World : Monthly Sales Summary for Domestic Retail Business for February 2024

Reference: Results for the Previous Fiscal Year

from 106.5% to 106.6%, and Number of Same Stores from 2,027 to 2,022, all indicated by an

2024/3/5

Company Name: World Co., Ltd.

Monthly Sales Summary for World Co., Ltd. Domestic Retail Business 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	111.1	99.6	106.3	102.1	107.0	101.4	*5	102.5	107.5	103.8	105.1
		Store Sales	*2	106.0		105.5	105.0	113.6	113.0	100.4	107.2	100.7	107.2	101.4		101.1	106.2	103.0	105.1
			Same-Store Sales	*3	109.7		109.2	108.4	118.2	118.2	102.7	110.9	103.7	110.6	104.8	*5	104.7	107.5	105.9	108.3
		Online Sales	*4	102.8		106.3	105.2	103.6	104.3	96.6	103.2	108.5	106.4	101.6	*5	106.6	111.3	106.8	105.1
	Number of Stores
	End of Month (Term)	*2	2,225		2,223	2,223	2,205	2,202	2,208		2,210	2,215	2,218		2,184	2,184
		Openings		11		0	1	2	4	11	29	4	6	4		0	10	24	53
		Closings		10		2	1	20	13	5	51	2	1	1		34	20	58	109
		M&A		0		0	0	0	6	0	6	0	0	0		0	10	10	16
	Number of Same Stores	*3	2,086		2,094	2,091	2,067	2,049	2,048		2,052	2,056	2,062	*5	2,022	1,998

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

*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

underline.			－
Number of holidays* year-on-year	Current month		Month in previous year		*Saturdays, Sundays and public holidays

disclosed when the preliminary data for the subsequent month are announced.	－

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 January 2024, Domestic Store Sales was revised from 102.4% to 102.5%, Same-Store Sales from 104.4% to 104.7%, Online Sales

• Domestic sales for the month were 107.5% of those for the same period of the previous year, consisting of 106.2% of store sales and 111.3% of online sales, while same-store sales were 107.5%. We estimate
＋1	△1

that the impact of an extra business day and holiday due to the leap year is approximately +6.0%. Same-store sales for the month were 99.5% of the pre-Covid level in FY2019 and have mostly recovered. Since our profit levels are now projected to exceed pre-Covid levels, we will stop providing pre-Covid comparisons, which we have been doing monthly for four years.

• In the store sales channel, bargain sales of knits and short coats suitable for this time of year continued to be strong throughout the month. In addition, against the backdrop of relatively rare high temperatures,

the spring clothing sale season has begun in earnest, combined with the peak period of sales of items for ceremonies, resulting in a clear shift to proper-price sales for spring clothing. The online sales channel experienced a trend similar to that of the store sales channel in terms of best-sellers and sales. However, high-price coats and jackets were active during the final bargain sale, especially department store brands such as INDIVI and TAKEO KIKUCHI.

• As for product categories, items for ceremonies that started selling in the second half of January peaked toward the end of the month, while products that represent spring outerwear, such as casual mountain

parkas and short trench coats, started selling earlier than in previous years. In the area of brands, our middle-lower brands, represented by OPAQUE.CLIP, THE SHOP TK, and grove, continued to lead sales, while many apparel brands, led by DRESSTERIOR, INDIVI, Dessin, and RAGTAG, witnessed high growth in sales.

Note: The Company's financial results for the year ended February 2024 are scheduled to be released via its corporate website and TDnet on April 3.

			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