World Holdings (2429) Q3 2025 earnings summary

Executive summary

• Diversified business portfolio enabled strong performance despite external factors such as U.S. tariffs and macroeconomic uncertainty.

• Net sales for the first nine months of 2025 rose 16.9% year-over-year to ¥200,600 million, with operating profit up 72.4% to ¥7,568 million and profit attributable to owners of parent up 125.8% to ¥4,422 million.

• Comprehensive income increased 130.6% year-over-year to ¥5,032 million for the nine-month period.

• Sales and profits exceeded internal plans, driven by core Human Resources, Education, and Real Estate segments.

Financial highlights

• Net sales rose to ¥200,600 million, up 16.9% year-over-year and 1.4% above plan.

• Operating profit reached ¥7,568 million, up 72.4% year-over-year and 29.8% above plan.

• Ordinary profit was ¥7,544 million, up 75.7% year-over-year and 43.9% above plan.

• Profit attributable to owners of parent increased 125.8% year-over-year to ¥4,422 million.

• EBITDA was ¥8,898 million, up 49.3% year-over-year.

Outlook and guidance

• Full-year 2025 net sales are forecast at ¥281,439 million, up 16.2% year-over-year, with operating profit expected to rise 18.5% to ¥10,179 million.

• Profit attributable to owners of parent is projected at ¥5,389 million, up 8.2% year-over-year, with net income per share forecast at ¥303.35.

• Continued focus on cost controls and efficient recruitment in Human Resources.

• Real Estate segment expects further gains from optimal property sales timing and recurring revenue.