US EditionUniqlo owner predicts 5th year of record profit on U.S., Europe growth | Honolulu Star-Advertiser
Fast Retailing's profit rose 13% to 564.3 billion yen, led by Uniqlo's strong sales in Japan and record international growth despite tariff and China market challenges.
- Earlier this year, Fast Retailing reported operating profit rose about 13% to 564.3 billion yen in the 12 months ended August 31, beating its 545 billion yen forecast.
- Uniqlo Japan surpassed 1 trillion yen in sales, driven by a tourism boost and currency effect that lifted domestic duty-free spending and overseas revenue for Fast Retailing.
- The international segment posted record performance, helping offset headwinds, and Fast Retailing forecast operating profit would rise to 610 billion yen in the year through August 2026.
- Fast Retailing plans flagship openings in Frankfurt, Warsaw, Chicago and San Francisco in fiscal 2026, while Uniqlo UK expansion continues with a Birmingham launch next week.
- Facing tariff headwinds and fierce price competition from Shein and Temu, Fast Retailing saw Greater China market sales and profits fall, prompting a push toward North America and Europe.
15 Articles
15 Articles
Japan’s Nikkei Stock Average Falls on Profit-Booking, Fast Retailing Shines on Record Profit
TOKYO, Oct 10 (Reuters) – Japan’s Nikkei share average fell on Friday as investors booked profits ahead of a three-day weekend from the fast-paced rally, while Uniqlo brand owner Fast Retailing jumped after posting a record profit.
Uniqlo owner predicts 5th year of record profit on U.S., Europe growth | Honolulu Star-Advertiser
TOKYO >> The Japanese owner of global clothing brand Uniqlo on Thursday reported a record high profit for the year ended August, and forecast a fifth-straight year of record profit in fiscal 2026 on its aggressive expansion in North America and Europe.
Times of India
Uniqlo operator Fast Retailing posts record profit for fourth year, beating forecasts
Uniqlo's parent company, Fast Retailing, has reported its fourth straight year of record profits. Strong sales in Japan and the United States powered this success. The company is expanding in North America and Europe. Future growth is anticipated, with plans for new flagship stores. Despite tariffs, price increases and cost cuts boosted US performance.
Fast Retailing, the clothing giant behind Uniqlo and other brands, announced on the 9th its financial results for the fiscal year ending August 2025 (under International Financial Reporting Standards). Sales increased 9.6% year-on-year to ¥3.4005 trillion, and net profit increased 16.4% to ¥433 billion, both of which were higher than the previous year.
The company obtained an assigned net profit of $2,831 million in the year ended August, an increase of 16.4%
The Japanese group Fast Retailing, the matrix of the Uniqlo fashion chain, has closed an exercise with record profits, surpassing analysts’ forecasts, has raised the dividend and hopes that the profit will continue to rise despite the impact of the Trump administration’s tariffs. Read
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