 04Second quarter 2026 earnings released: EPS: JP¥38.74 (vs JP¥73.14 in 2Q 2025)Second quarter 2026 results: EPS: JP¥38.74 (down from JP¥73.14 in 2Q 2025). Revenue: JP¥66.9b (up 14% from 2Q 2025). Net income: JP¥1.32b (down 47% from 2Q 2025). Profit margin: 2.0% (down from 4.3% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 21Upcoming dividend of JP¥49.00 per shareEligible shareholders must have bought the stock before 28 August 2025. Payment date: 05 November 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.5%).
분석 기사 • Aug 04World's (TSE:3612) Shareholders Will Receive A Bigger Dividend Than Last YearWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its periodic dividend on the 5th of November to...
공시 • Jul 30World Co., Ltd. to Report Q2, 2026 Results on Oct 03, 2025World Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Oct 03, 2025
분석 기사 • Jul 21World (TSE:3612) Is Increasing Its Dividend To ¥49.00The board of World Co., Ltd. ( TSE:3612 ) has announced that the dividend on 5th of November will be increased to...
분석 기사 • Jul 07World (TSE:3612) Is Increasing Its Dividend To ¥49.00World Co., Ltd.'s ( TSE:3612 ) periodic dividend will be increasing on the 5th of November to ¥49.00, with investors...
Reported Earnings • Jul 04First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: JP¥127. Net income: JP¥4.32b (up JP¥4.32b from 1Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • Jul 03+ 1 more updateWorld Co., Ltd. (TSE:3612) agreed to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) from a group of shareholders for ¥6.4 billion.World Co., Ltd. (TSE:3612) signed framework Agreement to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) on April 4, 2024. World Co., Ltd. (TSE:3612) signed Share Exchange Agreement to acquire remaining 40.23% stake in NARUMIYA INTERNATIONAL Co., Ltd. (TSE:9275) from a group of shareholders for ¥6.4 billion on July 3, 2025. World will allot and deliver 2.47 million shares i.e., 0.58 World shares per Narumiya Share. Upon completion, World Co., Ltd. will increase shareholdings from 59.7%(5.9 million shares) to 100% stake(9.8 million shares) in NARUMIYA INTERNATIONAL Co., Ltd. The Share Exchange Ratio is subject to change by mutual discussions and agreement between World and Narumiya. Prior to the effective date of the Share Exchange (scheduled for October 1, 2025), Narumiya’s common shares will be delisted from the Standard Market of the Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”) on September 29, 2025 (with the last trading date being September 26, 2025). The transaction is subject to approval of offer by NARUMIYA INTERNATIONAL's shareholders, and consummation of due diligence investigation have been completed. The Committee has approved the transaction. Narumiya established a special committee comprising of Koji Suzuki, Sakae Komiyama and Mika Yanagisawa, all of whom are Narumiya’s outside directors and none of whom has interests with World. The expected completion of the transaction is October 1, 2025. Mizuho Securities Co., Ltd. acted as financial advisor for World Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as financial advisor for NARUMIYA INTERNATIONAL Co., Ltd. Maxus Corporate Advisory Co., Ltd. acted as fairness opinion provider for NARUMIYA INTERNATIONAL Co., Ltd. Mizuho Securities Co., Ltd. acted as fairness opinion provider for World Co., Ltd. Nishimura & Asahi acted as legal advisor for World Co., Ltd. Oh-Ebashi LPC & Partners acted as legal advisor for NARUMIYA INTERNATIONAL Co., Ltd.
분석 기사 • Jun 23World's (TSE:3612) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of World Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend by 32% on the 5th of...
Declared Dividend • Jun 23Final dividend increased to JP¥49.00Dividend of JP¥49.00 is 32% higher than last year. Ex-date: 28th August 2025 Payment date: 5th November 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 2.5% per year over the past 6 years. However, payments have been volatile during that time. EPS is expected to grow by 48% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Jun 03New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (75% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • May 02World Co., Ltd. to Report Q1, 2026 Results on Jul 03, 2025World Co., Ltd. announced that they will report Q1, 2026 results on Jul 03, 2025
분석 기사 • Apr 10The Strong Earnings Posted By World (TSE:3612) Are A Good Indication Of The Strength Of The BusinessEven though World Co., Ltd. ( TSE:3612 ) posted strong earnings, investors appeared to be underwhelmed. We have done...
Reported Earnings • Apr 04Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: JP¥326 (up from JP¥178 in FY 2024). Revenue: JP¥225.7b (up 2.0% from FY 2024). Net income: JP¥11.1b (up 83% from FY 2024). Profit margin: 4.9% (up from 2.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
공시 • Apr 03World Co., Ltd., Annual General Meeting, May 27, 2025World Co., Ltd., Annual General Meeting, May 27, 2025.
분석 기사 • Mar 12One World Co., Ltd. (TSE:3612) Analyst Just Lifted Their Revenue Forecasts By A Sizeable 22%Celebrations may be in order for World Co., Ltd. ( TSE:3612 ) shareholders, with the covering analyst delivering a...
Upcoming Dividend • Feb 20Upcoming dividend of JP¥43.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 29 May 2025. Trailing yield: 3.4%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.4%).
분석 기사 • Feb 06World (TSE:3612) Has Announced That It Will Be Increasing Its Dividend To ¥43.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥43.00 on the 29th of...
공시 • Feb 03World Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2025World Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 03, 2025
분석 기사 • Jan 22World (TSE:3612) Is Increasing Its Dividend To ¥43.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥43.00 on the 29th of...
New Risk • Jan 12New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).
New Risk • Jan 09New major risk - Revenue and earnings growthEarnings have declined by 2.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.6% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.2% average weekly change).
분석 기사 • Jan 08World's (TSE:3612) Dividend Will Be Increased To ¥38.00The board of World Co., Ltd. ( TSE:3612 ) has announced that it will be paying its dividend of ¥38.00 on the 29th of...
공시 • Jan 08+ 1 more updateWorld Co., Ltd. Revises Cash Dividend Guidance for the Fiscal Year Ending February 28, 2025World Co., Ltd. revised cash dividend guidance for the fiscal year ending February 28, 2025. For the period, the company expects to pay year-end cash dividend of JPY 43.00 per share compared to JPY 30.00 per share paid a year ago.
분석 기사 • Dec 19World's (TSE:3612) Dividend Will Be Increased To ¥38.00World Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...
New Risk • Dec 14New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended February 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Latest financial reports are more than 6 months old (reported February 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
분석 기사 • Dec 05World (TSE:3612) Is Increasing Its Dividend To ¥38.00World Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to JP¥2,233, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Specialty Retail industry in Japan. Total returns to shareholders of 104% over the past three years.
New Risk • Nov 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.3% average weekly change).
공시 • Nov 27World Co., Ltd. to Report Q3, 2025 Results on Jan 08, 2025World Co., Ltd. announced that they will report Q3, 2025 results on Jan 08, 2025
분석 기사 • Nov 21World's (TSE:3612) Upcoming Dividend Will Be Larger Than Last Year'sWorld Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...
분석 기사 • Nov 06World (TSE:3612) Is Paying Out A Larger Dividend Than Last YearWorld Co., Ltd. ( TSE:3612 ) will increase its dividend from last year's comparable payment on the 29th of May to...
Declared Dividend • Nov 06Final dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th February 2025 Payment date: 29th May 2025 Dividend yield will be 3.9%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
분석 기사 • Oct 06World (TSE:3612) Has Announced That It Will Be Increasing Its Dividend To ¥38.00World Co., Ltd. ( TSE:3612 ) has announced that it will be increasing its dividend from last year's comparable payment...
Declared Dividend • Oct 05Dividend of JP¥38.00 announcedShareholders will receive a dividend of JP¥38.00. Ex-date: 27th February 2025 Payment date: 29th May 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 1.7% per year over the past 5 years. However, payments have been volatile during that time. EPS is expected to grow by 90% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • Oct 05World Co., Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending February 28, 2025, Payable on November 5, 2024World Co., Ltd. Announced the dividend of JPY 37.00 per share for the second quarter of Fiscal year ending February 28, 2025, payable on November 5, 2024 against JPY 26.00 per share a year ago.
공시 • Aug 06World Co., Ltd. to Report Q2, 2025 Results on Oct 03, 2024World Co., Ltd. announced that they will report Q2, 2025 results on Oct 03, 2024
분석 기사 • Aug 05Calculating The Intrinsic Value Of World Co., Ltd. (TSE:3612)Key Insights World's estimated fair value is JP¥1,725 based on Dividend Discount Model Current share price of JP¥1,815...
New Risk • Aug 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (60% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to JP¥1,815, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 12x in the Specialty Retail industry in Japan. Total returns to shareholders of 48% over the past three years.
Board Change • Jul 18High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Outside Director Hayuru Tsutsumi was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jun 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: JP¥190 (up from JP¥153 in FY 2023). Revenue: JP¥221.3b (up 3.3% from FY 2023). Net income: JP¥6.45b (up 24% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 6.4%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공시 • May 27World Co., Ltd. to Report Q1, 2025 Results on Jul 03, 2024World Co., Ltd. announced that they will report Q1, 2025 results on Jul 03, 2024
분석 기사 • Apr 10We Think World's (TSE:3612) Robust Earnings Are ConservativeEven though World Co., Ltd.'s ( TSE:3612 ) recent earnings release was robust, the market didn't seem to notice. We...
Reported Earnings • Apr 06Full year 2024 earnings released: EPS: JP¥190 (vs JP¥153 in FY 2023)Full year 2024 results: EPS: JP¥190 (up from JP¥153 in FY 2023). Revenue: JP¥221.3b (up 3.3% from FY 2023). Net income: JP¥6.45b (up 24% from FY 2023). Profit margin: 2.9% (up from 2.4% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
공시 • Apr 04+ 3 more updatesWorld Co., Ltd. Reports Special Dividend for the Fiscal Year Ending February 29, 2024, Payable on May 29, 2024World Co., Ltd. Reported special Dividend for the Fiscal Year Ending February 29, 2024, Payable on May 29, 2024. For the period, company reports dividend of JPY 5.00 per share.
공시 • Apr 03World Co., Ltd., Annual General Meeting, May 28, 2024World Co., Ltd., Annual General Meeting, May 28, 2024.
Upcoming Dividend • Feb 21Upcoming dividend of JP¥30.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 26 June 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Feb 12World Co., Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2024World Co., Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2024
Reported Earnings • Feb 08Third quarter 2024 earnings released: EPS: JP¥143 (vs JP¥126 in 3Q 2023)Third quarter 2024 results: EPS: JP¥143 (up from JP¥126 in 3Q 2023). Revenue: JP¥62.4b (up 2.8% from 3Q 2023). Net income: JP¥4.85b (up 13% from 3Q 2023). Profit margin: 7.8% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
공시 • Feb 06World Co., Ltd. Provides Commemorative Dividend Guidance for the Fiscal Year Ending February 29, 2024World Co., Ltd. provided commemorative dividend guidance of JPY 5.00 per share for the fiscal year ending February 29, 2024.
공시 • Feb 05+ 1 more updateWorld Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending February 29, 2024World Co., Ltd. provides dividend guidance for the fiscal year ending February 29, 2024. For the year-end, company expects dividend of JPY 25.00 per share compared to JPY 35.00 per share a year ago.
공시 • Dec 06World Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024World Co., Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024
New Risk • Nov 08New major risk - Revenue and earnings growthEarnings have declined by 13% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks High level of debt (71% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 07Second quarter 2024 earnings released: EPS: JP¥0.53 (vs JP¥29.21 loss in 2Q 2023)Second quarter 2024 results: EPS: JP¥0.53 (up from JP¥29.21 loss in 2Q 2023). Revenue: JP¥49.6b (up 7.4% from 2Q 2023). Net income: JP¥18.0m (up JP¥1.01b from 2Q 2023). Profit margin: 0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Board Change • Sep 21Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Outside Independent Director Hidehiko Aoki was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥26.00 per share at 3.1% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 05 December 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.4%).
공시 • Aug 26World Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023World Co., Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023
Reported Earnings • Aug 04First quarter 2024 earnings released: EPS: JP¥98.79 (vs JP¥83.44 in 1Q 2023)First quarter 2024 results: EPS: JP¥98.79 (up from JP¥83.44 in 1Q 2023). Revenue: JP¥53.4b (up 5.7% from 1Q 2023). Net income: JP¥3.36b (up 19% from 1Q 2023). Profit margin: 6.3% (up from 5.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Jun 14World Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023World Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023
Reported Earnings • May 09Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: JP¥168 (up from JP¥7.79 loss in FY 2022). Revenue: JP¥214.2b (up 25% from FY 2022). Net income: JP¥5.69b (up JP¥5.95b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.5%. Revenue is forecast to grow 4.7% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공시 • May 09+ 2 more updatesWorld Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months and Full Year of Fiscal Year Ending March 31, 2024World Co., Ltd. provided consolidated earnings guidance for the six months and full year of fiscal year ending March 31, 2024. For the six months, the company expects revenue of JPY 102,500 million, operating profit of JPY 5,100 million, profit of JPY 2,982 million and basic earnings per share of JPY 79.42. For the full year, the company expects revenue of JPY 200,100 million, operating profit of JPY 11,000 million, profit of JPY 6,432 million and basic earnings per share of JPY 155.94.
공시 • May 08World Co., Ltd., Annual General Meeting, Jun 23, 2023World Co., Ltd., Annual General Meeting, Jun 23, 2023.
Major Estimate Revision • Mar 23Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from JP¥210.0b to JP¥216.0b. EPS estimate fell from JP¥165 to JP¥148 per share. Net income forecast to grow 135% next year vs 3.6% growth forecast for Specialty Retail industry in Japan. Consensus price target up from JP¥2,000 to JP¥2,200. Share price was steady at JP¥1,422 over the past week.
Price Target Changed • Mar 22Price target increased by 16% to JP¥2,200Up from JP¥1,900, the current price target is provided by 1 analyst. New target price is 57% above last closing price of JP¥1,402. Stock is up 15% over the past year. The company is forecast to post earnings per share of JP¥148 next year compared to a net loss per share of JP¥7.79 last year.
Reported Earnings • Feb 04Third quarter 2023 earnings released: EPS: JP¥130 (vs JP¥130 in 3Q 2022)Third quarter 2023 results: EPS: JP¥130 (up from JP¥130 in 3Q 2022). Revenue: JP¥60.7b (up 24% from 3Q 2022). Net income: JP¥4.42b (flat on 3Q 2022). Profit margin: 7.3% (down from 9.0% in 3Q 2022). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings.
공시 • Feb 03+ 1 more updateWorld Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2023World Co., Ltd. provided dividend guidance for the fiscal year ending March 31, 2023. For the year, the company expects to pay dividend of JPY 35 per share.
Board Change • Feb 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. President, Representative Managing Executive Officer & Director Nobuteru Suzuki was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Dec 04World Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023World Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023
Reported Earnings • Nov 16Second quarter 2023 earnings released: JP¥21.79 loss per share (vs JP¥82.07 loss in 2Q 2022)Second quarter 2023 results: JP¥21.79 loss per share (improved from JP¥82.07 loss in 2Q 2022). Revenue: JP¥46.2b (up 26% from 2Q 2022). Net loss: JP¥740.0m (loss narrowed 73% from 2Q 2022). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 09Second quarter 2023 earnings released: JP¥18.11 loss per share (vs JP¥82.07 loss in 2Q 2022)Second quarter 2023 results: JP¥18.11 loss per share (improved from JP¥82.07 loss in 2Q 2022). Revenue: JP¥46.2b (up 26% from 2Q 2022). Net loss: JP¥615.0m (loss narrowed 78% from 2Q 2022). Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
공시 • Nov 08World Co., Ltd. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2023World Co., Ltd. provided consolidated earnings forecasts for the fiscal year ending March 31, 2023. For the year the company expects the Revenue of JPY 212,000 million, core operating profit of JPY 12,500 million, Operating profit of JPY 10,900 million, Profit attributable to owners of parent of JPY 5,500 million, Basic earnings per share of JPY 147.72.
공시 • Nov 07World Co., Ltd. Announces Dividend for Second Quarter of Fiscal Year Ending March 31, 2023, Payable on December 5, 2022; Provides Dividend Guidance for Full Year Ending Fiscal Year Ending March 31, 2023World Co., Ltd. announced the dividend for the second quarter of fiscal year ending March 31, 2023 of JPY 13.00 per share. Payable on December 5, 2022. For the full year ending fiscal year ending March 31, 2023 the company expects the dividend of JPY 35 per share against JPY 27 per share a year ago.
공시 • Aug 31World Co., Ltd. to Report Q2, 2023 Results on Nov 07, 2022World Co., Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022
Reported Earnings • Aug 04First quarter 2023 earnings released: EPS: JP¥83.44 (vs JP¥38.88 in 1Q 2022)First quarter 2023 results: EPS: JP¥83.44 (up from JP¥38.88 in 1Q 2022). Revenue: JP¥50.5b (up 25% from 1Q 2022). Net income: JP¥2.82b (up 116% from 1Q 2022). Profit margin: 5.6% (up from 3.2% in 1Q 2022). Over the next year, revenue is forecast to grow 19%, compared to a 7.8% growth forecast for the industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • May 29World Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022World Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022
Reported Earnings • May 11Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥7.08 (up from JP¥511 loss in FY 2021). Revenue: JP¥171.3b (down 5.0% from FY 2021). Net income: JP¥239.0m (up JP¥17.4b from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) also missed analyst estimates by 188%. Over the next year, revenue is forecast to grow 32%, compared to a 7.4% growth forecast for the retail industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.