World to buy back shares from subsidiary, address fractional shares

World will acquire 174,365 shares of its common stock from its subsidiary, Narumiya International Co., Ltd., for a total of JPY 465,903,280. This acquisition, representing 0.48% of outstanding shares (excluding treasury shares), is based on Article 163 of Japan's Companies Act and uses the closing price of JPY 2,672 per share on October 14, 2025. The share purchase agreement will be concluded on October 15, 2025, with the transfer scheduled for October 20, 2025, through an over-the-counter transaction.

Additionally, World will buy back 690 shares of its common stock to address fractional shares generated by a share exchange with Narumiya International, which became a wholly-owned subsidiary on October 1, 2025. This repurchase aligns with Articles 234, Paragraphs 4 and 5 of the Companies Act. The total payment for these shares will be calculated using the October 15, 2025, closing price on the Tokyo Stock Exchange.

As of October 1, 2025, World had 36,570,545 issued shares (excluding treasury shares) and held 288,088 treasury shares.