World Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2020 and Year Ending March 31, 2021
August 05, 2020 at 07:00 am
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World Co., Ltd. provided earnings guidance for the six months ending September 30, 2020 and year ending March 31, 2021. For the six months, the company expects sales revenue of JPY 74,892 million, core operating loss of JPY 10,323 million, operating loss of JPY 16,989 million. Loss attributable to the owners of parent of JPY 13,351 million or JPY 400.63 per basic share.
For the year 2021, the company expects sales revenue of JPY 199,200 million, core operating profit of JPY 600 million, operating loss of JPY 6,780 million. Loss attributable to the owners of parent of JPY 6,045 million or JPY 181.39 per basic share.
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.