World Co., Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 30, 2021
August 04, 2021 at 02:00 am EDT
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World Co., Ltd. announced consolidated earnings results for the first quarter ended June 30, 2021. For the period, the company reported revenue of JPY 40,532 million compared to JPY 32,994 million a year ago. Core operating profit was JPY 1,446 million compared to loss of JPY 2,984 million a year ago. Operating profit was JPY 1,941 million compared to loss of JPY 3,189 million a year ago. Profit was JPY 1,303 million compared to loss of JPY 2,431 million a year ago. Basic earnings per share was JPY 38.86 compared to loss of JPY 72.36 a year ago. Diluted earnings per share was JPY 38.73 compared to loss of JPY 72.36 a year ago.
WORLD CO., LTD. is a Japan-based holding company. The Company operates in four businesses through subsidiaries. The brand business is engaged in operating stores which sells ladies, gentlemen and children's apparel and fashion accessories. The investment business aims to optimize the entire business portfolio of the group by directly investing and selling off from the group directly and using the fund indirectly. The digital business proposes and executes digital solutions such as EC mall business specialized in fashion, other company's EC business, business consignment of information and logistics system. The platform business provides support for space creation through production and procurement of clothing items and clothing accessories, trade and furniture manufacturing and sales.