World Co. to Sell Kobe Head Office in ROIC-Focused Asset Shift

WORLD CO ( (JP:3612) ) has issued an announcement.

World Co., Ltd. has resolved to sell the land and building of its current Kobe head office in a sale-and-leaseback deal as part of a shift toward ROIC-based management and more efficient use of its asset base. Although the transaction will generate an estimated loss of about ¥1.8 billion on the sale of fixed assets in the fourth quarter of the fiscal year ending February 2026, the company expects the overall impact on its full-year earnings to be minor after offsetting this with a temporary gain from making Right-on Co., Ltd. a wholly owned subsidiary. The sale will free up cash to be redeployed into growth investments and shareholder returns under the next mid-term management plan, while World plans to keep its head office functions in Kobe—relocating within the city after up to two years in the existing building—supporting its long-term strategy of capital efficiency, operational streamlining, and continued contribution to the local community.

More about WORLD CO

World Co., Ltd., listed on the Tokyo Stock Exchange Prime Market under securities code 3612 and headquartered in Kobe, operates as a Japanese apparel and lifestyle group. The company is in the process of implementing ROIC-focused management under its next mid-term management plan, emphasizing more efficient use of assets, improved financial discipline and operational efficiency, and sustained engagement with its home base in Kobe and surrounding regional communities.

Average Trading Volume: 118,218

Current Market Cap: Yen110.4B

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