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WORLD, Net Income Forecast for the Fiscal Year Revised Upward by 7%, Raises Record High Profit Forecast, Dividend Revised Upward by 3 Yen
3612 WORLD CO., LTD. 【IFRS】
Earnings ReportWORLD CO., LTD. <3612> [TSE Prime] announced its financial results (based on IFRS) after the market closed on October 3rd (15:30). The consolidated net income for the cumulative second quarter of the fiscal year ending February 2026 (March to August) increased 20.8% from the same period last year, reaching 5.64 billion yen.
In addition, the full-year forecast for consolidated net income has been revised upward 7.1%, from the previous forecast of 11.2 billion yen to 12.0 billion yen (compared to 11.1 billion yen in the previous period), increasing the growth rate from 0.9% to 8.1%, further surpassing the previous forecast of record-high profits for two consecutive terms.
Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the September to February period (second half) is expected to decrease 1.2% from the same period last year to 6.36 billion yen.
In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 106 yen to 109 yen (compared to 80 yen in the previous period).
In the most recent three-month period, from June to August (2Q), the consolidated net income surged 2.3 times that of the same period last year, reaching 1.32 billion yen. The operating profit margin improved from 2.4% in the same period last year to 3.4%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2023 Changed | 103,065 | 5,871 | 5,455 | 3,290 | 89.4 | 48.8 | Nov 6, 2023 | IFRS |
| Mar - Aug, 2024 | 110,113 | 7,890 | 7,347 | 4,669 | 132.9 | 47.4 | Oct 3, 2024 | IFRS |
| Mar - Aug, 2025 | 136,916 | 9,317 | 8,401 | 5,640 | 165.5 | 45.9 | Oct 3, 2025 | IFRS |
| YoY | +24.3% | +18.1% | +14.3% | +20.8% | +24.5% |
First Half Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar - Aug, 2025 Guidance | 144,600 | 8,700 | 8,100 | 5,100 | 149.6 | 49 | Apr 3, 2025 | IFRS |
| Mar - Aug, 2025 Results | 136,916 | 9,317 | 8,401 | 5,640 | 165.5 | 49 | Oct 3, 2025 | IFRS |
| Revision Rate | -5.3% | +7.1% | +3.7% | +10.6% | +10.6% |
Guidance Update
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2026 Prev | 300,000 | 19,500 | 18,300 | 11,200 | 306.3 | 106 | Apr 3, 2025 | IFRS |
| Feb, 2026 New | 300,000 | 19,500 | 18,300 | 12,000 | 328.1 | 109 | Oct 3, 2025 | IFRS |
| Revision Rate | 0.0% | 0.0% | 0.0% | +7.1% | +7.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Sep - Feb, 2024 | 115,545 | 8,906 | 8,159 | 6,436 | 185.0 | 43 | Apr 3, 2025 | IFRS |
| Sep - Feb, 2025 Guidance | 163,084 | 10,183 | 9,899 | 6,360 | 173.9 | 60 | Oct 3, 2025 | IFRS |
| YoY | +41.1% | +14.3% | +21.3% | -1.2% | -6.0% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Feb, 2024 Changed | 202,342 | 12,004 | 11,186 | 6,764 | 187.4 | 56 | Apr 3, 2024 | IFRS |
| Feb, 2025 | 225,658 | 16,796 | 15,506 | 11,105 | 319.2 | 80 | Apr 3, 2025 | IFRS |
| Feb, 2026 Guidance | 300,000 | 19,500 | 18,300 | 12,000 | 328.1 | 109 | Oct 3, 2025 | IFRS |
| YoY | +32.9% | +16.1% | +18.0% | +8.1% | +2.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jun - Aug, 2024 | 51,712 | 1,239 | 965 | 570 | 16.2 | 2.4 | Oct 3, 2024 | IFRS |
| Sep - Nov, 2024 | 56,923 | 6,391 | 6,088 | 3,709 | 106.5 | 11.2 | Jan 8, 2025 | IFRS |
| Dec - Feb, 2024 | 58,622 | 2,515 | 2,071 | 2,727 | 78.4 | 4.3 | Apr 3, 2025 | IFRS |
| Mar - May, 2025 | 70,015 | 7,014 | 6,556 | 4,319 | 126.8 | 10.0 | Jul 3, 2025 | IFRS |
| Jun - Aug, 2025 | 66,901 | 2,303 | 1,845 | 1,321 | 38.8 | 3.4 | Oct 3, 2025 | IFRS |
| YoY | +29.4% | +85.9% | +91.2% | +131.8% | +139.0% |
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