Create a Sustainable World.
FY2023 Financial Results
First QuarterMay 11, 2023 (Thu.)WORLD HOLDINGS CO., LTD.
TSE Prime Market (2429)

CONTENTS

I

II

III

Summary of FY2023
First Quarter
Financial Results

Outlook for the TermEnding December 2023

Appendix
About Us

P.3

P.14

P.18

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

2I
P.4 Summary of Financial Results
P.5 Overview of Business Results
P.6 Overview of Business Results by Segment
P.8 Products Human Resources Business

P.9 Services Human Resources BusinessP.10 Real Estate Business
P.11 Information and Telecommunications BusinessP.12 Agricultural Park Business

Summary of FY2023
First Quarter
Financial Results

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved3Summary of Financial Results

Overallsummary

Human Resources and Education and Real Estate performanceexceeded the plan while adapting accurately to changes in several
business portfolios; steady progress regarding preparations for thesecond half, which is expected to be the majority of sales and earnings.

Human
ResourcesandEducation
Business

Exceeded the plan due to stability of several business sectors, even though
the plan incorporated a downturn following the end of big one-time projects
in 2022; negative effect on performance of the global downturn insmartphones and electronic component production.

Real EstateBusiness

Retaining a cautious stance as prices remain high. Sales and especiallyearnings were higher than planned due to well-timed property sales andclosings. Sales are progressing as planned for closing dates in the second
half, which will be the majority of 2023 sales and earnings.

Information andTelecommunications
Business

Big changes are occurring in Japan’s mobile phone shop sector. Lower costof mobile phone plans reduced fee income. Taking actions to increase
portfolio stability.

Agricultural
Park BusinessAlthough attendance is low during the winter, visitors were higher thanplanned due to measures to bring people in and the loss was smaller thanplanned. Preparing for the peak season that began in April.

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

4Overview of Business Results◼

Steady sales and earnings growth backed by a diversified portfolio; majority of sales/earnings
planned for the second half of 2023
◼ Sales – Higher sales as the core Human Resources and Education Business responded accurately tochanges in several business sectors◼ Earnings – Higher earnings due to well-timed property sales and closings in the Real Estate Business(Million yen)

FY2022 1Q
ActualFY2023 1Q
Estimate

FY2023 1Q
ActualAgainst estimate
ChangePct. change

YoY
ChangePct. change

Net sales

40,711

41,58843,724

2,135

5.1%

3,012

7.4%

Operating profit

1,214

1,135

1,934

799

70.4%

720

59.4%

Ordinary profit

1,302

1,084

1,906

821

75.8%

604

46.4%

Profit attributable toowners of parent

496

672

963

290

43.1%

466

94.0%

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

5Overview of Business Results by Segment (1)(Million yen)

FY2022 1Q
ActualHuman
ResourcesandEducation
Business
Products Human
Resources
Business

Services Human
Resources
Business

Real EstateBusiness

Agricultural
Park BusinessChangePct. change

ChangePct. change

29,11332,05533,934

1,879

5.9%

4,821

16.6%

Segment
profit

1,280

650

932

282

43.4%

-347

-27.1%

Profit margin

4.4%

2.0%

2.7%

Net sales

19,93821,43623,450

2,013

9.4%

3,511

17.6%

Segment
profit

887

626

918

291

46.5%

30

3.5%

Profit margin

4.5%

2.9%

3.9%

Net sales

9,174

10,61910,484

-134

-1.3%

1,309

14.3%

Segment
profit

392

24

14

-9

-39.6%-378-96.3%

Profit margin

4.3%

0.2%

0.1%

Net sales

8,735

6,815

7,027

212

3.1%

-1,708-19.6%

Segment
profit

-57

489

906

417

85.2%

964

-

-

7.2%

12.9%

Net sales

2,157

1,945

1,948

3

0.2%

-209

-9.7%

Segment
profit

-37

-42

-69

-27

-

-32

-

-

-

-

Net sales

704

772

813

40

5.3%

108

15.4%

Segment
profit

-89

-160

-117

42

-

-28

-

-

-

-

40,711

41,58843,724

2,135

5.1%

3,012

7.4%

Profit margin

Profit margin
Net sales

Total

FY2023 1Q
ActualYoY

Net sales

Profit margin

Information andTelecommunications Business

FY2023 1Q
Estimate

Against estimate

Elimination or
corporate
Operatingprofit

117

198

283

85

42.9%

165

140.5%

1,214

1,135

1,934

799

70.4%

720

59.4%

Profit margin

3.0%

2.7%

4.4%

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

6Overview of Business Results by Segment (2)▍Net sales▍Segment profit
YoY

YoY

+7.4%

50,000Agricultural Park BusinessInformation and Telecommunications Business
Real Estate Business
Human Resources and Education Business

45,00040,711

41,58840,000704

772

35,000

2,157
8,735

1,945
6,815

+59.4%
Agricultural Park BusinessInformation and Telecommunications Business
Real Estate Business
Human Resources and Education Business

Against estimate+5.1％

43,724

2,000

1,934

813

7,027

1,500

1,214

1,135
489

20,000500

29,11332,0555,000
FY2023 1Q
Estimate

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

932
650

0

FY2022 1Q
Actual

1,280

33,93410,000

0

906

1,000

25,000(Million yen)

+70.4％

1,948

30,00015,000

Against estimate

FY2023 1Q
Actual

-500

-57
-37
-89

-42
-160

-69
-117

FY2022 1Q
ActualFY2023 1Q
Estimate

FY2023 1Q
Actual7

Human Resources
and Education
Business

Products Human Resources Business◼

Steady growth due to the diversified portfolio of this business, resulting in activities to serve many businesscategories offsetting the decline in orders involving smartphones as well as electronic components◼ Making expenditures for recruiting and training to establish a workforce for meeting orders in the second
half and afterward◼ Preparing training activities and job postings for the record-high number of new graduates who will join theWorld Holdings Group in April▍Net sales▍Segment profit
YoY+17.6%+3.5%

Against estimate

Against estimate+9.4％+46.5％

Manufacturing(Million yen)Temporary placement workforce

YoY

Technology(Million yen)

*3-month average
YoY
Manufacturing(Persons)

Technology

R&D

23,45025,00019,93820,00015,00010.4%

21,43620,000
1,000

10.0%

+21.8%

R&D

18,635

918

887

1,411

16,00020.0%

15,297

2,609

1,230

626

20.4%

1,881

12,000500
8,000

10,00070.0%

14,615
12,185

69.2%

5,000

4,000

0

0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
ActualCopyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
ActualFY2022 1Q
ActualFY2023 1Q
Actual8

Human Resources
and Education
Business◼
◼

◼

Services Human Resources Business

Growth of sales directly to customers as the pandemic declines; Preparations to open new business sites in the logistics sector
Many investments for new business activities, such as an outsourced temporary staffing order management service that uses
personnel management and temporary staffing expertise acquired from subcontracting and consortium operations in thelogistics sector
Earnings down because of up-front investments and the end of one-time projects that boosted earnings in the first half of 2022

▍Net sales▍Segment profit

Tourism/business process
outsourcing
Sales directly to customers
Logistics▍ Temporary placement workforce*3-month average

YoY+14.3%

Consortium

Against estimate-1.3%

Tourism/business process
outsourcing
Sales directly to customers(Million yen)

(Million yen)

+6.9%

Logistics

10,619 10,484
10,000

YoY

9,174

14.4%

(Persons)

400

16,000392

15,200

16,250
5,187

28.7%

26.3%

300

YoY

12,000

5,613
1,690

-96.3%
5,000

Against estimate

200
71.8%

8,000

-39.6%

2,891

3,695

1,234

59.7%

100

0

24

4,000

14

0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
ActualCopyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
Actual

5,461

5,677

FY2022 1Q
ActualFY2023 1Q
Actual09Real EstateBusiness

Real Estate Business◼

Retaining a cautious stance as prices remain high. Sales and especially earnings were higher than planned
due to well-timed sales and closings of commercial-use land and other properties.
◼ Closings of sales of many condominiums and other properties are planned for the second half of 2023 andsales contracts for these closings are generally proceeding as planned.

▍Net sales▍Segment profit
YoY

Against estimate-19.6%Developer-related
Renovation-related

Against estimate

Prefabricated house-related+3.1％▍Real estate for sale+85.3％(Million yen)

Real estate for sale

8,735

24.1%

900

6,815

+37.6%
55,895(Million yen)

50,000

5.8%

8,000

YoY

1,100

906

(Million yen)

Real estate for sale in process

40,635

7,027

40,000

700
7.9%

34.2%

489

500

30,00033,6934,000

300

46,89420,000

70.1%
57.8%

100

-57

-100

0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
ActualCopyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

10,000
6,942

9,001

FY2022 1Q
ActualFY2023 1Q
Actual0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
Actual10

Information andTelecommunications
Business

Information and Telecommunications Business◼

Fee income decreased because the lower cost of mobile phone plans reduced utilization income per user andmobile carriers revised terms for determining fees.
◼ Establishing a network of outstanding stores deeply rooted in the communities where they are located in order toreceive benefits as a survivor as the reorganization of Japan’s mobile phone shop sector progresses.
◼ Aiming for stability by cutting electricity, communication and other expenses and building a stronger businessportfolio, including the corporate solutions business▍Net sales

YoY

-9.7%

(Million yen)

▍Segment profit(Million yen)

Against estimate

+0.2％

2,500

0

2,157
1,945

2,000

1,948

-10
-20

1,500

-30
-40

-37
-42

1,000
-50

-60

500

-70
0

-69

-80
FY2022 1Q
ActualFY2023 1Q
Estimate

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

FY2023 1Q
ActualFY2022 1Q
ActualFY2023 1Q
Estimate

FY2023 1Q
Actual11

Agricultural Park
Business

Agricultural Park Business◼

More visitors than planned and a smaller loss than planned due to effective measures to attract visitors anddespite the high cost of electricity and unfavorable weather in March. All locations are preparing for the peakseason starting in April by working on attractions and installing new facilities for visitors.
◼ The large areas of agricultural parks are being used for environmental activities, such as the installation of a solar
power and storage battery system to decarbonize and reduce electricity costs at Comorebi Ibaraido Forest.

▍Net sales

YoY+15.4%(Million yen)

▍Segment profit▍Number of visiting customers*Total of four direct managed facilities(Ten thousand)(Million yen)

FY2022

Against estimate

+5.3％

900
800
700

704

772

FY2023

18

813

16
14
-50

12

600

10

500

-89

400

8

-125

300

-117

200

6
4

100

-160

0
FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
ActualCopyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

2
0

-200

Jan. Feb. Mar. Apr. May Jun. Jul. Aug.Sep. Oct. Nov.Dec.

FY2022 1Q FY2023 1Q FY2023 1Q
ActualEstimate
Actual12

Financial Condition B/S◼

Current assets increased ¥3,561 million to ¥118,818 million mainly because of an increase in real estate forsale.
◼ Liabilities increased ¥4,056 million to ¥90,451 million, mainly due to an increase in interest-bearing debt
resulting from the increase in real estate for sale.

▍End of December 2022
Total assets

End of March 2023

123,591 million¥

Total assets

127,024 million¥(+¥3,433 million)

Current assets
流動資産

Current assets

Liabilities
負債111,823¥108,257¥86,395
108,257
百万円
86,395百万円
million

有利子負債
Interest-bearing

for sale
49,605百万円

debt
55,948百万円¥55,948 million

million

Real estate
for sale¥55,895 million

Interest-bearing
debt¥64,381 million

Net assets

Net assets

固定資産
Non-current assets¥15,333
15,333
百万円million

90,450¥

millionmillion

販売用不動産Real estate¥49,605 million¥

Liabilities

純資産¥37,195
37,195
百万円¥36,574
Non-current assets¥15,201 million

millionmillion*Real estate for sale is the sum of real estate for sale and real estate for sale in process.
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

13

13

II
P.15 FY2023 Outlook
P.16 Outlook by Business Segment
P.17 Shareholder Distributions

Outlook for the TermEnding December
2023

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

14

FY2023 Outlook◼

The business environment is expected to become more difficult due to the slowdown in the global economy.
We will proceed with formulating a cautious business plan.
◼ Forecast record-high sales and earnings because of activities to achieve stable growth of the core Human
Resources and Education Business and steady progress in sales in the Real Estate Business.
◼ The 2023 plan is significantly weighted to the second half in the Human Resources and Education and Real
Estate businesses.

(Million yen)

Actual for the term
ended Dec. 2022

Estimates for the term
ending Dec. 2023

YoY
ChangePct. change

183,640

201,354

17,714

9.6％

Operating profit

8,929

9,916

987

11.1%

Ordinary profit

8,933

9,453

520

5.8%

Profit attributable to owners ofparent

5,341

6,045

703

13.2%

Net income per share(Yen)

305.50344.84

39.34

12.9%

Dividend per share (Yen)

91.50

103.50

12.00

13.1%

Net sales

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved15Outlook by Business Segment◼

In the Human Resources and Education Business, based on a plan that reflects concerns about a possible
slowing of global economic growth, there will be substantial recruiting expenditures to add people with a view tohandling large orders and for more growth of this business. Using the DX to cut SG&A expenses.
◼ The Real Estate Business will retain a cautious stance but sales and earnings growth is expected because ofsales of development projects scheduled for delivery in the second half of 2023.

FY2022(Million yen)

Human Resources
and Education
Business

Net sales

Actual(Profit margin)

5,179

Net sales
Products Human
Resources Business Segment profit

88,598Net sales
Services Human
Resources Business Segment profit

44,282

4,054

1,125

Real EstateBusiness

Net sales

38,044

Segment profit

3,181

Information andTelecommunications
Business

Net sales

8,399

Agricultural
Park BusinessNet sales
Segment profit(3.9%)

5,409(3.8%)

94,732(4.6％)

4,265(4.5%)

49,371(2.5%)

1,144(2.3%)

44,511(8.4%)

3,728(8.4%)

8,074(1.5%)

214(2.7%)

4,664

4,314
158

(Profit margin)(3.7%)

208(4.5%)

ChangePct. change

11,223

8.4%

230

4.4%

6,133

6.9%

211

5.2%

5,089

11.5%

19

1.7％

6,466

17.0%

547

17.2%

-325

-3.9%

88

70.7%

349

8.1%

49

31.4%

183,640

201,354

17,714

9.6%

Elimination or
corporate

284

354

70

24.8％

Operating profit

8,929

987

11.1%

Net sales

Total

125

Estimate

YoY

144,104

132,880

Segment profit

Segment profit

FY2023Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved(4.9%)

9,916(4.9%)

16

Shareholder Distributions◼

The basic policy for profit distributions is to distribute profits in a manner that reflects results of operations while
retaining sufficient earnings for future business operations and for making business operations stronger. For
dividends, the goal is to stably and consistently increase the dividend while using a consolidated payout ratio of
30% as the guideline for dividends.
◼ Forecast a record-high 2023 dividend of 103.5 yen per share.

(Yen)

103.5

101.7

100.0

91.5
75.3

80.0

82.7

83.0

60.0

79.5

52.7
45.7

40.0

23.7
20.0

10.0

0.0
FY2013

FY2014FY2015

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

FY2016FY2017FY2018FY2019FY2020

FY2021

FY2022

FY2023(Forecast)

17

III

P.19 The Purpose of the World Holdings Group
P.20 Purpose of the Segments
P.21 Sustainability
P.22 Business Portfolio

P.23 History
P.24 Main Group Companies

Appendix
About Us

P.25 Business Domains of the Human Resources
and Education BusinessP.26 Business Domains of the Real Estate BusinessP.27 Business Domains of the Information andTelecommunications BusinessP.28 List of Agricultural Parks
P.29 Business Performance Trend
P.30 Medium-term Management Plan
P.31 Reference: 2021-2022 Quarterly Performance

P.32 Inquiries
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

18

The Purpose of the World Holdings Group

Contribute to happinessand a sustainable
society through thecreation of a variety ofways we live worldwide

Enabling people worldwide to enjoy evenmore energetic and fulfilling lives will create
happiness and contribute to progress inmany ways, thereby helping to make theworld better.
Our mission is to play a role in the creation ofan energetic and stimulating society where
people can enjoy their lives.

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

19Purpose of the Segments

The ways we work

Human Resources
and Education

We want to help people of all kinds find jobs that best match
their skills and goals in order to enable them to experience thejoy and satisfaction of work. By providing training, we give
people the skills to achieve their full potential, which supports
the growth and advancement of businesses.

The ways we create
communities

Real Estate

Pleasant communities are essential for people to lead enjoyableand fulfilling lives. By designing these communities, we provide
an environment for vibrant and satisfying lifestyles. Activities
place priority on preserving the environment and natural
resources in order to be a responsible member of society.

The
Ways WeLive
The ways we provide
convenience and safety

Information andTelecommunications

We are dedicated to creating the use of today’s advanced
information technology infrastructure for being a source of
convenience and for establishing an environment where
people can enjoy their lives with convenience and confidence.

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

The ways we look to the
futureAgricultural Park

Agricultural parks help protect the environment and conserve
the earth’s resources while giving children a place where they
can grow. By operating these parks, we are playing a role insustainable social progress.

20

Sustainability

Real
EstateReal
EstateAgricultural
Park

Provide products that make houses environmentally responsible andpleasant as well as play a role in creating communities where people
can live with confidence

Agricultural
Park

Help protect the environment and conserve the earth’s resourcesand give children a place where they can grow while enjoying
healthy and educational outdoor activities

Human
Resources andEducation

Reduce poverty by establishing a stable base for people’s lives by
providing suitable jobs for people of all kinds

Human
Resources andEducation

Enable people of all kinds to achieve their full potential by providing
training and high-quality educational programs

Human
Resources andEducation

Maintain workplaces where everyone, regardless of gender, canperform their jobs to the best of their ability

Human
Resources andEducation

Provide jobs that match the characteristics of each individual and create
workplace environments where people can experience the joy andsatisfaction of work; realizing the full potential of people contributes toeconomic growth too

Human
Resources andEducation

Information andTelecommunications

Human
Resources andEducation

Information andTelecommunications

Environment

Society

Use education as a foundation for progress in the manufacturingsector and expand the utilization of the IT infrastructure as a base fortechnological innovation
Real
EstateStronger governance

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

Play a role in the constant advancement of society by using ties witha broad spectrum of industries, the consortium model and otheractivities

Upgrade the fairness, transparency and speed of governance of theWorld Holdings Group
Rigorous compliance program/Even stronger risk management

Governance21

Business Portfolio

Create a Sustainable World.
Use a well-balanced business portfolio for rapid growth and activities that help createa sustainable world
Human Resources andEducation Business

Real Estate Business
Real Estate

私たちは持続可能な開発目標（SDGs）を支援していますThe “Ways We Live”
Products Human Resources
Business
Services Human Resources
Business

Information andTelecommunications BusinessInformation andTelecommunications
Agricultural Park
Business

Agricultural Parks
Establishment of a business model focused on
the ability to respond to changes
Recurring
Diversification
revenue
One-timeof business
Decentralibusinessrevenuezationbusiness
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

22

History

COVID-19 crisis-0.5

Moved to TSE Prime Market

0.7

1.3
0.9

-4.4

Listed on TSE 1st Section (3 months after 2nd Section listing)-0.4

Agricultural Entry into Agricultural Park Business
FARM became a member of the
ParkWorld Holdings Group

1.9

△ 2.2

Established WORLD RESIDENTIAL

Bankruptcy ofLehman Brothers

Real Estate

Started the real estate development business(Company name changed to WORLD HOLDINGS)

0.8
0.5

Shifted to a holding company structure

2.6

-3.4

Real Estate

Start of sales & marketing staffing
business-0.5

Start of R&D staffing businessStart of technology staffing businessStart of factory staffing business

Established Mikuni

Started a residential brokerage anddevelopment business

Established Kyushu Hokubu
RehouseStart of overseas real estate operations

Established WORLD INTEC

Entry into Human Resources and Education
Business

0.0World Holdings GroupEnd of IT bubble
0.7
0.7

Asia currency crisis

Human
Resources andEducation

1.5

-0.9

Listed on JASDAQ

Information and Entry into Information and Telecommunications
Business
Telecommuni- e-support
became a member of thecations

2.0 2.0
1.7
1.4
1.2
0.9

1.9

△ 0.5

2.5

2.3

23
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

3.3

3.3
2.9

2.6

Establishment

End of bubble
Bubble economy

1986

2022

2010 2014 2016 2017
4.8

1981

1985

3.5
3.1
3.9

6.2

2005
1993
4.6

*The background graph is Japan’s GDP.

6.4
6.1

6.3

Main Group Companies

Human Resources and Education Business
Products Human
Resources BusinessWORLD INTEC CO., LTD.
Human resources services(Manufacturing/ Technology/
R&D)
WORLD CONSTRUCTION
CO., LTD.
Human resources services(Construction technology)
Human resources services(Materials)
WORLD INTEC TAIWAN
CO., LTD.
Human resources services(Taiwan)Real Estate BusinessInformation andTelecommunications
Business

Agricultural Park Business

Services Human
Resources BusinessWORLD STAFFING CO.,LTD
Human resources services
Logistics/ Light-duty jobs/ Callcenters

WORLD RESIDENTIAL CO.,LTD.
Development (Kanto)

JW SOLUTION CO., LTD.

World iCity Co., Ltd.

Human resources services(Tourism)

Development (Tohoku)

Dimples’ Co., Ltd.
Human resources services(Sales directly to customers)

WORLD RESIDENTIAL KANSAI
CO., LTD.
Development (Kansai)

Development and operationof the Wakrak daywork
application(Non-consolidated)

Human resources services(China)E-SUPPORTWORLD INTEC CO., LTD.

Comprehensive real estatebusiness

Operation of call centersand storesManagement and operation ofagricultural parks

WORLD MIKUNI CO.,LTD.
Renovation

NETWORK SOLUTIONCROWDWEIGHT CO.,LTD.

M'S WORLD CO., LTD.

WORLD STYLE CO., LTD.
Operation of mobile phone
stores (au)Renovation (Hokkaido)

Nichimo Real Estate Co, Ltd.

Best IT Business Co., Ltd.

Real estate consulting

Corporate solutions

COMPAX Co.,Ltd.

Development (Indonesia) (Non-consolidated)

WORLD GLOBAL SUPPORT CO., LTD.
Support services for foreign intern training programs

OMACHI WORLD Co., Ltd.
Manufacturing of prefabricated house

Repair of cameras and digital equipment
GEOGRAPHIC INFORMATIONOF KYUSHU, INC.
Geographic information system development

Management and operation ofagricultural parks

Condominium and building management

Human resources services (U.S.)

DOT WORLD Co., Ltd.
Clinical research (CRO)

Operation of mobile phone
stores (Softbank)

World Share Selling Co., Ltd.
Sales of prefabricated house
KOKOPELLI Inc.
Real estate Human resources services (Non-consolidated)
Finance BusinessWORLD ASSET MANAGEMENT CO., LTD.

WORLD SYSTEM SERVICE CO., LTD.
Outsourced software development

Real estate fund management(Financial Instruments and Exchange Act) (Non-consolidated)
World Capital Solutions

Outsourced software development

PC schools/ Produces websites

Real estate fund management(Act on Specified Joint Real Estate Ventures)
Mirai Servicing Co, Ltd.
Collection of receivables (Non-consolidated)

Creative Inc.
Human resources services (Manufacturing/ Plant)

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

24

Human Resources
and Education
Business

Business Domains of the Human Resources
and Education BusinessBusiness process outsourcing and staffing services that seamlessly cover abroad range of business domains

Manufacturing domain

Service domain

Products Human Resources Business

Services Human Resources Business

After-sales service

Manufacturing

Design/Development

R&D
Pharmaceutical
BiotechCRO

Semiconductors
Semiconductors
Automobiles
Machinery
Information andElectrics andTelecommunications
electronics

Support for upstream to downstream
processes for manufacturing

About

Tourism
Logistics
E-commerceLightduty jobs

Sales directly
to customers

Call High-volume retailers
Department stores
centers
A strategically targeted approach for rapid
growth in the services domain

34,800 workers in service

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

Tourism industry*As of March 2023

25

Real EstateBusiness

Business Domains of the Real Estate Business

Building an infrastructure able to adapt to any change in thebusiness climate
Real estate for investment

Real estate trust
beneficiary rights

Development

Real estate revitalization

Real estate financeCondominiums/Detached houses

Renovation

Commercial land development

Conversion

Assetmanagement

Conduct business mainly in major
cities of the Tohoku, Tokyo
Metropolitan, Kinki and Kyushu areas

Conduct real estate revitalization
business, such as renovation,around Japan

Real estate fundmanagement

Examples of renovation

BIZIA Koujimachi Building

Residential Aoba Hirosegawa(Sendai, Miyagi)

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved26

Information andTelecommunications
Business

Business Domains of the Information andTelecommunications Business

Mobile phone shop

Corporate solutions

The largest network of stores in Kyushu

We propose the reduction of costs for electric

Mobile phone shops in Fukuoka, Saga, Oita,
Nagasaki, and Okinawa
Prefectures

power, communications, etc. by selling our
products to corporations▍Comprehensive cost reduction solutions• Softbank Shops• au Shops

福岡

Air
conditioners
forbusiness use

Monitoring
cameras佐賀

LEDlighting

Smartphones

長崎
大分

熊本

33 stores
As of December 2022

宮崎

PCs

Security

鹿児島

Water
dispensers

Supplies

Multifunction
machines

Telephonesystem forbusiness use

Internetlines▍Call center
沖縄

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

Sale of various products
for individuals and corporations

27

Agricultural Park
Business

List of Agricultural Parks
Operation of nature-rich agriculturalparks, etc. at 14 locations around Japan
Operation of a total of 14 facilities, including 4 directly
managed facilities and other entrusted facilities

Deepen regional roots and contribute to
the regional economy and job creation

Minokamo Rest Area
Shiga Agricultural Park

Blumen Hugel Directly
managed
Farm
Kanzaki Farm Park

Comorebi

Ibaraido Forest

Ama Site Park

Yodel Forest

Directly
managedChiba Zoological Park

Fureai Dobutsu-no-Sato
Niimi Chiya Onsen Ibukinosato
Nagai seaside Park

Soleil Hill

Hibikinada

Green Park
Sakai Greenery Museum

Harvest Hill
Kitakyusyu Municipal

Sougou Nouji Center
We also produce and sell
homemade sausages,
confectionery, beers, etc.

Wakayama Castle
Zoological Park
Ohashi Kogen International
Exchange Village
Okayama Forest Park

German Forest
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

Directly
managedDirectly
managed28

Business Performance Trend(Billion yen)

201.3

Human Resources and Education Business(Billion yen)
200.0Real Estate Business

183.6

Information and Telecommunications Business

FY2016FY2020Agricultural Park Business

Listed on 1st
section of TSE

COVID-19 crisis

Operating profit (right axis)

7.4
FY2010FY20085.1

Bankruptcy ofLehman Brothers

100.0
FY2006

50.0

142.8

7.0

136.3
6.2

6.0

5.0

94.3

4.7
4.0

56.4

53.0

3.0

37.8

2.1

32.1

29.0
1.3

2.0

1.2

1.0

0.0

7.0

87.9

48.7

34.8

0.9

7.4

68.8
3.7

Entry into Information
and Telecommunications
Business
Listed on JASDAQ

46.4

8.0

143.5

127.1

Entry into Real EstateBusiness

9.0

8.9

154.7

7.3
150.0

9.9 10.0

0.3

0.3

1.0

0.5

FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023

0.0

Plan
Created businessfoundation (early days)

New Medium-term Management
Plan 2007 to 2009

Used internal resources forenhancing governanceMedium-term Management
Plan 2010 to 2013
New Medium-term Management
Plan 2012 to 2016

Expansion based onbalanced management

New Medium-termManagement Plan 2021

Medium-termManagement
Plan 2026

Note: The former segments had been used until FY2021, and the new segments are used for FY2022 and the plan for FY2023.
Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

29Medium-term Management Plan

A good start in the plan’s first year

▍2026 Targets

Benefits of a diversified portfolio spanningmany industries◼ Education and Training was the primarysource of growth

Net sales◼

Operating profit Payout ratio¥275.0 billion ¥15.0 billion

30%

The
first year results
初年度実績

AgainstInitial plan

Human Resources and Education Business

Real Estate BusinessInformation and Telecommunications Business

Agricultural Park BusinessNet sales

Operating profit(Million yen)

8.8％+
270,000

17,000Medium-term Management Plan 2026

Operatingprofit15,00043.0％+

13,000220,000

11,000170,000
9,000
120,000

7,000

70,0005,000
FY2021(Results)

FY2022(Initial plan)

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved

FY2022(Results)

FY2023(Plan)FY2024(Plan)FY2025(Plan)FY2026(Plan)

30

Reference: 2021-2022 Quarterly Performance▍Net Sales and Operating Profit
FY2021
Net sales: ¥154,704 million(Million yen)

Human Resources and Education
Real Estate
Information and Telecommunications

50,000Agricultural Park

4,000

Net sales

60,000

FY2022
Net sales: ¥183,640 million （YoY +18.7％)

3,500

Operating profit

3,000

40,0002,500

30,000

2,000
1,500

20,0001,000
10,000500

002021/1Q
FY2021/1Q

2021/2Q
FY2021/2Q

2021/3Q
FY2021/3Q

2021/4Q
FY2021/4Q

2022/1Q
FY2022/1Q

2022/2Q
FY2022/2Q

2022/3Q
FY2022/3Q

2022/4Q
FY2022/4Q

23,19925,042

26,68430,066

29,11332,74133,861

37,164

Real Estate

6,783

3,697

6,587

19,908

8,735

8,815

9,337

11,155

Information andTelecommunications

2,443

2,501

2,351

2,070

2,157

2,436

1,882

1,923

Agricultural Park

605

773

863

1,124

704

1,502

1,056

1,050

Human Resources
and Education

888

982

1,009

1,119

1,280

1,317

1,490

1,091

Real Estate

740

-340

513

2,063

-57

1,644

491

1,102

4

89

39

-14

-37

113

-23

72

Agricultural Park

-68

-26

-28

102

-89

273

-39

13

Operating profit

1,682

769

1,663

3,366

1,214

3,415

1,992

2,307

Human Resources
and Education

Net sales
Segment profit

Information andTelecommunications

Copyright © WORLD HOLDINGS CO., LTD. All Rights Reserved31Inquiries

The “Ways We Live”

No information in this presentation is provided for the
purpose of soliciting purchases or sales of our stock.
Furthermore, opinions, forecasts and other information notbased on historical facts represent our judgments at thetime this presentation was prepared.
We do not guarantee the accuracy of this information andmay revise this information at any time without prior notice.
We and other providers of this information assume no
responsibility whatsoever for any losses incurred inassociation with the information in this presentation.

Norio Nishihara
Public and Investors Relations OfficeWORLD HOLDINGS CO., LTD.

Copyright © WORLD HOLDINGS CO., LTD. All Rights ReservedTEL:+81(0)3-3433-6005

E-MAIL:irinfo＠world-hd.co.jp

URL:

https://www.world-hd.co.jp/

32