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An update from WORLD CO ( (JP:3612) ) is now available.
World Co., Ltd. has announced the financial results for Narumiya International Co., Ltd. for the first six months of the fiscal year ending February 28, 2026. Despite an increase in net sales by 9%, the company experienced a significant decline in profits, with operating profit, ordinary profit, and profit attributable to owners of the parent decreasing by 57.1%, 64.3%, and 77.2% respectively. The delisting of Narumiya International from the Tokyo Stock Exchange and its integration as a wholly owned subsidiary are strategic moves by World Co., Ltd. to consolidate its operations, although the financial results indicate challenges in profitability.
More about WORLD CO
World Co., Ltd. operates in the retail industry, focusing on fashion and apparel. The company has expanded its market reach by acquiring Narumiya International Co., Ltd., a company that was recently delisted from the Tokyo Stock Exchange and made a wholly owned subsidiary.
Average Trading Volume: 211,847
Current Market Cap: Yen97.79B
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