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

Reference: Results for the Previous Fiscal Year

2023/6/5

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					105.5							105.5
		Store Sales	*2	106.0		105.6					105.8							105.8
			Same-Store Sales	*3	109.7		109.2					109.5							109.5
		Online Sales	*4	102.8		106.3					104.5							104.5
	Number of Stores
	End of Month (Term)	*2	2,225		2,223
		Openings		11		0					11						0	11
		Closings		10		2					12						0	12
		M&A		0		0					0						0	0
	Number of Same Stores	*3	2,086		2,099

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

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

	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*5state of emergency, remain included. Additionally, online sales are not included in Same-Store Sales.
	*5

*5 For April 2023, Domestic Sales was revised from 105.1% to 105.4%, Store Sales from 105.8% to 106.0%, Same-Store Sales from 109.5% to 109.7%, Online Sales from 102.4% to 102.8%, and Number of Same Stores from 2,089 to

2,086, all 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 105.7% of those for the same period of the previous△1△1year, consisting of 105.6% of store sales and 106.3% of online sales, while same-store sales were 109.2%. There was

one fewer holiday compared to the same month of the previous year, and this was estimated to have had a negative impact of about 2.5% on a same-store-sales basis. Same-store sales for the month were 87.4% of the pre-Covid level in FY2019, maintaining the trend of the second half of FY2022 with a recovery of about 90% following 90.6% in April, and same-store sales continued to perform better than expected at the beginning of FY2023.

• The store sales channel got off to a strong start due to Golden Week and the good weather, and sales of hot-selling items continued to grow at that time, mainly in department stores, as summer fabrics sold well while temperatures rose. The online sales channel, however, has been affected by an ongoing shift in customer purchasing behavior from online to real stores. WOS, the in-house EC, showed firm double-digit

sales growth compared to the previous year, and online sales were 106.3% compared to the same month of that year, improving the growth rate by 3.5 percentage points from the month before.

• By item, linen blend blouses with half-sleeves and blouses with elegant French sleeves sold well, and those with UV protection and antibacterial deodorant properties were top-selling items. In addition, sales of

easy-care,cut-and-sewn items and one-piece dresses that can be worn both at work and during leisure time also performed well. As for brands, UNTITLED and TAKEO KIKUCHI in the department store category as well as DRESSTERIOR in the select store category drove apparel sales by increasing the number of customers and average spending per customer in a well-balanced manner. The second-handselect shop RAGTAG, which enjoyed strong inbound demand, alsomaintained robust sales.

			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