World to acquire new lifestyle subsidiary from Hankyu

World Co., Ltd. will acquire a newly established subsidiary from Hankyu Corporation, which will succeed the "COLOR FIELD" cosmetics and "DOUBLEDAY" furniture businesses from Hankyu Style Labels Co., Ltd. The transaction, approved on November 28, 2025, involves World acquiring all shares of the new company, provisionally named World Style Labels Co., Ltd., for JPY 175 million. This move is a strategic milestone to expand World's "Fashion ecosystem" from apparel into lifestyle domains, leveraging Hankyu's strong brand value and customer base.

The new subsidiary, with a planned capital of JPY 5 million and an establishment date of December 1, 2025, will focus on cosmetics, fashion accessories, furniture, and household goods sales. The acquisition is expected to enhance World's lifestyle brand platform by integrating Hankyu's established market presence and customer insights. World aims to drive growth through its operational know-how, supply chain, and digital initiatives like the "WORLD ONLINE STORE (WOS)."

This business succession also signifies a new co-creation and collaboration opportunity with the Hankyu Hanshin Group. The deal is slated to conclude with the share transfer execution on March 1, 2026. World anticipates a minor impact on its consolidated financial results for the fiscal year ending February 2026, with further review for subsequent periods.