World Co.’s 3Q Profit Rises 16% as B2B External Sales Expand

Kobe Keizai News — Apparel maker World Co., Ltd. (3612) said on the 7th that consolidated net profit for the March–November period (3rd quarter) of the fiscal year ending February 2026, prepared under International Financial Reporting Standards (IFRS), rose 16% year on year to ¥9.7 billion. The inclusion of MC Fashion (formerly Mitsubishi Corporation Fashion), which became a consolidated subsidiary on February 28, boosted revenue from external sales to corporate clients, more than offsetting weak performance at mid-priced apparel brands primarily operating in shopping centers.

Revenue, equivalent to net sales, increased 24% to ¥207.9 billion, while operating profit climbed 11% to ¥15.8 billion. By business segment, revenue from the Brand Business, which covers apparel and accessories sales, slipped 1% to ¥144.7 billion, and the Digital Business, which includes e-commerce and luxury pre-owned goods, fell 11% to ¥23.0 billion. In contrast, the Platform Business—through which the company sells its expertise externally and which includes MC Fashion—posted a 72% surge in revenue to ¥100.9 billion.

Within the Brand Business, lifestyle brands centered on miscellaneous goods and accessories continued to perform well. Apparel brands, however, saw profitability decline from the first half as seasonal product transitions did not proceed smoothly. Revenue from the Digital Business was roughly in line with the previous year when accounting for the shift of Laxus Technologies (288A), which was listed in December 2024, from consolidation to equity-method accounting.

The company left its full-year consolidated forecast for the fiscal year ending February 2026 unchanged. It projects net profit to rise 9% from the previous year to ¥12.0 billion and maintained its dividend plan, including a year-end dividend of ¥60 per share (¥109 for the full year).

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