World Co., Ltd. Announces Consolidated Earnings Results for the Six Months Ended September 30, 2020
November 04, 2020 at 01:00 am EST
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World Co., Ltd. announced consolidated earnings results for the six months ended September 30, 2020. For the six months, the company’s sales Revenues were JPY 79,075 million against JPY 117,677 million a year ago. Operating loss was JPY 14,454 million against operating income of JPY 8,037 million a year ago. Loss was JPY 11,130 million against profit of JPY 5,955 million a year ago. Loss per share was JPY 331.84 against earnings per share of JPY181.02 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.