WORLD CO.,LTD. (3612) Stock Price

World operates a brand business selling women's, men's, and children's clothing and fashion accessories both domestically and internationally. In this business, the company strategically adjusts its brand portfolio to balance growth and profitability. Domestically, World operates retail businesses centered on department stores and shopping centers, offering women's, men's, and children's apparel as well as intimate wear.

World's digital business consists of B2B solutions and B2C neo-economy operations. In B2B solutions, the company manages the fashion e-commerce site "World Online Store," providing logistics infrastructure and core systems. In B2C neo-economy, World operates used-select shops and off-price stores called "& Bridge," and offers a subscription-based rental service for designer bags.

In its platform business, World opens its multi-format, multi-brand platform to external companies and provides various services. The production platform supplies manufactured products to brand business subsidiaries and conducts OEM and ODM operations. The sales platform handles store development and event planning and operations, while also managing inventory clearance and operating retail businesses for other industries.

World aims to maximize customer value under the motto "Full creative effort, shared value. Always reaching higher." Building on the "SPARCS" concept announced in 1992, the company evolves its business model by integrating the supply chain from retail to production with the consumer at the center, converting waste into value. Leveraging this model, World continuously updates its operational foundation through IT technology and has established systems to respond swiftly to customer needs.

Over the medium to long term, World plans to expand the "SPARCS concept" into lifestyle and circular economy sectors, aiming to establish a "World Fashion Ecosystem." This ecosystem will be offered to external partners to deliver diverse brands and valuable products to customers in a sustainable manner. Through this approach, World is advancing the construction of a fashion industry with minimal loss and waste.

World has adopted "PLAN-W" as its growth strategy, targeting improvements in ROE and ROIC. Core operating profit is positioned as a key performance indicator for sustainable growth. The company prioritizes enhancing profitability in brand operations, expanding EC channel sales ratios, and promoting growth in non-apparel businesses. These initiatives aim to improve overall growth and profitability.

World's business strategy centers on brand operations while developing digital and platform businesses. In brand operations, the company advances format and brand development across multiple channels. In digital operations, World expands B2B solutions and B2C businesses while focusing on circular economy initiatives. In platform operations, the company grows B2B business through OEM/ODM and sales support services.

Amid a challenging business environment, World prioritizes improving operational profitability, strengthening financial position, and securing talent. The company pursues sustainable growth through brand operation enhancement and digital business expansion. World is also strengthening corporate governance to increase enterprise value. These efforts enable the company to adapt to changing market conditions and maintain competitiveness.