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An update from WORLD CO ( (JP:3612) ) is now available.
World Co., Ltd. reported a decline in domestic retail sales to 98.8% compared to the previous year, with store sales at 98.9% and online sales at 98.6%. The company noted that the IPO of Laxus Technologies Inc. in December 2024, which led to its exclusion from the consolidation, is expected to negatively impact online sales by about 6% throughout the year. Despite a challenging sales period, full-price sales of spring merchandise performed well, offsetting some of the decline in promotional sales. The company also experienced robust sales in winter items and ceremony-related products, which were particularly sought after during the sales period.
More about WORLD CO
World Co., Ltd. operates in the domestic retail industry, focusing on a variety of apparel and accessory products. The company manages both physical stores and online sales platforms, with a notable presence in select and outlet stores, as well as jewelry brands.
Learn more about 3612 stock on TipRanks’ Stock Analysis page.
