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WORLD HOLDINGS, Jan-Sep (Cumulative 3Q) Ordinary Profit Increases by 76%, Jul-Sep Ordinary Profit Increases by 42%
2429 WORLD HOLDINGS CO.,LTD. 【J-GAAP】
Earnings ReportWORLD HOLDINGS CO.,LTD. <2429> [TSE Prime] announced its financial results after the market closed on November 7th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending December 2025 (January to September) expanded 7.54 billion yen, an increase 75.7% compared to the same period last year. Progress toward the full-year plan of 9.35 billion yen was 80.6%, also surpassing the five-year average of 62.0%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to December period (4Q) is expected to significant drop 57.4% from the same period last year to 1.81 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated ordinary profit increased 42.3% from the same period last year, reaching 2.72 billion yen. The operating profit margin improved from 3.3% in the same period last year to 3.8%.
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Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 150,976 | 7,769 | 7,690 | 4,707 | 268.4 | 75.0 | Nov 9, 2023 | J-GAAP |
| Jan - Sep, 2024 | 171,533 | 4,390 | 4,293 | 1,958 | 110.5 | 50.2 | Nov 8, 2024 | J-GAAP |
| Jan - Sep, 2025 | 200,600 | 7,568 | 7,544 | 4,422 | 247.2 | 80.6 | Nov 7, 2025 | J-GAAP |
| YoY | +16.9% | +72.4% | +75.7% | +125.8% | +123.6% |
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 |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Jul - Sep, 2025 | 68,815 | 2,593 | 2,720 | 1,772 | 99.0 | 3.8 | Nov 7, 2025 | J-GAAP |
| YoY | +13.3% | +27.6% | +42.3% | +45.1% | +43.7% |
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