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WORLD CO ( (JP:3612) ) just unveiled an update.
World Co., Ltd. and Narumiya International Co., Ltd. have announced a share exchange agreement, making Narumiya a wholly owned subsidiary of World. This strategic move aims to enhance World’s brand portfolio by integrating Narumiya’s expertise in children’s clothing, thereby strengthening their market position and fostering sustainable growth. The share exchange is set to be completed by October 1, 2025, with Narumiya’s shares being delisted prior to this date.
More about WORLD CO
World Co., Ltd. operates in the fashion industry, focusing on creating a unique ‘Fashion Ecosystem’ that minimizes losses and waste. It offers a variety of fashion products and services, aiming for sustainable growth through business portfolio improvement, multi-channel store openings, and rejuvenation strategies. Narumiya International Co., Ltd. specializes in the babies’ and children’s clothing market, focusing on brand development, customer relationship management, and exploring new business opportunities.
Average Trading Volume: 118,672
Current Market Cap: Yen86.97B
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