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WORLD HOLDINGS, First Half Ordinary Profit Increases by 2.0 times
2429 WORLD HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportWORLD HOLDINGS CO.,LTD. <2429> [TSE Prime] announced its financial results after the market closed on August 4th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) surged 2.0 times that of the same period last year, reaching 4.82 billion yen, exceeded the previous forecast of 3.18 billion yen.
Progress toward the full-year plan of 9.35 billion yen was 51.6%, also surpassing the five-year average of 38.5%.
Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to decrease 26.5% from the same period last year to 4.53 billion yen.
In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit increased 36.0% from the same period last year, reaching 2.41 billion yen. The operating profit margin improved from 3.1% in the same period last year to 3.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2023 | 90,461 | 3,685 | 3,645 | 2,013 | 114.8 | 35.6 | Aug 7, 2023 | J-GAAP |
| Jan - Jun, 2024 | 110,805 | 2,358 | 2,381 | 737 | 41.8 | 27.8 | Aug 6, 2024 | J-GAAP |
| Jan - Jun, 2025 | 131,785 | 4,975 | 4,824 | 2,650 | 148.1 | 51.6 | Aug 4, 2025 | J-GAAP |
| YoY | +18.9% | +111.0% | +102.6% | +259.6% | +254.1% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 Guidance | 130,628 | 3,543 | 3,183 | 1,555 | 86.9 | 0 | Feb 12, 2025 | J-GAAP |
| Jan - Jun, 2025 Results | 131,785 | 4,975 | 4,824 | 2,650 | 148.1 | 0 | Aug 4, 2025 | J-GAAP |
| Revision Rate | +0.9% | +40.4% | +51.6% | +70.4% | +70.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 131,421 | 6,235 | 6,170 | 4,244 | 238.9 | 84.20 | Feb 12, 2025 | J-GAAP |
| Jul - Dec, 2025 Guidance | 149,654 | 5,204 | 4,532 | 2,739 | 153.0 | 106.20 | Aug 4, 2025 | J-GAAP |
| YoY | +13.9% | -16.5% | -26.5% | -35.5% | -35.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 213,742 | 10,365 | 10,251 | 6,204 | 353.6 | 106 | Feb 9, 2024 | J-GAAP |
| Dec, 2024 | 242,226 | 8,593 | 8,551 | 4,981 | 280.4 | 84.20 | Feb 12, 2025 | J-GAAP |
| Dec, 2025 Guidance | 281,439 | 10,179 | 9,356 | 5,389 | 301.1 | 106.20 | Feb 12, 2025 | J-GAAP |
| YoY | +16.2% | +18.5% | +9.4% | +8.2% | +7.4% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Jun, 2024 | 55,984 | 1,722 | 1,776 | 858 | 48.7 | 3.1 | Aug 6, 2024 | J-GAAP |
| Jul - Sep, 2024 | 60,728 | 2,032 | 1,912 | 1,221 | 68.9 | 3.3 | Nov 8, 2024 | J-GAAP |
| Oct - Dec, 2024 | 70,693 | 4,203 | 4,258 | 3,023 | 170.2 | 5.9 | Feb 12, 2025 | J-GAAP |
| Jan - Mar, 2025 | 63,493 | 2,499 | 2,408 | 1,207 | 67.5 | 3.9 | May 13, 2025 | J-GAAP |
| Apr - Jun, 2025 | 68,292 | 2,476 | 2,416 | 1,443 | 80.7 | 3.6 | Aug 4, 2025 | J-GAAP |
| YoY | +22.0% | +43.8% | +36.0% | +68.2% | +65.6% |
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