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WORLD CO., LTD.

3612・Prime Market・Textiles & Apparels

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株式会社ワールド logo
WORLD CO., LTD.3612

Brand Business

Core group consumer-facing business bundling Apparel, Lifestyle, Circular, and other operations.

PeriodCurrentPreviousChange
Segment revenue (including internal)¥58,106 million¥52,618 million↑
External revenue¥56,388 million¥51,273 million↑
Business profit (segment profit)¥5,015 million¥4,413 million↑
Operating profit¥5,160 million¥4,751 million↑
Depreciation and amortization¥3,671 million¥3,064 million↑

Business Details

Comprised of five sub-segments: "Apparel," "Lifestyle," and "Unique (Jewelry, Intimate, etc.)" under World Brands Co., Ltd., plus "Overseas" and "Circular" managed directly by the Company. From the first quarter of FY2027 (ending March 2027), the segment was reorganized from the former "Brand Business" into the "B2C Business." Includes newly consolidated Right-on Co., Ltd. and World Style Labels Co., Ltd., aiming to maximize brand value and profitability.

Recent Overview

Achieved higher revenue and profit driven by full contribution from two newly consolidated companies and profitability structure reform, with business profit up 13.6%.

In the first quarter of FY2027 (ending March 2027) (March to May 2026), B2C Business revenue was ¥58,106 million (up 10.4% year on year), and business profit was ¥5,015 million (up 13.6% year on year). The structural reform effects at Right-on Co., Ltd. and the full contribution from the newly consolidated World Style Labels Co., Ltd. were key drivers. In Apparel, the effects of MD reform gradually took hold but fell short of the plan. Strong sales growth in Circular supplemented this. The segment classification was changed from the former "Brand Business" to "B2C Business."

Key Products

product
Apparel (Domestic Brands)

Pursuing MD (merchandising) reform, strengthening of full-price sales, and profitability structure reform. Focused on shifting to a lean, profitability-oriented business structure rather than pursuing sales scale beyond capacity. Results fell short of the plan, but reform effects are gradually taking hold.

product
Lifestyle

Continuing to improve profitability of existing businesses and pursue growth investments. Contributed to sales and profit by compensating for the shortfall in Apparel.

product
Unique (Jewelry, Intimate, etc.)

As a group of operating companies under World Brands Co., Ltd., responsible for driving growth expansion in non-apparel areas.

service
Circular

Sales growth remained strong, contributing by compensating for the shortfall in Apparel. Continued to expand collection sites and frequency through initiatives such as the "World Eco Romo Campaign." Also operating the sustainable material brand "Circulic."

product
Overseas (Thailand, Taiwan, Hong Kong, Malaysia)

Advancing the establishment of business foundations in Thailand, Taiwan, Hong Kong, and Malaysia. Positioned as a sub-segment that the Company directly and strategically manages to support growth.

product
Right-on Co., Ltd. (newly consolidated)

Effects of profit improvement through structural reform and top-line recovery accompanying MD reform have materialized. Became a wholly owned subsidiary through a share exchange effective March 1, 2026. Made a significant contribution to the expansion of the B2C Business in both sales and profit.

product
World Style Labels Co., Ltd. (newly consolidated)

Performed well in profitability while advancing PMI (post-merger integration process). As one of the two newly consolidated companies, already made a significant contribution to the expansion of the B2C Business in both sales and profit.

Growth Drivers

  • Expanded contribution to sales and profit from the newly consolidated Right-on Co., Ltd. and World Style Labels Co., Ltd.
  • Continued sales growth in the Circular business and increasingly visible profit contribution
  • Progress in profitability structure reform through MD reform and strengthened full-price sales in Apparel
  • Continued improvement in profitability of existing Lifestyle businesses and ongoing growth investment
  • Building of overseas business foundations in Thailand, Taiwan, Hong Kong, and Malaysia and exploration of new expansion opportunities
  • Reduced dependence on Apparel through growth expansion in non-apparel areas (Unique, Circular, Overseas)

Risks

  • Risk of delayed profitability structural transformation as MD reform effects in Apparel brands have fallen short of the plan
  • Risk of prolonged PMI and rising integration costs for the two newly consolidated companies (Right-on Co., Ltd. and World Style Labels Co., Ltd.)
  • Continued challenges in both quantity and quality of merchandise assortment during the seasonal transition period (late summer to early autumn)
  • Pressure of declining sales volume due to the maturing domestic apparel market and population decline
  • Increased procurement costs due to rising processing fees at overseas production sites and sharp exchange rate fluctuations
  • Risk of profit reduction due to occurrence of impairment losses

Last updated: May 21, 2026