World raises full-year profit and dividend forecasts on strategic moves

World Co., Ltd. has revised its consolidated full-year forecast for the fiscal year ending February 28, 2026, anticipating a profit attributable to owners of the parent of JPY12,000m, an increase of JPY800m from the previous forecast. This upward adjustment is primarily due to the full acquisition of Narumiya International Co., Ltd. as a wholly owned subsidiary effective October 1, 2025, and lower-than-expected income taxes in the first half of the fiscal year.

In line with its dividend policy, World also raised its year-end dividend forecast by JPY3 to JPY60 per share, resulting in an annual dividend of JPY109 per share, a more than 30% increase from the previous fiscal year's JPY80. The company's core operating profit, however, is projected to remain at JPY20,000m, reflecting challenges in its apparel brand business.

Narumiya International Co., Ltd. was delisted from the Tokyo Stock Exchange on September 29, 2025, following its conversion into a wholly owned subsidiary of World Co., Ltd. This move is expected to foster deeper synergies and improve overall corporate value.