Declared Dividend • Jun 12
Final dividend of JP¥31.00 announced Shareholders will receive a dividend of JP¥31.00. Ex-date: 28th August 2026 Payment date: 5th November 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 (32% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 9.9% per year over the past 7 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Duyuru • May 23
World Co., Ltd. to Report Q1, 2027 Results on Jul 03, 2026 World Co., Ltd. announced that they will report Q1, 2027 results on Jul 03, 2026 Reported Earnings • Apr 06
Full 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. Duyuru • Apr 03
World Co., Ltd., Annual General Meeting, May 28, 2026 World Co., Ltd., Annual General Meeting, May 28, 2026. Duyuru • Apr 02
World Co., Ltd. to Report Fiscal Year 2026 Results on Apr 03, 2026 World Co., Ltd. announced that they will report fiscal year 2026 results on Apr 03, 2026 Price Target Changed • Mar 17
Price target increased by 27% to JP¥1,900 Up 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 17
High number of new directors There 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. Duyuru • Mar 15
World Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending February 28, 2026 World 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. Duyuru • Nov 14
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. 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. Declared Dividend • Nov 06
First half dividend of JP¥60.00 announced Shareholders 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. Duyuru • Nov 05
World Co., Ltd. to Report Q3, 2026 Results on Jan 07, 2026 World Co., Ltd. announced that they will report Q3, 2026 results on Jan 07, 2026 Reported Earnings • Oct 04
Second 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 21
Upcoming dividend of JP¥49.00 per share Eligible 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%). Duyuru • Jul 30
World Co., Ltd. to Report Q2, 2026 Results on Oct 03, 2025 World Co., Ltd. announced that they will report Q2, 2026 results at 9:00 AM, Tokyo Standard Time on Oct 03, 2025 Reported Earnings • Jul 04
First quarter 2026 earnings released First 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. Declared Dividend • Jun 23
Final dividend increased to JP¥49.00 Dividend 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 03
New minor risk - Earnings quality The 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. Duyuru • May 02
World Co., Ltd. to Report Q1, 2026 Results on Jul 03, 2025 World Co., Ltd. announced that they will report Q1, 2026 results on Jul 03, 2025 Reported Earnings • Apr 04
Full year 2025 earnings: Revenues and EPS in line with analyst expectations Full 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. Duyuru • Apr 03
World Co., Ltd., Annual General Meeting, May 27, 2025 World Co., Ltd., Annual General Meeting, May 27, 2025. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥43.00 per share Eligible 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%). Duyuru • Feb 03
World Co., Ltd. to Report Fiscal Year 2025 Results on Apr 03, 2025 World Co., Ltd. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Apr 03, 2025 New Risk • Jan 12
New major risk - Financial data availability The 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 09
New major risk - Revenue and earnings growth Earnings 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). New Risk • Dec 14
New minor risk - Financial data availability The 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). Valuation Update With 7 Day Price Move • Dec 02
Investor 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 29
New minor risk - Share price stability The 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). Duyuru • Nov 27
World Co., Ltd. to Report Q3, 2025 Results on Jan 08, 2025 World Co., Ltd. announced that they will report Q3, 2025 results on Jan 08, 2025 Declared Dividend • Nov 06
Final dividend of JP¥38.00 announced Shareholders 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. Declared Dividend • Oct 05
Dividend of JP¥38.00 announced Shareholders 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. Duyuru • Oct 05
World Co., Ltd. Announces Dividend for the Second Quarter of Fiscal Year Ending February 28, 2025, Payable on November 5, 2024 World 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. Duyuru • Aug 06
World Co., Ltd. to Report Q2, 2025 Results on Oct 03, 2024 World Co., Ltd. announced that they will report Q2, 2025 results on Oct 03, 2024 New Risk • Aug 05
New minor risk - Share price stability The 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 05
Investor 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 18
High number of new directors There 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 01
Full year 2024 earnings: EPS and revenues miss analyst expectations 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 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. Duyuru • May 27
World Co., Ltd. to Report Q1, 2025 Results on Jul 03, 2024 World Co., Ltd. announced that they will report Q1, 2025 results on Jul 03, 2024 Reported Earnings • Apr 06
Full 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. Duyuru • Apr 03
World Co., Ltd., Annual General Meeting, May 28, 2024 World Co., Ltd., Annual General Meeting, May 28, 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥30.00 per share Eligible 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%). Duyuru • Feb 12
World Co., Ltd. to Report Fiscal Year 2024 Results on Apr 03, 2024 World Co., Ltd. announced that they will report fiscal year 2024 results on Apr 03, 2024 Reported Earnings • Feb 08
Third 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. Duyuru • Feb 06
World Co., Ltd. Provides Commemorative Dividend Guidance for the Fiscal Year Ending February 29, 2024 World Co., Ltd. provided commemorative dividend guidance of JPY 5.00 per share for the fiscal year ending February 29, 2024. Duyuru • Dec 06
World Co., Ltd. to Report Q3, 2024 Results on Feb 05, 2024 World Co., Ltd. announced that they will report Q3, 2024 results on Feb 05, 2024 New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings 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 07
Second 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 21
Less than half of directors are independent Following 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 21
Upcoming dividend of JP¥26.00 per share at 3.1% yield Eligible 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%). Duyuru • Aug 26
World Co., Ltd. to Report Q2, 2024 Results on Nov 06, 2023 World Co., Ltd. announced that they will report Q2, 2024 results on Nov 06, 2023 Reported Earnings • Aug 04
First 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. Duyuru • Jun 14
World Co., Ltd. to Report Q1, 2024 Results on Aug 03, 2023 World Co., Ltd. announced that they will report Q1, 2024 results on Aug 03, 2023 Reported Earnings • May 09
Full year 2023 earnings: EPS exceeds analyst expectations Full 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. Duyuru • May 08
World Co., Ltd., Annual General Meeting, Jun 23, 2023 World Co., Ltd., Annual General Meeting, Jun 23, 2023. Major Estimate Revision • Mar 23
Consensus EPS estimates fall by 11%, revenue upgraded The 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 22
Price target increased by 16% to JP¥2,200 Up 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 04
Third 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. Board Change • Feb 01
Insufficient new directors No 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. Duyuru • Dec 04
World Co., Ltd. to Report Q3, 2023 Results on Feb 03, 2023 World Co., Ltd. announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 16
Second 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 09
Second 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. Duyuru • Nov 08
World Co., Ltd. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2023 World 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. Duyuru • Nov 07
World 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, 2023 World 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. Duyuru • Aug 31
World Co., Ltd. to Report Q2, 2023 Results on Nov 07, 2022 World Co., Ltd. announced that they will report Q2, 2023 results on Nov 07, 2022 Reported Earnings • Aug 04
First 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. Duyuru • May 29
World Co., Ltd. to Report Q1, 2023 Results on Aug 03, 2022 World Co., Ltd. announced that they will report Q1, 2023 results on Aug 03, 2022