World Co., Ltd. Announces Consolidated Earnings Results for the Nine Months Ended December 31, 2020
February 03, 2021 at 06:00 am
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World Co., Ltd. announced consolidated earnings results for the nine months ended December 31, 2020. For the period, the company reported revenue of JPY 132,848 million compared to JPY 182,502 million a year ago. Operating loss was JPY 9,670 million compared to profit of JPY 16,988 million a year ago. Loss was JPY 7,882 million compared to profit of JPY 11,781 million a year ago. Basic loss per share was JPY 233.32 compared to profit of JPY 357.05 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.