World : Monthly Sales Summary for Domestic Retail Business for November 2022

Reference: Results for the Previous Fiscal Year

2022/12/5

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])
		FY2022
(April 1, 2022 to March 31, 2023)	Apr.	May	Jun.	Jul.	Aug.	Sep.	1H	Oct.	Nov.	Dec.	Jan.	Feb.	Mar.		2H	Full Term
Domestic Sales	*1 5	127.7	149.8	112.2	116.9	130.2	136.0	127.5	131.8	117.7						124.4	126.6
	Store Sales	*2 5	124.1	156.2	108.3	111.9	128.0	133.6	125.1	126.8	112.5						119.5	123.4
		Same-Store Sales	*3	119.5	150.7	109.3	109.4	120.0	118.0	119.8	111.9	100.8						106.2	115.3
	Online Sales	*4 5	144.7	127.7	130.1	140.1	138.8	145.3	137.4	158.0	141.3						148.8	140.4
End of Month (Term)	*2･5	2,364	2,358	2,353	2,341	2,316	2,313		2,301	2,304
	Openings		14	1	0	2	3	10	30	4	5						9	39
	Closings		11	7	5	14	28	13	78	16	2						18	96
	M&A		0	0	0	0	0	0	0	0	0						0	0
Number of Same Stores	*3	1,569	1,577	1,577	1,568	1,539	1,533		1,541	1,550

Note: As a general rule, the sales summary is disclosed on the third business day of the month following the reporting month and includes*6preliminary 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	Figures include the sales (Store Sales and Online Sales) and number of stores (680 as of March 2022) of Narumiya International Co., Ltd. (Narumiya), which became a consolidated subsidiary in March 2022, and Narumiya is not
	included in Same-Store Sales for the first 12 months (up to February 2023).		－
*6	For October 2022, Domestic Sales was revised from 131.9% to 131.8% and Store Sales from 126.9% to 126.8%, both indicated by an underline.
	Number of holidays* year-on-year	Current month		Month in previous year			*Saturdays, Sundays and public holidays

• Domestic sales for the month were 117.7% of those for the same period of the previous year, consisting of 112.5% of store sales and 141.3% of online sales, while same-store sales were 100.8%. There were the same number of holidays as in the same month of the previous year. Same-store sales for the month were 80.8% of the pre-Covid level in FY2019, remaining above 80%. The addition of Narumiya to the Group resulted in a boost to domestic sales by 20.1 percentage points; however, this has not been taken into account for Same-Store Sales.

• Store sales got off to a strong start in the first half of the month, continuing with the previous month's trend of department stores making a recovery in sales by leveraging their capacity to attract larger numbers of shoppers, compared to other types of retail outlets. In the latter half of the month, sales of winter items were sluggish due to consistently warm temperatures. As for online sales, promotions such as Black Friday were well received. Continuing a strong trend, online sales increased by 16% year on year, excluding the positive effect of Narumiya's addition (+25.4 percentage points).

• By brand, with the continued recovery from the previous month of department stores and station buildings, where there is a large flow of people, department store brands such as TAKEO KIKUCHI and UNTITLED continued to grow, while select shop DRESSTERIOR and used select shop RAGTAG also performed well. By item, sales of casual quilted coats were strong, in addition to classic wool coats for work and formal occasions, and winter items such as high-neck knits, as well as heat-insulating pants made of fleece lining and other thermal materials, also sold well.

			FY2021
	(April 1, 2021 to March 31, 2022)	Apr.		May	Jun.	Jul.	±0Aug.	Sep.	1H	△1Oct.	Nov.	Dec.	Jan.	Feb.	Mar.	2H	Full Term
	Sales (YoY)	Change (%)
	Domestic Sales	261.8		143.9	77.6	87.8	72.4	76.5	98.1	85.0	94.1	92.8	95.0	75.3	109.8	92.9	95.2
		Store Sales	399.1		169.8	75.9	88.8	70.7	72.7	100.5	84.3	91.7	92.3	93.8	73.8	106.9	91.5	95.3
			Same-Store Sales	433.7		182.9	80.0	94.4	76.2	84.1	107.5	99.0	107.3	110.2	111.7	84.9	101.8	103.3	105.2
		Online Sales	99.4		94.6	86.1	83.7	79.8	96.1	89.5	89.2	106.6	94.8	99.6	80.3	124.1	99.4	94.6
	Number of Stores
	End of Month (Term)	2,169		2,160	2,146	2,067	1,831	1,820		1,819	1,810	1,809	1,749	1,716	2,361
		Openings	19		2	2	1	4	9	37	8	1	0	1	1	9	20	57
		Closings	5		11	16	80	240	20	372	9	10	1	61	34	44	159	531
		M&A	0		0	0	0	0	0	0	0	0	0	0	0	680	680	680
	Number of Same Stores	1,930		1,930	1,925	1,852	1,610	1,592		1,606	1,602	1,615	1,555	1,521	1,527