Financial Performance - Total consolidated revenue for the fiscal year ending August 2023 reached ¥2,766.5 billion, an increase of 20.2% year-over-year[2]. - Consolidated operating profit amounted to ¥381.0 billion, reflecting a year-over-year growth of 28.2%[2]. - Net income before tax was ¥437.9 billion, up 5.9% year-over-year, while net income attributable to shareholders increased by 8.4% to ¥296.2 billion, achieving record performance for three consecutive years[62]. - Operating profit for the same period was ¥381.0 billion, an increase of 28.2% compared to the previous year, marking a record high for both revenue and profit[62]. - The company's total revenue for the fiscal year ending August 31, 2023, was ¥2,766,557 million, an increase of 20.2% from ¥2,301,122 million in the previous year[129]. - Gross profit for the same period rose to ¥1,436,360 million, reflecting a gross margin of approximately 51.9%, compared to ¥1,206,859 million and a margin of 52.4% in the prior year[129]. - The company reported a registered capital of ¥10.27 billion as of August 31, 2023[132]. - The total asset value as of August 31, 2023, was ¥3,303.6 billion, an increase of ¥119.9 billion compared to the end of the previous fiscal year[95]. - The net asset value as of August 31, 2023, was ¥1,873.3 billion, an increase of ¥257.9 billion compared to the end of the previous fiscal year[95]. Strategic Goals - The company aims to exceed ¥5 trillion in sales within a few years, with a long-term target of reaching ¥10 trillion[2]. - The company plans to continue expanding its customer base in Europe, Southeast Asia, and Greater China, with a recovery in performance noted in the latter region starting in the second half of the fiscal year[62]. - The company plans to open 80 new stores annually in Greater China and approximately 60 stores in Southeast Asia, India, and Australia, while opening about 30 stores in North America and Europe[103]. - The company aims to achieve a revenue target of 10 trillion yen within the next 10 years, with an intermediate goal of 5 trillion yen in a few years[100]. - The company is focused on expanding its market presence and enhancing its product offerings through innovation and strategic initiatives[92]. Sustainability and Social Responsibility - The company emphasizes the importance of sustainable business practices and aims to contribute to solving global issues through its operations[2]. - The company has a strong commitment to ESG (Environmental, Social, and Governance) initiatives, which are expected to contribute to its overall strategy[17]. - The company aims to achieve a 90% reduction in greenhouse gas emissions from stores and major offices by 2030 compared to 2019 levels, and a 20% reduction in supply chain emissions[78]. - The company aims to replace approximately 50% of the raw materials used in its products with lower greenhouse gas emitting recycled materials by 2030, achieving about 6% in the 2023 spring/summer product line[78]. - The company received an "A-list" rating from the international non-profit organization CDP for its advanced initiatives and transparency in climate change and water security[77]. - The company has initiated the "JOIN: THE POWER OF CLOTHING" project to help reduce ocean waste, which has been launched in 23 countries since July 2022[80]. - The company is committed to ensuring compliance with labor standards, particularly for vulnerable foreign workers, and has taken a strict stance against unfair treatment[84]. Governance and Management - The board of directors has a 100% attendance rate for the current meeting, with 13 out of 13 meetings attended[11]. - The board includes external directors with extensive experience in investment banking and corporate strategy, enhancing the group's market value[13]. - The company emphasizes the importance of disciplined corporate governance in light of global business risks and aims to enhance diversity within the organization[58]. - The company has established limited liability contracts with non-executive directors to ensure they fulfill their responsibilities adequately[50]. - The board of directors has more than half of its members as external directors to enhance independence and oversight functions[89]. - The company has adopted the SLCP evaluation framework for monitoring labor conditions since September 2020, with results expected to be disclosed based on this new method[86]. Market Expansion and Operations - The company is accelerating the opening of UNIQLO and GU stores globally, leveraging the candidate's extensive experience in business operations[22]. - The GU segment achieved significant revenue and profit growth by enhancing its development of trendy products[62]. - UNIQLO plans to open 60 to 70 new stores annually, focusing on roadside locations to enhance brand presence and customer convenience[70]. - The company is expanding its GU brand by enhancing product development and accelerating store openings both domestically and internationally[109]. - The company is committed to investing in new technologies and product development to enhance customer experience and operational efficiency[111]. Employee Engagement and Talent Management - The company emphasizes the importance of talent management and employee engagement in driving business success[92]. - The company is committed to providing growth opportunities for employees and fostering an environment that allows talent to thrive[110]. - The company has established a presence in production offices in Shanghai, Ho Chi Minh City, Dhaka, Jakarta, and Bangalore to monitor labor conditions and compliance[84]. Financial Management and Shareholder Value - The company is focused on improving shareholder value through objective assessments of its market position[14]. - The total dividend per share for the fiscal year was not specified, but the company maintains a strong dividend policy[97]. - The company aims to improve performance and distribute profits to shareholders based on financial health and future business expansion needs[127]. - The total remuneration for directors is capped at ¥2 billion annually, with external directors capped at ¥200 million[116].

Fiscal Year Overview - The 2023 fiscal year business report covers the period from September 1, 2022, to August 31, 2023[4] Annual General Meeting - The annual general meeting is scheduled for November 30, 2023, at 10:30 AM Japan time[4] - The agenda includes the election of ten directors and two statutory auditors[5] Audit Information - The independent auditor's report on the consolidated financial statements for the 2023 fiscal year will be presented[4]

Financial Performance - For the fiscal year ending August 31, 2023, total revenue reached ¥2,766,557 million, representing a 20.2% increase year-over-year[2] - Operating profit for the same period was ¥381,090 million, up 28.2% compared to the previous year[2] - Net profit attributable to shareholders was ¥296,229 million, reflecting an 8.4% increase from ¥273,335 million in the prior year[3] - For the fiscal year ending August 31, 2024, the company forecasts revenue of ¥3,050,000 million, a 10.2% increase, and operating profit of ¥450,000 million, up 18.1%[8] - The projected net profit attributable to shareholders for the fiscal year 2024 is ¥310,000 million, indicating a 4.6% increase[8] - Total revenue increased from ¥2,301,122 million in the fiscal year ending August 31, 2022, to ¥2,766,557 million for the fiscal year ending August 31, 2023, representing a growth of approximately 20.2%[33] - Operating profit improved from ¥297,325 million to ¥381,090 million, marking a growth of approximately 28.2%[33] - Net income attributable to the parent company increased from ¥273,335 million to ¥296,229 million, a rise of about 8.4%[33] Assets and Liabilities - The total assets as of August 31, 2023, amounted to ¥3,303,694 million, with total equity of ¥1,873,360 million, resulting in an equity ratio of 55.1%[5] - As of August 31, 2023, total assets amounted to ¥33,036 billion, an increase of ¥1,199 billion from the previous fiscal year-end[27] - Total liabilities as of August 31, 2023, were ¥14,303 billion, a decrease of ¥1,380 billion from the previous fiscal year-end[27] - Net assets totaled ¥18,733 billion as of August 31, 2023, an increase of ¥2,579 billion from the previous fiscal year-end[27] Cash Flow - Cash generated from operating activities for the year was ¥463,216 million, compared to ¥430,817 million in the previous year[6] - Operating cash flow for the year ending August 31, 2023, was ¥463.2 billion, up from ¥430.8 billion in the previous year[28] - Investment cash flow for the year ending August 31, 2023, was a net outflow of ¥574.4 billion, compared to a net outflow of ¥212.2 billion in the previous year[29] - Financing cash flow for the year ending August 31, 2023, was a net outflow of ¥364.5 billion, compared to a net outflow of ¥213.0 billion in the previous year[29] Dividends and Shareholder Returns - The company declared a total annual dividend of ¥290.00 per share, with a payout ratio of 30.0%[7] - Basic earnings per share increased from ¥891.77 to ¥966.09, representing a growth of approximately 8.4%[33] - The company purchased treasury shares amounting to ¥27 million during the year, while it sold treasury shares for ¥1,778 million[35] - The company declared dividends totaling ¥73,074 million, which is a decrease from ¥53,123 million in the previous year[34] Regional Performance - The overseas UNIQLO business segment accounted for over 50% of total revenue and 60% of operating profit, indicating strong performance across all regions[14] - In Japan, UNIQLO's revenue totaled ¥890.4 billion, a 9.9% increase year-over-year, with same-store sales rising by 7.6%[16] - Overseas UNIQLO revenue reached ¥1,437.1 billion, a year-on-year increase of 28.5%, with operating profit at ¥226.9 billion, up 43.3%[17] - Greater China region generated revenue of ¥620.2 billion, a 15.2% increase, and operating profit of ¥104.3 billion, up 25.0%[17] - North America revenue reached ¥163.9 billion, a 43.7% increase, with operating profit at ¥21.1 billion, up 91.9%[17] - Europe revenue was ¥191.3 billion, a 49.1% increase, with operating profit of ¥27.3 billion, up 82.5%[17] Strategic Initiatives - The company aims to enhance its digital retail capabilities and diversify global revenue sources as part of its strategic goals[15] - The company plans to accelerate new store openings and strengthen product development in the overseas UNIQLO segment[15] - The company plans to expand its operations in North America and Europe, with specific revenue reporting for these regions starting from this fiscal year[43] Environmental and Social Responsibility - The company aims to reduce greenhouse gas emissions by 90% in self-operated stores by 2030, with a target of using 50% recycled materials[23] - The partnership with UNHCR has produced approximately 2 million cloth sanitary pads and 430,000 women's underwear for Rohingya refugees[24] - The "PEACE FOR ALL" initiative generated ¥697 million in profits from T-shirt sales, with 29 public figures participating since June 2022[21] Other Financial Metrics - The gross profit margin decreased by 1.0 percentage points due to the depreciation of the yen affecting production costs[16] - The company reported a total comprehensive income of ¥576,247 million for the fiscal year ending August 31, 2022, compared to ¥443,916 million for the fiscal year ending August 31, 2023, indicating a decrease of about 22.9%[33] - Total comprehensive income for the year was ¥423,601 million, compared to ¥554,833 million in the prior year, indicating a decrease of about 23.7%[34] - The company reported a decrease in other comprehensive income from ¥281,497 million to ¥127,371 million, reflecting a decline of about 54.7%[35] Impairment and Expenses - The company recorded a significant reduction in impairment losses, from ¥23,150 million in the previous year to ¥3,958 million for the fiscal year ending August 31, 2023[51] - Sales, general, and administrative expenses increased to ¥1,054,368 million from ¥900,154 million, reflecting a rise of approximately 17.1%[47] - Advertising and promotion expenses rose to ¥92,312 million, compared to ¥79,267 million in the previous year, marking an increase of about 16.4%[47] - Financing costs increased from ¥7,560 million to ¥9,888 million, indicating a rise in interest expenses[49]

Financial Performance - Total revenue for the first three quarters of the fiscal year 2023 reached ¥2,143.5 billion, a 21.4% increase compared to the same period last year[4] - Operating profit for the same period was ¥330.6 billion, reflecting a 21.9% year-on-year growth[4] - Profit before tax for the first three quarters was ¥359.2 billion, an increase of 2.8% year-on-year[7] - Net income attributable to the parent company was ¥238.5 billion, a slight increase of 0.3% compared to the previous year[7] - UNIQLO Japan's revenue for the first three quarters of the fiscal year reached ¥709.7 billion, a 10.7% increase year-over-year, while operating profit decreased by 3.0% to ¥99.6 billion due to rising cost rates from yen depreciation[8] - Overseas UNIQLO's revenue for the first three quarters was ¥1,097.6 billion, a 30.5% year-over-year increase, with operating profit rising 38.6% to ¥184.1 billion, indicating strong growth across all regions[9] - GU's revenue for the first three quarters was ¥227.9 billion, a 19.7% increase year-over-year, with operating profit rising 44.6% to ¥25.8 billion, driven by successful product selection and marketing strategies[10] - Global Brands segment revenue reached ¥106.4 billion, an 18.2% increase year-over-year, with operating profit soaring 105.4% to ¥1.4 billion, particularly strong in the Asian market[11] Assets and Liabilities - The total assets of the company as of May 31, 2023, amounted to ¥3,100.6 billion[4] - The total assets as of May 31, 2023, were ¥3,100,617 million, a decrease from ¥3,183,762 million as of August 31, 2022[29] - Total liabilities as of May 31, 2023, were ¥1,353.0 billion, a decrease of ¥215.3 billion from the previous fiscal year-end, mainly due to reductions in trade and other payables[13] - Current liabilities totaled ¥687,265 million as of May 31, 2023, down from ¥876,242 million, indicating a decrease of 21.5%[29] - The total equity as of May 31, 2023, was ¥1,747.5 billion, an increase of ¥132.1 billion from the previous fiscal year-end, primarily due to retained earnings increasing by ¥165.5 billion[14] Cash Flow - The cash and cash equivalents at the end of the period were ¥922.6 billion[4] - Operating cash flow for the nine months ended May 31, 2023, was ¥315.8 billion, compared to ¥338.6 billion for the same period in 2022[14] - Investment cash flow for the nine months ended May 31, 2023, was a net outflow of ¥505.8 billion, significantly higher than the net outflow of ¥90.7 billion for the same period in 2022[14] - Financing cash flow for the nine months ended May 31, 2023, was a net outflow of ¥240.7 billion, compared to a net outflow of ¥174.8 billion for the same period in 2022[14] - Cash generated from operating activities for the nine months was ¥315,896 million, a decrease from ¥338,630 million in the previous year[35] - The company reported financing income of ¥83,311 million for the nine months ended May 31, 2023, significantly up from ¥36,082 million in the previous year[30] Sustainability and Corporate Responsibility - The company is committed to sustainable business practices, focusing on high-quality, durable clothing and recycling initiatives[7] - The company is committed to sustainability initiatives, including improving labor conditions in supply chains and reducing energy consumption in new store designs[12] - The company donated ¥40 million worth of products to support women refugees in Bangladesh, marking its first donation on International Women's Day[12] Strategic Initiatives - The company aims to strengthen its digital retail capabilities and expand its overseas business significantly[7] - The UNIQLO business in Greater China showed a strong recovery in the third quarter, contributing to overall revenue growth[7] - The company plans to enhance marketing efforts in North America and Europe to promote its "LifeWear" concept and accelerate new store openings[7] - The company plans to improve inventory operations and store efficiency to enhance profit margins and address rising personnel costs[8] - The company plans to continue expanding its UNIQLO and GU brands both domestically and internationally, focusing on enhancing product offerings and market presence[36] Shareholder Information - The total number of issued shares was 318,220,968, following a stock split on March 1, 2023, at a ratio of 1:3[19] - The company had a total of 3,859,600 shares held as treasury stock, representing 3.64% of the total issued shares as of May 31, 2023[25] - The company declared dividends amounting to ¥53,123 million during the period, reflecting a commitment to returning value to shareholders[33] - The total dividends paid for the nine months ended May 31, 2023, amounted to ¥38,330 million, with a per-share dividend of ¥375[53] Impairment and Inventory - The total impairment loss for the nine months ended May 31, 2023, was ¥14,132 million, compared to ¥14,927 million for the same period in 2022, indicating a decrease of approximately 5.3%[41] - The inventory write-down to net realizable value as of May 31, 2023, was ¥6,936 million, slightly higher than ¥6,503 million as of May 31, 2022[46] - The company reported a decrease in inventory by ¥99,178 million for the nine months ended May 31, 2023, compared to an increase of ¥67,838 million in the previous year[35] Accounting and Auditing - The interim consolidated financial statements as of May 31, 2023, were prepared in accordance with International Accounting Standard 34, reflecting the financial position fairly[71] - The auditors did not identify any matters that would lead them to believe the interim financial statements were not fairly presented in all material respects[71] - The management is responsible for ensuring the interim financial statements are prepared in accordance with International Accounting Standards and for maintaining internal controls[72] - The auditors communicated the scope and timing of the review and significant findings to the statutory auditor committee[73] - There were no conflicts of interest that required disclosure under Japanese Certified Public Accountant Law between the group and the auditors[74] - The review report was issued by Deloitte Touche Tohmatsu LLC on July 14, 2023, confirming compliance with ethical requirements[74]

Financial Performance - For the nine months ended May 31, 2023, total revenue reached ¥2,143,504 million, representing a year-on-year increase of 21.4%[2] - Operating profit for the same period was ¥330,574 million, with a growth of 21.9% compared to the previous year[2] - Profit before tax increased by 2.8% to ¥359,203 million, while net profit rose by 3.0% to ¥254,905 million[2] - For the first three quarters of the fiscal year 2023, the total consolidated revenue of Fast Retailing Co., Ltd. reached ¥2,143.5 billion, a year-on-year increase of 21.4%[10] - The total operating profit for the same period was ¥330.5 billion, reflecting a year-on-year growth of 21.9%, marking a historical high for both revenue and profit[10] - The overseas UNIQLO segment reported total revenue of ¥1,097.6 billion, a significant year-on-year increase of 30.5%, with operating profit rising by 38.6% to ¥184.1 billion[12] - The GU segment achieved total revenue of ¥227.9 billion, a year-on-year increase of 19.7%, with operating profit rising by 44.6% to ¥25.8 billion[13] - The global brand segment reported total revenue of ¥106.4 billion, an 18.2% year-on-year increase, with operating profit soaring by 105.4% to ¥1.4 billion[15] Assets and Liabilities - The total assets as of May 31, 2023, were ¥3,100,617 million, with total equity amounting to ¥1,747,580 million, resulting in an equity-to-assets ratio of 54.7%[3] - Total assets as of May 31, 2023, amounted to ¥3,100.6 billion, a decrease of ¥83.1 billion from the previous fiscal year-end[18] - Total liabilities as of May 31, 2023, were ¥1,353.0 billion, a decrease of ¥215.3 billion from the previous fiscal year-end[18] - Total equity as of May 31, 2023, reached ¥1,747.5 billion, an increase of ¥132.1 billion from the previous fiscal year-end[18] - Total liabilities increased to ¥1,568,360 million from ¥1,353,037 million, representing a rise of approximately 15.9%[24] - The total equity decreased to ¥1,615,402 million from ¥1,747,580 million, reflecting a decline of approximately 7.55%[24] Cash Flow - Operating cash flow for the nine months ended May 31, 2023, generated a net cash of ¥315.8 billion, compared to ¥338.6 billion for the same period in 2022[19] - Investment cash flow for the nine months ended May 31, 2023, used a net cash of ¥505.8 billion, significantly higher than ¥90.7 billion for the same period in 2022[20] - Financing cash flow for the nine months ended May 31, 2023, used a net cash of ¥240.7 billion, compared to ¥174.8 billion for the same period in 2022[21] - The cash generated from operating activities for the nine months ended May 31, 2023, was ¥315,896 million, compared to ¥338,630 million for the same period in 2022, showing a decrease of about 6.7%[28] - The net cash used in investing activities for the nine months ended May 31, 2023, was ¥(505,838) million, a significant decrease from ¥(90,764) million in the previous year[28] - The net cash used in financing activities for the nine months ended May 31, 2023, was ¥(240,721) million, compared to ¥(174,808) million for the same period in 2022, indicating an increase of approximately 37.7%[28] Dividends and Earnings Per Share - The company plans to distribute a total dividend of ¥280.00 for the fiscal year ending August 31, 2023, with an expected year-end dividend of ¥155.00[4] - The basic earnings per share for the fiscal year ending August 31, 2023, is projected at ¥847.96, accounting for the stock split[6] - Basic earnings per share for the period was ¥775.99, a minor decrease from ¥777.90 year-over-year[25] - Diluted earnings per share for the nine months ended May 31, 2022, were ¥774.81, while for the same period in 2023, they rose to ¥776.65, indicating an increase of about 0.24%[46] Future Outlook - Revenue forecast for the fiscal year ending August 31, 2023, is projected at ¥2,730,000 million, reflecting an 18.6% increase[6] - Operating profit for the same forecast period is expected to be ¥370,000 million, indicating a decrease of 24.4%[6] - The company plans to enhance its digital retail capabilities and expand its overseas business operations to establish itself as a global brand trusted by customers[10] - The company aims to improve inventory operations and store efficiency to address rising personnel costs and enhance profitability[11] - The company plans to continue expanding its market presence in the Greater China region and other international markets, focusing on enhancing its product offerings and customer experience[36] - The company is investing in new product development and technology to drive future growth and improve operational efficiency[36] Comprehensive Income - For the nine months ended May 31, 2023, the company reported a total comprehensive income of ¥271,077 million, which includes a profit of ¥238,519 million[27] - The company reported other comprehensive income of ¥32,557 million for the nine months ended May 31, 2023, compared to ¥164,595 million in the previous period[27] Impairment and Financing - The total impairment loss for the nine months ended May 31, 2023, was ¥1,932 million, a significant decrease from ¥14,927 million in the previous year, reflecting a reduction of about 87%[33] - Financing income decreased to ¥36,082 million for the nine months ended May 31, 2023, from ¥83,311 million in the previous year, indicating a decline of approximately 56.7%[41] - Financing costs increased to ¥7,453 million for the nine months ended May 31, 2023, compared to ¥5,139 million in the previous year, representing an increase of 45.0%[42]

Financial Performance - For the six-month period ending February 28, 2023, Fast Retailing reported total revenue of ¥1,467.35 billion, a 20.4% increase compared to the same period last year[4]. - Operating profit for the same period was ¥220.26 billion, reflecting a 16.4% year-over-year growth, achieving a record high[6]. - Profit attributable to owners of the parent company was ¥153.39 billion, up 4.5% year-over-year[4]. - Fast Retailing's net income before tax for the period was ¥230.50 billion, an 8.4% increase from the previous year[4]. - UNIQLO Japan's revenue for the first half of the fiscal year reached ¥495.1 billion, an increase of 11.9% year-over-year, while operating profit decreased by 1.6% to ¥67.3 billion due to rising costs from yen depreciation[7]. - Same-store sales in Japan grew by 10.0%, driven by strong sales of autumn and winter products, including HEATTECH items and spring apparel[7]. - UNIQLO Overseas reported revenue of ¥755.2 billion, a 27.3% increase year-over-year, with operating profit rising by 22.2% to ¥122.6 billion, marking significant growth across Southeast Asia, South Asia, Oceania, North America, and Europe[8]. - GU's revenue for the first half of the fiscal year was ¥145.5 billion, up 18.5% year-over-year, with operating profit increasing by 39.2% to ¥13 billion, driven by strong sales of specific apparel items[9]. - The company reported a foreign exchange loss of ¥17,581 million for the six months ended February 28, 2023, compared to a gain of ¥16,961 million in the same period of 2022[45]. - The company reported a profit attributable to ordinary shareholders of ¥68,318 million for the three months ended February 28, 2023, compared to ¥53,252 million for the same period in 2022, reflecting a growth of 28.3%[77]. Cash Flow and Assets - The net cash generated from operating activities for the six-month period was ¥177.45 billion[4]. - Operating cash flow for the six months ended February 28, 2023, generated a net cash amount of ¥1,774 billion, down from ¥2,646 billion for the same period in 2022[15]. - Investment cash flow for the six months ended February 28, 2023, used a net cash amount of ¥4,727 billion, compared to ¥742 billion for the same period in 2022[16]. - Financing cash flow for the six months ended February 28, 2023, used a net cash amount of ¥1,597 billion, up from ¥1,080 billion for the same period in 2022[17]. - The total assets of the company as of February 28, 2023, were ¥3,015.62 billion[4]. - Current assets decreased from ¥2,178,851 million to ¥1,948,823 million from August 31, 2022, to February 28, 2023[43]. - Cash and cash equivalents decreased from ¥1,358,292 million to ¥888,605 million during the same period[43]. - Total liabilities as of February 28, 2023, were ¥13,576 billion, down by ¥2,107 billion compared to the previous fiscal year-end[14]. - Total equity increased to ¥16,579 billion as of February 28, 2023, reflecting an increase of ¥425 billion from the previous fiscal year-end[14]. Sustainability and Social Responsibility - The company is committed to sustainable development, focusing on producing customer-centric products and addressing environmental and social issues[6]. - The "PEACE FOR ALL" initiative generated total profits of ¥322,106,100, with 20% of T-shirt sales donated to humanitarian support for affected individuals[12]. - The company was recognized as an "A-list" company by CDP for its efforts in climate change and water security, highlighting its commitment to sustainability[12]. - The company is providing €1 million (approximately ¥140 million) in emergency aid to residents affected by the earthquake in Turkey and Syria, in partnership with UNHCR[12]. - The company received a diversity score of 96 out of 100 in the 2022 D&I Awards, highlighting its commitment to employee welfare and diversity initiatives[13]. Stock and Shareholder Information - The company plans to increase its issued shares from 600 million to 900 million, with a stock split ratio of 1:3 effective March 1, 2023[22]. - The number of issued shares as of February 28, 2023, was 106,073,656, which will increase to 318,220,968 after the stock split[23]. - The largest shareholder, The Master Trust Bank of Japan, Ltd., holds 22,466 thousand shares, representing 21.98% of the total issued shares[33]. - The company has a total of 3,859,655 treasury shares, accounting for 3.64% of the statutory total shares[36]. - The total number of issued shares as of February 28, 2023, is 106,073,656, with a total voting power of 1,021,120[38]. Financial Metrics and Ratios - Basic earnings per share for the six months ended February 28, 2023, was ¥500.29, compared to ¥479.14 for the same period in 2022, reflecting a growth of 4.4%[44]. - Diluted earnings per share for the six months ended February 28, 2023, were ¥499.56, up 4.4% from ¥478.40 for the same period in 2022[76]. - The company reported a retained earnings increase from ¥1,275,102 million to ¥1,393,811 million during the same period[43]. - The total comprehensive income for the six months ended February 28, 2023, was ¥133,950 million, down 33.7% from ¥201,856 million in the previous year[45]. - The company incurred a foreign exchange loss of ¥23,576 million in the previous period, which turned into a gain of ¥1,762 million in the current period[48]. Operational Developments - The company plans to continue expanding its store network globally, particularly in Southeast Asia, North America, and Europe, to strengthen its brand presence[6]. - The company has established new important facilities, including a UNIQLO warehouse in Chiba, Japan, and plans for a new UNIQLO store in Tokyo[19][20]. - The company continues to focus on market expansion and new product development strategies to drive future growth[55].

Financial Performance - Consolidated revenue for Q1 FY2023 reached ¥716.39 billion, a 14.2% increase year-over-year[7] - Operating profit for the same period was ¥117.08 billion, a decrease of 2.0% compared to the previous year[7] - Net profit attributable to the parent company was ¥85.07 billion, down 9.1% year-over-year[7] - Gross profit margin decreased by 0.9 percentage points to 53.1%[7] - Revenue from UNIQLO Japan for Q1 was ¥240.9 billion, a 6.4% increase year-over-year, while operating profit decreased by 5.6%[8] - Same-store sales in Japan increased by 4.7% year-over-year[8] - Overseas UNIQLO's revenue for Q1 reached ¥357.8 billion, a 19.4% increase year-over-year, while operating profit was ¥57.2 billion, a 4.4% decrease[9] - GU's revenue for Q1 was ¥79.3 billion, a 13.6% increase year-over-year, and operating profit was ¥10.6 billion, a 19.3% increase, driven by strong sales of selected items and improved logistics[10] - Global Brands' revenue for Q1 was ¥37.6 billion, a 22.4% increase year-over-year, but operating profit fell to ¥0.7 billion, a 72.1% decrease, mainly due to discount promotions in the U.S. and COVID-19 impacts in Asia[11] Cash Flow and Assets - The company reported a net cash flow from operating activities of ¥84.42 billion, compared to a cash outflow of ¥1.31 billion in the previous year[4] - Total assets increased to ¥3,196.82 billion, up from ¥2,658.72 billion year-over-year[4] - Cash and cash equivalents decreased to ¥9,140 billion as of November 30, 2022, down by ¥4,442 billion from the previous fiscal year-end[14] - Operating cash flow for the three months ended November 30, 2022, was a net cash outflow of ¥13 billion, compared to a net inflow of ¥844 billion for the same period in 2021[15] - Investment cash flow for the three months ended November 30, 2022, showed a net cash outflow of ¥3,763 billion, significantly higher than the ¥218 billion outflow for the same period in 2021[16] - Financing cash flow for the three months ended November 30, 2022, resulted in a net cash outflow of ¥691 billion, compared to a net outflow of ¥651 billion for the same period in 2021[17] Sustainability and Development Goals - The company aims to increase the use of low greenhouse gas emission materials from 5% in 2022 to 50% by 2030[13] - The "PEACE FOR ALL" project generated a total profit of ¥1.45 billion from T-shirt sales, with 20% of each sale donated to humanitarian support organizations[12] - The RE.UNIQLO STUDIO service, offering repair and customization, has received positive feedback and is being trialed in Japan[13] - The company targets a 50% representation of women in management by 2030, with current representation at 43.7%[13] Shareholder Information - The total number of issued shares as of November 30, 2022, was 106,073,656[22] - The company plans a stock split effective March 1, 2023, where each share will be split into three, increasing the total issued shares from 106,073,656 to 318,220,968[60][61] - The board of directors decided to pay dividends from retained earnings during the meeting held on November 1, 2022[66] Liabilities and Equity - Total liabilities as of November 30, 2022, were ¥15,790 billion, up by ¥106 billion compared to the previous fiscal year-end[14] - Net assets totaled ¥16,177 billion as of November 30, 2022, reflecting an increase of ¥23 billion from the previous fiscal year-end[14] - The company’s total liabilities increased, with short-term borrowings rising to ¥1,118 million for the three months ended November 30, 2022, compared to ¥7,699 million for the same period in 2021[37] Operational Developments - The company completed the construction of a new domestic UNIQLO warehouse in Ichikawa, Chiba, Japan, in September 2022[19] - The company plans to establish a new domestic GU warehouse in Ibaraki, Osaka, scheduled for completion in January 2023[20] Financial Reporting and Compliance - The interim consolidated financial statements were reviewed as of November 30, 2022, and no significant issues were noted that would affect the fair presentation of the financial statements[67] - The review was conducted in accordance with Japanese certified quarterly review standards, ensuring compliance with international accounting standards[68] - The management is responsible for preparing the interim consolidated financial statements in accordance with International Accounting Standard 34[69] - The auditors communicated the review plan, schedule, and significant findings to the statutory auditor committee[70]

Financial Performance - Total revenue for the fiscal year 2021/22 reached ¥2,301,122 million, representing a 7.9% increase from the previous year[3] - Operating profit increased to ¥297,325 million, up 19.4% year-over-year[3] - Profit attributable to owners of the parent company rose to ¥273,335 million, a significant increase of 60.5% compared to the prior year[3] - Basic earnings per share for the year were ¥2,675.30, reflecting a 60.8% increase from the previous year[3] - Net income for the fiscal year was ¥258,203 million, compared to ¥175,286 million in the prior year, representing a growth of 47.3%[4] - Total comprehensive income for the fiscal year ending August 31, 2022, was ¥576,247 million, significantly higher than ¥222,891 million in the prior year, marking a 158.5% increase[168] - The total operating profit reached ¥297.3 billion, an increase of 19.4% compared to the previous year, marking the highest performance level in history[37] - The pre-tax profit recorded was ¥413.5 billion, reflecting a significant increase of 55.6% year-on-year[37] Assets and Liabilities - The total assets of the company amounted to ¥3,183,762 million, with equity attributable to owners of the parent at ¥1,561,652 million[3] - Total assets increased to ¥1,362,278 million from ¥1,100,398 million, showing a growth of 23.8%[4] - The total liabilities increased from ¥1,347,678 million to ¥1,568,360 million, which is an increase of about 16.4%[165] - The equity attributable to owners of the parent rose from ¥1,116,484 million to ¥1,561,652 million, marking an increase of approximately 40%[165] Cash Flow and Investments - The cash and cash equivalents at year-end stood at ¥1,358,292 million, an increase from ¥1,177,736 million in the previous year[3] - The company reported a net cash generated from operating activities of ¥430,817 million, slightly up from ¥428,968 million in the prior year[3] - The net cash used in investing activities for the fiscal year ending August 31, 2022, was ¥212.2 billion, compared to ¥82.5 billion in the previous year[54] - The company’s investment activities resulted in a net cash outflow of ¥212,226 million, compared to ¥82,597 million in the previous year, indicating increased investment in growth initiatives[171] Employee and Workforce - The employee count averaged 57,576, with 56,113 being temporary staff[3] - The number of employees increased to 1,698 from 1,617, reflecting a growth in workforce to support expansion[4] - The average salary for employees at the company is 9,594 thousand JPY, with an average tenure of 4 years and 9 months[19] Market Expansion and Strategy - The company aims to expand its market presence and invest in new product development to drive future growth[3] - The overseas UNIQLO business is a key growth driver, with plans to accelerate store openings in Greater China, Southeast Asia, and Oceania, while expanding e-commerce in North America and Europe[25] - The company plans to open 49 new stores in Japan and 92 new stores in Greater China, among other locations, for a total of 865 million yen in capital expenditures[64] - The company aims to enhance its marketing strategies to promote the "LifeWear" concept and expand its business scale while focusing on sustainable production practices[39] Sustainability and Corporate Responsibility - The company has set a goal for net-zero greenhouse gas emissions by 2050 and is implementing measures to reduce carbon footprints across its operations[29] - The company is committed to respecting human rights within its supply chain and enhancing transparency regarding its manufacturing partners[28] - The company has committed to providing a living wage to all workers in its supply chain, with specific initiatives launched in Bangladesh[47] - The company is committed to sustainable development, focusing on environmental contributions and social responsibility through various initiatives[45] Corporate Governance - The board consists of ten members, including six external directors, ensuring a majority of independent oversight[102] - The company has established a strict internal control system to ensure compliance with policies and regulations across the group, promoting ethical business practices[120] - The company has appointed compliance officers to oversee legal compliance and address any related issues within the organization[120] - The company emphasizes the importance of ethical conduct and compliance with internal rules among all employees and management[120] Risk Management - The company has established a risk management committee to identify and manage potential risks that could impact business performance[30] - The group has implemented measures to mitigate risks related to the procurement of raw materials, ensuring agreements with multiple reliable suppliers to avoid dependency on any single source[33] - Regular risk analysis is conducted to identify potential financial losses, business interruptions, or damage to brand reputation[123] Stock Options and Shareholder Value - The company has a total of 300 million shares outstanding, all of which are common stock[74] - The company has issued corporate bonds totaling 250 billion yen to support overseas business expansion and investment in projects[62] - The board of directors has approved a share buyback program worth ¥20 billion to enhance shareholder value[132] - The total compensation for directors (excluding external directors) amounted to ¥602 million, with basic compensation at ¥361 million and short-term variable compensation at ¥220 million[149] Financial Guidance and Future Outlook - The company has provided a performance guidance for the next fiscal year, projecting a revenue growth of 8% to ¥2.48 trillion[132] - New product launches are expected to contribute an additional ¥100 billion in revenue, with a focus on sustainable fashion lines[132] - The company aims to reduce operational costs by 10% through efficiency improvements and supply chain optimization[132]

Financial Performance - Total revenue for the first three quarters of the fiscal year 2022 reached ¥1,765,106 million, representing a 3.9% increase year-over-year[4] - Operating profit for the same period was ¥271,084 million, a 19.0% increase compared to the previous year[4] - Profit attributable to owners of the parent company was ¥237,836 million, reflecting a year-over-year growth of 57.1%[4] - Earnings per share (basic) for the nine-month period was ¥2,327.96, up from ¥1,482.08 in the previous year[4] - Total revenue for the nine months ended May 31, 2022, was ¥1,698,082 million, a decrease of 3.8% compared to ¥1,765,106 million for the same period in 2021[33] - Gross profit for the nine months ended May 31, 2022, was ¥858,836 million, down from ¥927,959 million, reflecting a decline of 7.4%[33] - Operating profit for the nine months ended May 31, 2022, was ¥227,897 million, a decrease of 15.9% from ¥271,084 million in the previous year[33] - Net profit for the nine months ended May 31, 2022, was ¥156,876 million, down 36.5% from ¥247,541 million for the same period in 2021[32] - Basic earnings per share for the three months ended May 31, 2022, was ¥1,482.08, compared to ¥2,327.96 for the same period in 2021[32] Assets and Liabilities - The total assets increased to ¥2,859,574 million, compared to ¥2,492,263 million in the previous year[4] - Total liabilities as of May 31, 2022, were ¥13,692 billion, reflecting an increase of ¥215 billion from the previous fiscal year-end[15] - Net assets totaled ¥14,903 billion as of May 31, 2022, up by ¥3,280 billion compared to the previous fiscal year-end, driven by retained earnings increasing by ¥1,847 billion[15] - Cash and cash equivalents reached ¥13,689 billion as of May 31, 2022, an increase of ¥1,911 billion from the previous fiscal year-end[16] - Total liabilities as of May 31, 2022, were ¥1,369,250 million, slightly up from ¥1,347,678 million as of August 31, 2021[31] - Cash and cash equivalents increased to ¥1,368,912 million as of May 31, 2022, from ¥1,177,736 million as of August 31, 2021[31] - Inventory decreased to ¥351,718 million as of May 31, 2022, from ¥394,868 million as of August 31, 2021, reflecting a decline of 10.9%[31] Regional Performance - Japan UNIQLO's total revenue for the first three quarters was 640.9 billion JPY, a decrease of 5.1% year-on-year, while operating profit was 119 billion JPY, down 0.4%[9] - Overseas UNIQLO's total revenue for the first three quarters reached 841.2 billion JPY, an increase of 13.7% year-on-year, with operating profit of 132.7 billion JPY, up 35.8%[10] - The Southeast Asia, South Asia, and Oceania regions saw significant revenue and profit growth, while the Greater China region experienced a substantial decline due to COVID-19 restrictions[10] - Revenue from the Japan market for the nine months ended May 31, 2022, was ¥640,972 million, accounting for 36.3% of total revenue, down from 39.8% in the previous year[58] - The Greater China region generated revenue of ¥410,769 million, representing 23.3% of total revenue, a decrease from 25.4% in the prior year[58] Strategic Initiatives - The company aims to expand its global e-commerce and physical store presence, particularly for its UNIQLO and GU brands[8] - The company is integrating online and offline services to enhance customer experience and streamline inventory management[8] - The company plans to open flagship stores in major cities worldwide to promote its "LifeWear" concept[8] - The company aims to reduce water usage by 10% in high-risk areas by the end of 2025, based on 2021 water risk assessment results[14] - The company donated 10 million USD (approximately 1.15 billion JPY) for humanitarian support in Ukraine and provided 100,000 items of clothing[14] - The company is implementing measures to achieve 50% female representation in management and has conducted health awareness seminars for employees[14] Cash Flow and Investments - The company reported a net cash generated from operating activities of ¥338,630 million for the nine-month period[4] - Operating cash flow for the nine months ended May 31, 2022, was ¥3,386 billion, down from ¥3,672 billion in the same period the previous year[16] - Investment cash flow for the nine months ended May 31, 2022, was a net outflow of ¥907 billion, compared to a net outflow of ¥657 billion in the same period the previous year[16] - Financing cash flow for the nine months ended May 31, 2022, was a net outflow of ¥1,748 billion, down from ¥2,627 billion in the same period the previous year[16] Comprehensive Income - The total comprehensive income for the nine months ended May 31, 2022, was ¥418,754 million, a significant increase from ¥217,748 million for the same period in 2021, representing an increase of approximately 92%[35] - The total comprehensive income attributable to the parent company for the nine months ended May 31, 2022, was ¥402,431 million, up from ¥209,635 million in the previous year, indicating an increase of approximately 92%[36] - The other comprehensive income for the nine months ended May 31, 2022, totaled ¥171,212 million, compared to ¥60,871 million for the same period in 2021, marking an increase of about 181%[35] - The total comprehensive income for the three months ended May 31, 2022, was ¥216,897 million, compared to ¥85,214 million for the same period in 2021, indicating an increase of approximately 155%[37] Impairment and Inventory Management - The company reported a significant reduction in inventory write-downs to ¥6,503 million for the nine months ended May 31, 2022, compared to ¥11,542 million for the same period in 2021[48] - The impairment loss for the nine months ended May 31, 2022, was ¥14,927 million, a decrease from ¥17,577 million for the same period in 2021, reflecting a reduction of approximately 15.5%[50] - The impairment loss primarily resulted from the decline in profitability of several stores, including flagship stores, due to the ongoing impact of the COVID-19 pandemic[51] Future Outlook - The company anticipates continued recovery trends in most countries, including Japan, despite ongoing impacts from the COVID-19 pandemic[43] - The company continues to assess new strategies for market expansion and product development in response to changing consumer behaviors post-pandemic[53] - The company plans to continue monitoring the impact of COVID-19 on store operations and profitability, with expectations of a recovery trend in most regions[53]

Financial Performance - Total revenue for the first half of the fiscal year 2022 reached ¥1,218,977 million, representing a 1.3% increase year-on-year[2] - Operating profit for the same period was ¥189,278 million, showing a significant growth of 12.7% compared to the previous year[2] - Profit attributable to owners of the parent company increased by 38.7% to ¥146,844 million[2] - Gross profit margin improved by 1.7 percentage points to 51.6%[6] - The company recorded a pre-tax profit of ¥212,566 million, reflecting a 24.0% increase year-on-year[6] - Basic earnings per share for the period were ¥1,437.41, up from ¥1,036.76 in the previous year[2] - Total revenue for the six months ended February 28, 2022, was ¥1,202,864 million, a decrease of 1.0% from ¥1,218,977 million for the same period in 2021[32] - Operating profit for the six months ended February 28, 2022, was ¥167,982 million, down 11.2% from ¥189,278 million in the previous year[32] - Net profit attributable to the parent company for the six months ended February 28, 2022, was ¥105,868 million, a decrease of 28.0% compared to ¥146,844 million for the same period in 2021[32] - Basic earnings per share for the six months ended February 28, 2022, was ¥1,036.76, down from ¥1,437.41 in the previous year[31] Revenue Breakdown - Japan UNIQLO's total revenue for the first half of the fiscal year was 442.5 billion JPY, a decrease of 10.2% year-on-year, with operating profit at 80.9 billion JPY, down 17.3%[8] - Same-store sales in Japan decreased by 9.0%, attributed to high comparison benchmarks from the previous year and inventory shortages of winter clothing[8] - Overseas UNIQLO's total revenue for the first half was 593.2 billion JPY, an increase of 13.7% year-on-year, with operating profit at 100.3 billion JPY, up 49.7%[9] - North America and Europe accounted for approximately 20% of overseas UNIQLO's operating profit, following Greater China at about 55%[9] - The Southeast Asia, South Asia, and Oceania regions saw significant revenue and profit growth, particularly in Malaysia and Indonesia due to relaxed travel restrictions[10] - GU's total revenue for the first half was 122.8 billion JPY, a decrease of 7.4%, with operating profit at 9.3 billion JPY, down 40.9%[12] - Global Brands segment revenue was 58.9 billion JPY, an increase of 8.1%, with operating profit turning positive at 1 billion JPY from a loss of 8.1 billion JPY in the previous year[13] Cash Flow and Assets - The net cash generated from operating activities was ¥264,654 million, a decrease from the previous year[2] - Total assets amounted to ¥2,641,596 million as of February 28, 2022[2] - Cash and cash equivalents increased by ¥1,197 billion to ¥12,974 billion as of February 28, 2022[16] - Operating cash flow for the six months ended February 28, 2022, was ¥2,646 billion, down from ¥3,521 billion for the same period in 2021[17] - Investment cash flow for the six months ended February 28, 2022, was a net outflow of ¥742 billion, compared to a net outflow of ¥410 billion for the same period in 2021[17] - Financing cash flow for the six months ended February 28, 2022, was a net outflow of ¥1,080 billion, down from ¥2,013 billion for the same period in 2021[17] Shareholder Information - The total number of issued shares as of February 28, 2022, was 106,073,656 shares[21] - The company holds 3,899,600 treasury shares, representing 3.68% of the total issued shares[27] - Major shareholders include The Master Trust Bank of Japan, Ltd. with 22,962 thousand shares (22.47%) and Yanai Tadashi with 22,037 thousand shares (21.57%)[24] - Nomura Asset Management Co., Ltd. holds 11,319 thousand shares, accounting for 10.67% of the total issued shares[25] Sustainability and Social Responsibility - The company is committed to sustainability, focusing on six key areas, including respecting human rights in the supply chain and environmental protection[14] - The company donated 10 million USD (approximately 1.15 billion JPY) to support humanitarian efforts in Ukraine and provided 100,000 items of clothing to refugees[14] Future Plans and Strategy - The company aims to expand its global e-commerce and overseas UNIQLO and GU businesses while integrating online and offline services[7] - The company plans to open flagship stores in major cities worldwide to promote its "LifeWear" concept[7] - The company plans to open new stores in key metropolitan areas, including flagship stores in Paris and Beijing[11] - The company expects continued recovery in performance as pandemic impacts lessen, with a focus on enhancing store profitability and expanding market presence[51] Financial Reporting and Audit - The interim consolidated financial statements have been prepared in accordance with International Accounting Standard 34[29] - Deloitte Touche Tohmatsu LLC has reviewed the quarterly and interim consolidated financial statements for the three and six-month periods ending February 28, 2022[30] - The review did not identify any matters that would lead to a belief that the interim consolidated financial statements were not fairly presented in all material respects[76] - Management is responsible for the preparation and fair presentation of the interim consolidated financial statements, ensuring no material misstatements due to fraud or error[77] - The auditor's responsibility includes evaluating the overall presentation, structure, and content of the interim consolidated financial statements[79]