2021
Full-Year
Securities Code: 2429

Business
Report2021

January 1, 2021

December 31, 2021

Contents
01

Our Purpose

02

Interview with the President

05

Medium-term Management Plan 2026

07

Business Segment Overview

09

Sustainability

10

History / Major Affiliated Companies

Our Purpose

Achieving happiness forpeople and the sustainable
development of society bycreating the “ways we live”
on a global scale

Human Resources andEducation Business

Real EstateBusiness

Shaping ways of working

Shaping the way we live through home creation

Contributing to the development of industry
by helping people find the right job, allowing
them to feel the joy of working with vitality,and by bringing out people's latent potential
through education

Contributing to society by designing thecommunities that are the basis of people's lives
to be more comfortable, livable, and respectful ofthe environment and natural resources

If everyone around the world could live and workwith more vitality, the world would be a happier, moredeveloped, and better place. Our mission is to create sucha livable society full of vitality.

The Ways
We Live

Information andTelecommunications
Business

Agricultural Park
Business

Shaping convenience, safety, and security

Shaping the future

Contributing to the enrichment of society bycreating a safe and secure living environment for
all through the convenience provided by the
spread of new IT infrastructure

Supporting the sustainable development ofsociety by conserving the environment andnatural resources and providing the nurturing
environment necessary for the growth of thechildren who are our future01

Interview with the President

We are working to solve social issues bydeveloping a variety of interlinked, people-centricbusinesses.
The World Holdings Group has redefined and clarified its purpose and is starting its Medium-term Management
Plan 2026. We asked Chairman and President Eikichi Iida about the Group’s new efforts to achieve the happinessof people and the sustainable development of society through its businesses.

Eikichi Iida

Chairman and President

FY12/2021:
Overview of Business Activities
Like the previous fiscal year, FY12/2021 was marked
by a harsh economic environment due to the
COVID-19 pandemic. However, thanks to the stable
management structure based on our strategic
business portfolio, as well as to the particularly
strong tailwind provided by the Human Resources
and Education Business, which is our core business,
the Group achieved record consolidated net sales,
operating profit, and ordinary profit. The following
report is an overview of our main business activities.

Human Resources and Education BusinessIn the manufacturing domain, performance in the areaof semiconductors, which we have been focusing on forsome time, was strong. Our efforts during the last two
tumultuous years of the pandemic, especially thedevelopment of human resources while prioritizing theprotection of jobs, have borne fruit, allowing us to later02

quickly fill large orders. This resulted in our strong
performance.
Another factor was the restructuring of the staffing
in the automotive industry, which was caused by thesevere pandemic-induced decline in both automotive
production and sales volume from the previous year.
Rebound demand allowed us to capture many
additional temporary staffing orders.
In the service domain, performance in the logisticsrelated area, which is one of our strengths, continued to
grow significantly, thanks largely to the development of
new business bases. We were also able to capture
special demand stemming from the COVID-19
pandemic and the Olympics, as well as year-end
peak demand, leading to an increase in businessperformance.

Real Estate BusinessWith prices in the real estate market remaining highlonger than expected, we prudently operated at an
appropriate scale.

On the procurement side, we have launched a new
initiative utilizing a new real estate M&A approach.
Japan has seen a wave of business owners withconcerns about the business succession amid the
COVID-19 pandemic. Their foremost concern is how toprotect their employees after a successor takes over. In
many of these cases, business owners are selling theirreal estate along with their business. The Group iscapable of meeting these complex needs by notpurchasing their real estate, but also bringing theiremployees on board as our own employees, andproviding them with the right jobs. This is something thatneither a real estate company nor a staffing service
company can do on its own, and we believe it shows
the strength of the Group’s distinctive inter-businesscollaboration.

expansion and have instead chosen to watch economic
trends.
With this policy of avoiding excessive expansion, theinitial plan was not achieved. This was due at least inpart to our restraint regarding excessive M&As, and our
cautious approach to the Real Estate Business.
However, we were able to achieve strong growth in our
Human Resources and Education Business, which is
our core business. In this way, we were able to achieve
record-high net sales, operating profit, and ordinary
profit by growing on our own, even under these
unprecedented circumstances.

The Ideas behind Medium-termManagement Plan 2026
For details, please refer to “Medium-Term Management Plan 2026” on pages 5–6.

Review of Previous Medium-termManagement Plan 2021
While the Group managed to almost double its sales
in just a few years after the 2008 financial crisis, werecognized the need to create a structure for further
growth. For this reason, when formulating our mediumterm management plan, we decided not to take anexpansionary course during the first two fiscal years of
the plan. We instead aimed to strengthen our businessstructure during this period before accelerating growthin the latter three fiscal years of the plan.
However, in the latter three fiscal years of the plan,
the bubbles in the M&A and real estate markets caused
by a greater-than-expected money glut continued. At
the same time, the COVID-19 pandemic that began in2020 brought about massive changes in society. In
response to this trend, we have refrained from excessive

The new medium-term management plan beginning in
FY12/2022 aims for even higher growth. It especially
focuses on growing our Human Resources andEducation Business.
The environment surrounding the staffing industry ischanging dramatically. The industry has a variety ofchallenges, including the challenge of meeting theneeds of companies that are increasingly utilizing
outsourcing, the shift of employment styles from“membership-based” employment to “job descriptionbased” employment, the diversification of worker
preferences, and the increasing weight of the service
industry in Japan. As such, we believe that the staffing
industry, which allows the right people to be dynamicallyplaced in the right jobs, is playing an increasingly
important role in society.

03

Further focusing on education as a staffing company
In the era of lifetime employment, companies put great
efforts into educating their human resources. However,this trend seems to be fading as the diversity of work
styles continues to increase. Since our establishment in
1993, we have used the term “Human Resources andEducation Business” as opposed to a “Staffing
Business.” This is because we believed that the time
would come when staffing companies would take over
the responsibility of educating, training, and improving
the skills of workers from businesses. In the new
medium-term management plan, we intend to focus
even more on education.

Covering an even wider range of fields
Since our establishment, we have grown by focusing on
the manufacturing domain. However, we would like toaddress various social issues by growing the service
domain as another pillar of our business. The market
size of the manufacturing domain is said to be ¥3.5
trillion, while that of the service domain is around ¥6.5
trillion. The service domain holds truly great potential.
As a company that aims to create the “ways we live,”
we will continue contributing to the happiness of people
and the sustainable development of society by meetingthe needs of various companies while creating
opportunities for more people to succeed.

Strategic segmentation change
For details, please refer to “Notification of segment changes” on page 6.

Based on the aforementioned strategy, the Human
Resources and Education Segment will be divided into
the manufacturing domain under the name Products HR
Business and the service domain under the nameConsolidated Financial Highlights
Net sales
Service HR Business. We intend to achieve further
growth through these two pillars.
In addition, the Group welcomed into its ranks
Dimples Co., Ltd. at the end of February 2022. This
staffing company has focused on dispatching andintroducing customer service personnel, leveraging its
high hospitality prowess and knowledge of the customer
service and sales field cultivated in the department
store industry. With it as one of our core Service HR
Business companies, we expect to see further growth in
this area.

Operating profit¥154,704
7.8%

YoY change

143,571

154,704

FY12/
2020

FY12/
2021

¥7,481
19.7%

millionYoY change

168,828

FY12/2022(forecast)

FY12/
2020

The Group has long been developing its business in awide range of areas in order to ensure the stability of its
management. While we have a truly wide variety ofbusinesses, including Human Resources and Education,
Real Estate, Information and Telecommunications,and Agricultural Park, they are all tied together
by our desire of achieving happiness for people and thesustainable development of society by creating the“ways we live.” Whether we are shaping ways of working,convenience, safety, and security for all, the way welive through home creation, or the future, we intend
to contribute to society through a variety of businesses
linked by people.
Moving forward, we will continue to address social
issues as a corporate group capable of creating diverse
proposals for the “ways we live.” We ask all of our
stakeholders for their continued support of the Group in
the future.

5,913

6,053

FY12/
2020

4,626

FY12/2022(forecast)

FY12/
2021

DOWN

YoY change

UP

FY12/
2020

Statement of cash flows (¥ million)

FY12/
2021

3,862

FY12/2022(forecast)

Dividends

Liabilities and net assets

Current assets
Non-current assets

Current liabilities
Non-current liabilities

97,269Net assets

97,26979,157

79,15747,185

68,132

million

7,738

6,786

FY12/2022(forecast)

Balance sheet (¥ million)

Message to Our Stakeholders

YoY change

UP

6,244

FY12/
2021

¥4,62621.8%

million

7,481
6,251

Assets¥7,73814.0%

millionUP

Profit attributable toowners of parent

Ordinary profit

34,63786,08811,024

11,180End of FY12/
2021

Cash flows
from investing
activities

End of FY12/
2021

Cash andcash equivalents at
end of period

30,748-1,782

22,817

16,856

Cash flows
fromoperatingactivities

30,06133,226

Cash flowsfromfinancing
activities

1,370

7,990

End of FY12/
2020

End of FY12/
2021

14,458End of FY12/
2020

Cash and cash
equivalents at
beginning of
period¥79.5
per share

FY12/
2021

FY12/2021 Overview of Consolidated Financial Results
FY12/2021 (plan)
Plan (¥ million)

Human Resources andEducation BusinessNet sales

101,940

Segment profit

6,675

Net sales

36,509Segment profit

2,915

Net sales
Information andTelecommunications Business Segment profit

9,338

Real Estate Business

Others

Total

04

104

Net sales

3,567

Segment profit(112)

Net sales

Profit margin (%)

Elimination or corporate(2,265)
7,316

Profit margin (%)

104,487
6.5

7,104
2,977
118

+2.5

+28.8

+6.4

(23.1)+1.3

8.1(16.1)

+2.1

+2.6

+0.3

1.3

(50.8)

+13.8

+20.5

+8.6

3,872
—

6

0.2

154,704(2,724)
4.8

7,481

Vs. Plan (%)

6.8

9,367
1.1

YoY (%)+25.7

36,9778.0

151,354

Operating profit

FY12/2021
Actual (¥ million)

4.8

—

—

+7.8

+2.2

—

—

+19.7

+2.3

Medium-termManagement Plan

Overview of Medium-term Management Plan 2026

2026

Create a Sustainable World

Reflecting on the Previous
Medium-term Management Plan
Under Medium-term Management Plan 2021 (covering the fiveyear period through FY12/2021), we aimed at steady growth rather
than expansion, while revising our plan as necessary along theway. This approach was in part based on our belief that thegreater-than-expected money glut could be a risk. We have built afoundation for growth on our own, without relying on expansion
through M&As.

Overall Strategy

Steady growth even amid the COVID-19 pandemic led
to record-high net sales and operating profit

Profits

Sales(¥ billion)
Net sales

Human Resources andEducation Business

Real EstateBusiness

Products HR

Real
EstateProfits were lower than expected due to a change in the plan for
the Human Resources and Education Business that shifted our focus toemployee development and investing in education.
Sales from the Real Estate Business were lower than planned due toprudence we showed in the face of the real estate bubble continuing
longer than expected, the sale of a subsidiary, and other factors.
¥175.0COVID-19
pandemic

billion¥8.0 billion

180
150

This phrase was chosen to represent Medium-term Management Plan 2026 because it conveys that
our aim is to create a sustainable world and that the next five years will be a period for building thefoundation for the World Holdings Group’s sustainable existence.
In this medium-term management plan, we aim to further accelerate the growth of our core Human
Resources and Education Business while achieving high growth and create a sustainable world
through a well-balanced business portfolio consisting of four businesses including our Real
Estate Business, Information and Telecommunications Business, and Agricultural Park Business.

¥136.3billionAll-time
record¥154.7¥143.5billionbillion¥ 7.4 billion

120¥6.2 billion

90

Operatingprofit9.0

Service HR

Creating theWays We Live

7.5

Building a business modelemphasizing adapting withagility to change

60

3.0

30

1.5

Business diversification

One-off businesses

0Geographic diversification

Recurring businesses

0

2019
performance2020
erformance

Medium-termManagement Plan 2021

Human Resources and Education

Real Estate

Information and Telecommunications

Others2021
performance

Information andTelecommunications
Business
Information andTelecommunications

6.0
4.5

¥ 4.7 billion

We support the Sustainable
Development Goals (SDGs).

Operating profit

05

Agricultural Park
Business
AgriculturalPark

Notification of segmentchanges

Medium-term Management Plan 2026 Targets¥275.0 billion (up 77.8%)¥15.0 billion (up 100.5%)
Payout ratio:
30%
Net sales:

Net sales:

2021 performance

Operating profit:
Payout ratio:

2026
Targets¥154.7 billion¥7.4 billion
30%

Operating profit:

Operatingprofit to be
more thandoubledMedium-term Management Plan 2026(¥ billion)
Net sales

Operating profit

270

17

220

14

11

170

120

70

2021

2022

Human Resources and Education

Real Estate

2023
Information and Telecommunications

Human Resources andEducation Business toprovide a big tailwind

Segment net sales

2025

2026

2024
OthersUp 85.3%

8

5Operating profit

Deepening
Manufacturing
domainProducts HR

Aiming for further growth bycovering a wide range ofdomains through¥6.5 trillion market withgrowth potential
two pillars＋α

Old Segments

Factory
Staffing

Until now, the manufacturing domain has been the core of our Human Resources and Education Business. In order to further
accelerate the growth of the business, we will take on the challenge of making a full-fledged entry into the vast service market.

¥3.5 trillion market withgrowth potential

Strategic Segmentation Change

Human
Resources andEducation

Human Resources and Education Business Strategy

Market restructuring
due to the oligopolization ofexisting domains andstructural changes
in industry

Based on the strategy set forth in Medium-termManagement Plan 2026, we will revise oursegmentation. We will strive for further growthby making the Products HR Business(manufacturing domain) and the Service HR
Business (service domain) the two pillars of the
Human Resources and Education Business.

Expansion

Education

Service Domain

Strengthening employee retention
through education

Service HR

Becoming the No. 1 HR platform provider

06

Massive existing market andhigh potential for
additional growth

New Segments
Human
Resources and Education

Products
HR

Aiming to be theNo.1 brand byintegrating every
part ofmanufacturing, from
R&D to production

Service
HR

Integrating
service-related jobs
in areas such as
logistics (light-dutyjobs), tourism,
customer service
sales, and contact
centers andexpanding them as
another pillar

Logistics

Technology
Staffing

R&D
Staffing＋αSales &
MarketingStaffing

Real Estate

Real Estate

Information
andTelecommunications

Information
andTelecommunications

Other
Businesses

Agricultural
Park

Generating synergy
by promoting
collaboration between
segments

Business Segment Overview
Design anddevelopment
Machinery/Electricity/
Electronics/System
integration design anddevelopment

Human Resources and Education BusinessWe provide human resources services including subcontracting and temporary staffing
capabilities that offer broad coverage extending from upstream to downstream processes in the
manufacturing sector, such as research, design, and production, as well as the services sector
including logistics, sales, and call centers. By seamlessly linking these fields, we are responding
to a wide range of corporate needs and providing ample opportunities for our workforce toadvance their skills and careers.

Business
Overview

Segment sales¥104,487

million¥7,104

25.7% U P

Segment sales (¥ million)

million28.8% U P

Technology Staffing

Factory Staffing

Technology Staffing

R&D Staffing

Sales & Marketing Staffing

R&D Staffing

Sales & Marketing Staffing

67.5%

8.7%
20.5%

7.7%
4.6%

7,104

7.0%

17.7%

5,515
15.3%

12.5%

Composition of Temporary
Placement Workforce (3-month average) (People)
Factory Staffing

Technology Staffing

R&D Staffing

Sales & Marketing Staffing

1,541
1,120

30,55927,543

3,122

2,778
22,103

FY12/2020+3,016

23,677

FY12/2021

2,550
1,210

Sales/Light-duty jobs/
Call centers

Technology Staffing

5.0%

With all categories of this business recovering from the COVID-19 downturn, we strove to enhance
our outsourcing business through seamless collaboration between the Technology Staffing Businessand the Factory Staffing Business, especially in the bullish semiconductor area, as well as throughcollaboration between Group companies in the information and telecommunications field.

0.3%

67.7%

FY12/2021

Sales

Repair/Maintenance

As a result of prioritizing continued human resources development and other efforts to maintainemployment even amid the COVID-19 pandemic, we were able to respond with agility to the increasein various orders accompanying the economic recovery. This became a major source of increased
sales and profits.

31.4%

We worked to enhance the skills of our engineers through training and to help advance their careers
through strategic placement, thereby increasing profitability by providing customers with engineering
capabilities of an even higher quality.

51.1%
47.8%

FY12/2020

After-sales
services

Performance was strong in the semiconductor-related area including 5G, an area on which we haveplaced a strategic focus. This, combined with other factors such as an increase in automotive-relatedorders and the development of new logistics bases, led to a significant increase in both sales and profit.

36.6%
66.3%

Logistics
Logistics warehouse/
3PL

Factory Staffing

Segment profit (¥ million)

Factory Staffing

83,142

One-Stop
Service

YoY change

104,487

Sales composition

Manufacturing line/
Maintenance andservice

FY12/2021 Overview

Segment profit
YoY change

R&D
Biotechnology/
Chemical research/
Clinical research

Manufacturing

FY12/2020

FY12/2021

R&D Staffing

The workforce increased significantly in our
mainstay Factory Staffing Business and our Sales &Marketing Staffing businesses.

With the continuing strength in all categories including biotechnology, chemicals, and analytics in the
medical field, our mainstay research personnel staffing business saw record-high level of orders
thanks in part to the capture of a portion of the COVID-19-related demand and to strategic efforts to
expand to new business areas.

The temporary placement workforce increased in thesemiconductor and machinery sectors due to strong
5G-related demand.

Sales & Marketing Staffing

Establishment of new business sites for logistics andother activities contributed to a sizable increase in
the temporary placement workforce.

Solid growth in areas such as call center staffing and light-duty task staffing and the capture of
special demand arising from the COVID-19 pandemic and the Olympics led to a significant increasein both sales and profit.

Demand related to the COVID-19 pandemic andOlympics increased the temporary placement
workforce in sales and marketing enrollment.

We expanded the business by establishing new call centers, shifting staffing service contracts for
personnel performing light-duty tasks and salespeople at stores to subcontracting agreements, andseeking BPO-related orders.

07

Information andTelecommunications Business

Real Estate BusinessBusiness
Overview

This comprehensive real estate business encompasses real estate development,
renovations, prefabricated houses, and other activities directly related toproperties, and focuses on the recently started real estate finance business.

Business
Overview

Segment sales

Segment profit

Segment sales¥36,977

million¥2,97723.1% DOWN

Segment sales (¥ million)

million16.1% DOWN

3,550
4.8%

Sales composition

23.9%

27.0%

Business
Overview

2,977

36,977
6.4%
20.6%

68.2%

73.0%

Segment sales
FY12/2020

FY12/2021

2.6%

UP

YoY change

million50.8% DOWN

Sales
composition

6.1%

Other Businesses

Segment profit (¥ million)

Prefabricated homes

48,081

million

The industry is again experiencing a period of major reform due to factors such as theintroduction of new rate plans only available online. Within this context, we made investments
including the implementation of sales promotion measures and human resources development inorder to build a superior store network. This resulted in a large but temporary decrease in profits.

YoY change

Real estate development
Renovations¥9,367¥118

YoY change

FY12/2021 Overview

Segment profit
YoY change

The main activities are the operation of SoftBank, au,and other mobile phone stores having close ties withthe markets they serve, the provision of solutions forcorporate clients, and telemarketing.

FY12/2020

FY12/2021

Segment profit

FY12/2021 Overview

This category includes the operation and managementof 13 agricultural parks with the theme of harmony
among nature, people, and society, as well as
personal computer schools, website production, andother services.

¥3,872¥6

YoY change

million

20.5%

UP

YoY change

million206

millionUP

Sales
composition

2.5%

FY12/2021 Overview

With property prices in Japan remaining high, we achieved an improvement in profit margins by steadily
delivering properties as planned and by promoting sales through carefully targeted marketing. Whilemaintaining our cautious stance regarding acquisitions, we prepared for the next fiscal year and beyondby leveraging the synergies between our expertise in business site development and our Human
Resources and Education Business to steadily acquire prime properties.

In the operation and management of agricultural parks, due to the COVID-19 pandemic, ourflagship facility, Sakai Green Museum Harvest Hill in Osaka, was forced to temporarily close
during its busy spring and summer season, dealing a big blow to the business. Despite this fact,
visitors in the fourth quarter significantly exceeded that of the previous year, and a steadyrecovery continued, resulting in an overall increase in both sales and profit.

08

Sustainability

The Sustainability of World Holdings
By continuing to create the “ways we live,” we aim to achieve happiness for people and the sustainable development of society.
We will continue to work together as a Group to contribute to society by addressing and solving social issues through our businesses.

Achieving happinessfor people and thesustainable developmentof society by creating the“ways we live” on a
global scale

The Ways
We LiveReal
EstateAgricultural
Parks

Developing communities where people can live with peace of mind byproviding comfortable yet environmentally friendly living facilities

Real
EstateAgricultural
Parks

Maintaining an environment conducive to the sound development ofchildren by protecting nature and conserving the earth’s resources

Human
ResourcesandEducation

Eliminating poverty by providing everyone with the right job,
helping them build stable livelihoods

Human
ResourcesandEducation

Bringing out people’s latent potential through human resource
development and high-quality education

Human
ResourcesandEducation

Providing workplaces for everyone, regardless of gender

Human
ResourcesandEducation

Providing the right job to everyone and creating an environment
where they can feel the joy of work, bringing out their latent potential andleading to economic growth

Human
ResourcesandEducation

Human
ResourcesandEducation

We support the Sustainable
Development Goals (SDGs).

Information
andTelecommunications

Real
EstateInformation
andTelecommunications

Strengthening
Governance

Environmental

E

SocialS

Supporting the manufacturing industry and creating a foundation fortechnological innovation through the spread of new infrastructure

Contributing to the sustainable growth of society through a variety of approaches,
including collaboration with diverse industries and consortium models

Strengthening and promoting the fair, transparent, and swift governance ofthe entire Group; enforcing compliance; and enhancing risk management

09

GovernanceGHistory / Major Affiliated Companies

Growth andDiversification
The stability and balance of thebusiness operations of World
Holdings date back to the 1981
establishment of a diversified realestate company called Mikuni
Sangyo (now MIKUNI Co., Ltd.) by
Eikichi Iida, the current chairman
and president of World Holdings.
The failure of many real estatecompanies after Japan’s real estate
bubble burst reinforced Iida’s
commitment to stability andbalance. This led to subsequent
entries into multiple businesses.

February 1993

December 2005

Started the Human Resources andEducation Business
EstablishedWORLD HOLDINGS CO., LTD.

Started the Real Estate Businesse-support, Inc. became an affiliate of
the World Holdings Group

Established WORLD RESIDENTIAL Co., Ltd.

(formerly WORLD INTEC CO., LTD.)

February 2002

Started the Technology
Staffing BusinessStarted the R&D
Staffing Business

April 2005
Started the Sales &Marketing Staffing Business

Global financial crisis

0.9

2006/12

1.3

2007/12

87.9

68.8

48.7

34.8

29.0

7.3

127.1

143.5
136.3

32.1

1.2

2.1

2012/122013/120.3

2009/122010/12

94.3

5.1

4.7

3.7

2011/12

2014/122015/12

July 2014

Listed on the JASDAQ Securities Exchange

6.2

6.2

0.5

0.3

February 2005

53.0

56.4

7.4

37.8

1.0

2008/12

142.8
7.4

154.7

7.0

Although this crisis had a severe negative
impact on the Human Resources andEducation Business, performance was
supported by the Information andTelecommunications Business, the Group’s
second core business, leading to steady
growth in the following years.

46.4

168.8
(forecast)June 2019
Started the Real Estate
Finance BusinessStarted a real estate business to take advantage ofopportunities created by the big decline in the numberof real estate companies in Japan caused by the
global financial crisis

2008(¥ billion)
Operating profit

Net sales

Started the Information andTelecommunications BusinessWe focused on the human resources service
business industry, which was relatively unknown
in Japan at the time, and the new scheme of
subcontracting services. WORLD INTEC (whichstarted operations with the current Factory
Staffing Business) was established with the goalof helping manufacturers in Japan become costcompetitive again as well as contribute to stable
employment.

June 1997

April 2010

Company name changed to WORLD HOLDINGS CO., LTD.,
shifting to a holding company structure

2016/122017/122018/122019/122020/122021/122022/12

March 2016

Listed on the Second Section of the Tokyo Stock Exchange

June 2016

Moved up to the First Section of the Tokyo Stock Exchange

Major Affiliated Companies: 38 (34 Consolidated Subsidiaries, 4 Non-Consolidated Subsidiaries) (As of December 31, 2021)
Human Resources and Education Business

Real Estate BusinessInformation and Telecommunications BusinessConnecting people to jobs, a new way of working

Connecting people with homes shaping the way we live through home creation

Bringing people together through new styles of communications withinformation technologies

Agricultural Park Business

The Ways
We Live
Finance10Corporate Data (As of December 31, 2021)
Name

World Holdings Co., Ltd.

EstablishedFebruary 12, 1993

Share capital¥1,250 million

Representative

Eikichi Iida, Chairman and President

Number of employees

26,701 (consolidated)Fukuoka Head Office:
6F, Fukuoka Asahi Building, 2-1-1 Hakata Ekimae, Hakata-ku,
Fukuoka-shi, Fukuoka 812-0011, Japan
Phone: +81-92-474-0555 Fax: +81-92-474-0777
Kitakyushu Head Office:11-2 Otemachi, Kokurakita-ku, Kitakyushu-shi,
Fukuoka 803-0814, Japan
Phone: +81-93-581-0540 Fax: +81-93-581-0542

LocationsTokyo Head Office:
4F, NBF COMODIO Shiodome, 2-14-1 Higashi-Shinbashi, Minato-ku,
Tokyo 105-0021, Japan
Phone: +81-3-3433-6005 Fax: +81-3-3433-6003
Businesses related to the entire group including the formulation ofmanagement policies for the holding company and group companies aswell as management of the group’s business operations (Human
Resources and Education Business, Real Estate Business, Information andTelecommunications Business, and Other Businesses)

Businesses

Executives(As of March 18, 2022)

Eikichi Iida

Soichi Kawamoto

Toru Iwasaki

Yuichi Hasegawa

Shigeru Nakano

Masayoshi Nuki

Hitoshi Yukawa

Shingo Igarashi

Shinji Honda

Shigeyuki Takemura

Katsuhiro Kuriyama

Kazumi Ono

Masaaki Shiomi

Kazuyuki Yamamura

Toshihiko Kanno

Mitsuo Koga

Yuji Shirakawa

Tetsuo Kato

Chairman and President
Director
Director
Director
Director
Director
Director
Director

Director (Outside)

Director (Outside)

Director (Outside, Independent)
Director (Outside, Independent)
Director (Outside, Independent)
Director (Outside, Independent)

Stock Information (As of December 31, 2021)

Treasuryshares0.65%

Number of authorized shares: 54,000,000

Foreignentities,
etc.
19.37%

Number of shares outstanding: 17,575,900

Financial
instruments
firms
0.85%

Other
entities
45.46%

Major Shareholders
Number of shares held

Shareholding ratio

Mirai Research Institute, Limited

Name of shareholder

7,965,000

45.62%The Master Trust Bank of Japan, Ltd. (Trust Account)

1,023,500

5.86%

BNP PARIBAS SECURITIES SERVICES LUXEMBOURG/JASDEC/FIM/LUXEMBOURG FUNDS/UCITS ASSETS
Standing proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch

800,000

4.58%

The Kitakyushu Bank, Ltd. Standing proxy: The Master Trust Bank of Japan, Ltd.

709,200

4.06%

Nanko Abe

500,000

2.86%

Custody Bank of Japan, Ltd. (Trust Account)

498,000

2.85%

Eikichi Iida

496,500

2.84%

BBH FOR FIDELITY LOW-PRICED STOCK FUND (PRINCIPAL ALL SECTOR SUBPORTFOLIO)
Standing proxy: MUFG Bank, Ltd.

449,880

2.57%

THE NISHI-NIPPON CITY BANK, LTD.

300,000

1.71%

STATE STREET BANK AND TRUST CLIENT OMNIBUS ACCOUNT OM02 505002
Standing proxy: Mizuho Bank, Ltd., Settlement Sales Department

180,300

1.03%

Note: The shareholding ratio is calculated after deducting treasury shares (113,573 shares).

Memorandum for Shareholders
Business year

January 1 to December 31

Annual General Meeting of
Shareholders

March

Shareholder registry andspecial account administrator

Mitsubishi UFJ Trust and Banking Corporation
Securities Agency Division, Mitsubishi UFJ Trust and Banking Corporation
1-1 Nikko-cho, Fuchu-shi, Tokyo, Japan

Address

Contact: 0120-232-711 (toll-free in Japan)
Mailing address: Securities Agency Division, Mitsubishi UFJ Trust and Banking
Corporation, P.O. Box 29, New Tokyo Post Office, 137-8081

Audit and Supervisory Board Member (Outside)
Audit and Supervisory Board Member (Outside)

Financial
institutions
17.35%

Shareholder
Composition

Number of shareholders: 2,924

Director (Outside, Independent)
Audit and Supervisory Board Member (Full-time)

Individuals/
others
16.34%

Method of public notice

Notices will be posted in electronic format on our website (https://en.world-hd.co.jp/).
However, notices will be published in the Nihon Keizai Shimbun when electronic
notifications are not possible for unavoidable reasons.