World : Monthly Sales Summary for Domestic Retail Business for August 2023

2023/9/5

	Monthly Sales Summary for World Co., Ltd. Domestic Retail Business	Company Name: World Co., Ltd.
	Representative: Nobuteru Suzuki, President, Representative Managing Executive Officer
															(Securities Code: 3612 Prime, Tokyo Stock Exchange)
														Contact: Keiichi Nakabayashi, Deputy President, Representative Managing Executive Officer
														(IR Office Phone: [phone])
			FY2023
	(April 1, 2023 to February 29, 2024)	Apr.		May	Jun.		Jul.	Aug.	Sep.	1H	Oct.	Nov.	Dec.	Jan.	Feb.	2H	Full Term
	Sales (YoY)		Change (%)
	Domestic Sales	*1	105.4		105.7	105.0		111.5	111.2		107.6							107.6
		Store Sales	*2	106.0		105.5	105.0	*5	113.6	113.1		108.4							108.4
			Same-Store Sales	*3	109.7		109.2	108.4	*5	118.2	118.2		112.3							112.3
		Online Sales	*4	102.8		106.3	105.2		103.6	104.5		104.4							104.4
	Number of Stores
	End of Month (Term)	*2	2,225		2,223	2,223		2,205	2,201
		Openings		11		0	1		2	9		23						0	23
		Closings		10		2	1		20	13		46						0	46
		M&A		0		0	0		0	0		0						0	0
	Number of Same Stores	*3	2,086		2,094	2,091		2,067	2,051

Note: As a general rule, the sales summary is disclosed on the third business day of the month following the reporting month and includes preliminary data. Should final data differ from any preliminary data, the revised figures will be disclosed when the preliminary data for the subsequent month are announced.

*1 Figures are for domestic retail sales only and do not include domestic wholesale or event sales figures or overseas sales.

*2 Figures for store sales and number of stores include directly managed stores and VSPA (Virtual SPA), but they do not include figures for FC (Franchise) stores or overseas stores.

*3 Same stores are defined as stores that were opened or newly consolidated (joined the Group) more than 12 months prior to the report and were unchanged from the previous month in terms of retail floor size, which changes the number of same stores on a monthly basis. Therefore, stores that have been relocated or closed for more than a day due to renovations have been excluded from the results of same stores. Same stores, which are closed or operating with reduced hours under the state of emergency, remain included. Additionally, online sales are not included in Same-Store Sales.

*4 Online Sales figures represent total sales by World Group brand companies through their own and other companies' websites.

*5 For July 2023, Store Sales was revised from 113.7% to 113.6% and Same-Store Sales from 118.3% to 118.2%, both indicated by an underline.

Number of holidays* year-on-year	Current month		Month in previous year		*Saturdays, Sundays and public holidays
		±0		△1

• Domestic sales for the month were 111.2% of those for the same period of the previous year, consisting of 113.1% of store sales and 104.5% of online sales. The number of holidays was equal to that of the same month in the previous year. Same-store sales for the month were 84.4% of the pre-Covid level in FY2019.

• In the store sales channels, bargain sales of summer items remained strong due to the continued high temperatures. Although our sales of autumn items were affected by store closures due to the typhoon in the middle of the month and the intense heat later, same-store sales throughout the month consistently exceeded the previous year's sales. With the ongoing return of customers to in-store shopping and strong inbound demand, the store sales channel continued to dominate over the online sales channel. Same-store sales generally performed well across all sales channels, including department stores, shopping centers, and station buildings, as did product categories such as apparel and miscellaneous goods.

• By item, blouses and cut and sewn continued to sell well, while there was a gradual shift in sales from short sleeves to half-length sleeves. Among miscellaneous goods, items for extreme heat such as UV folding umbrellas, sunshades, and compact handy fans were especially popular. As for brands, sales of apparel brands such as TAKEO KIKUCHI in department stores, DRESSTERIOR and RAGTAG in station buildings, and OPAQUE.CLIP and SHOO LA RUE in shopping centers maintained their growth momentum, and miscellaneous goods brands, such as COCOSHNIK for jewelry and HIROFU for bags, also

performed well.

Reference: Results for the Previous Fiscal Year

			FY2022
	(April 1, 2022 to March 31, 2023)	Apr.		May	Jun.	Jul.	Aug.	Sep.	1H	Oct.	Nov.	Dec.	Jan.	Feb.	Mar.	2H	Full Term
	Sales (YoY)	Change (%)
	Domestic Sales	127.7		149.8	112.2	116.9	130.2	136.0	127.5	131.8	117.6	128.7	141.7	152.4	105.2	126.8	127.1
		Store Sales	124.1		156.2	108.3	111.9	128.0	133.6	125.1	126.8	112.5	124.3	134.4	149.6	105.2	122.6	123.7
			Same-Store Sales	119.5		150.7	109.3	109.4	120.0	118.0	119.8	111.9	100.8	107.7	120.5	134.3	112.4	112.6	115.6
		Online Sales	144.7		127.7	130.1	140.1	138.8	145.3	137.4	158.0	141.2	149.5	168.7	161.4	105.3	144.9	141.5
	Number of Stores
	End of Month (Term)	2,364		2,358	2,353	2,341	2,316	2,313		2,301	2,304	2,304	2,248	2,205	2,224
				･･
		Openings	14		1	0	2	3	10	30	4	5	1	0	0	22	32	62
		Closings	11		7	5	14	28	13	78	16	2	1	56	43	28	146	224
		M&A	0		0	0	0	0	0	0	0	0	0	0	0	25	25	25
	Number of Same Stores	1,569		1,577	1,577	1,568	1,539	1,533	－	1,541	1,550	1,553	1,497	1,460	2,083