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Edge20 Feb 2026
Dollar General: The Rural Retailer Playbook
How Dollar General built a small-box empire across rural America, scaling value and convenience into one of retail's most durable business models.
World Holdings
World Holdings (2429) investor relations material
World Holdings Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary13 Feb, 2026
Executive summary
Net sales rose 17.4% year-over-year to ¥284,350 million, with operating profit up 25.9% to ¥10,820 million and profit attributable to owners of parent up 32.9% to ¥6,620 million, driven by a diversified business portfolio and strong Human Resources and Education segments despite an uncertain business climate due to U.S. tariffs.
Ordinary profit and net income exceeded plans, supported by subsidy income and other factors.
Comprehensive income increased 38.1% year-over-year to ¥7,226 million.
Financial highlights
Operating profit margin improved to 3.8% from 3.5% year-over-year.
Return on equity increased to 14.1% from 11.8% year-over-year.
Net assets grew to ¥53,342 million, with an equity ratio of 26.6%.
Cash and cash equivalents at year-end were ¥38,885 million.
Dividend per share for 2025 was ¥129.50, with a payout ratio of 35.0%.
Outlook and guidance
2026 full-year net sales forecast at ¥300,326 million, up 5.6% year-over-year.
Operating profit expected to rise 15.5% to ¥12,500 million.
Profit attributable to owners of parent projected at ¥6,966 million, up 5.2% year-over-year.
Activities to build a sound base for future growth included more co-sourcing, alliances, and partnerships across various sectors.
Acquisition strategy for 37 new companies?
Explain significant 2025 investing cash outflow
What drives the strong H2 2026 profit recovery?
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Next World Holdings earnings date
Q1 202611 May, 2026
World Holdings
Next World Holdings earnings date
Q1 202611 May, 2026
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