World's Full-Year Profit Rises 9%; Revises Dividend Policy

MT Newswires Live04-03

World's (TYO:3612) profit attributable to owners of the parent rose 8.8% to about 12.0 billion yen for the fiscal year 2025 from 11.0 billion yen a year earlier.

The apparel company's earnings per share increased to 171.36 yen from 158.61 yen a year ago, according to a Tokyo bourse filing on Friday.

Net sales jumped 26% to over 284.0 million yen for the full year ended Feb. 28 from 225.7 billion yen in the prior year.

World declared a final dividend of 60 yen per share, payable from May 29.

For the fiscal year 2026, the company expects an attributable profit of 12.6 billion yen, basic EPS of 173.10 yen, and revenue of 300 billion yen.

World plans to pay interim and year-end dividends of 31 yen and 36 yen per share, respectively, bringing the annual dividend to 67 yen, which is lower than the 109 yen paid the previous year.

In a separate filing, World revised its payout policy to adopt a progressive dividend model that benchmarks either a 40% or higher payout ratio or a dividend on equity (DOE) ratio of 5% or more, whichever is greater.

Effective from the fiscal year 2026, the revision follows the company's early repayment of perpetual subordinated loans.

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