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]

Financial Performance - Total revenue for Q1 FY2022 was ¥627.391 billion, a 1.2% increase year-over-year[4] - Operating profit for the same period was ¥119.406 billion, reflecting a 5.6% year-over-year growth[4] - Profit attributable to owners of the parent company reached ¥93.592 billion, up 33.0% compared to the previous year[4] - Gross profit margin improved by 1.6 percentage points to 54.0%[7] - Net income before tax increased by 25.2% to ¥134.208 billion[7] - Operating profit for the three months ended November 30, 2021, was ¥134,208 million, compared to ¥107,164 million for the same period in 2020, representing a 25.3% increase[44] - The company reported a profit of ¥93,592 million for the three months ended November 30, 2021, indicating a significant increase compared to the previous period[43] - Basic earnings per share improved from ¥689.29 to ¥916.21, an increase of approximately 32.9%[40] - The diluted earnings per share for the three months ended November 30, 2021, was ¥914.87, compared to ¥688.17 for the same period in 2020, reflecting a growth of approximately 33%[13][66] Regional Performance - In Japan, UNIQLO's revenue decreased by 10.8% to ¥226.4 billion, with operating profit down 18.8%[8] - Same-store sales in Japan fell by 7.7% due to high comparative figures from the previous year[8] - Overseas UNIQLO recorded total revenue of ¥299.7 billion, a 15.0% increase year-over-year, and operating profit of ¥59.9 billion, a 44.6% increase[9] - The Greater China region experienced a slight decline in revenue and a significant drop in operating profit due to strict COVID-19 measures affecting consumer sentiment[9] - The US market saw a substantial revenue increase, turning a profit due to a rebound in travel demand and enhanced brand awareness[9] Sustainability and Social Responsibility - The company aims to reduce greenhouse gas emissions from its facilities by 90% by 2030 compared to 2019 levels, and plans to use 100% renewable energy in its operations[12][13] - The company donated 1 million pieces of winter clothing valued at approximately ¥1 billion to support Afghan refugees[13] - The company plans to achieve 50% female representation in management roles by the end of 2030, with initiatives to support women's career development[14] Financial Position - As of November 30, 2021, total assets amounted to ¥2,658.7 billion, an increase of ¥148.7 billion compared to the end of the previous fiscal year[15] - Total liabilities as of November 30, 2021, were ¥1,393.8 billion, an increase of ¥46.1 billion from the previous fiscal year-end[15] - Net assets totaled ¥1,264.8 billion as of November 30, 2021, reflecting an increase of ¥102.5 billion compared to the previous fiscal year-end[15] - Cash and cash equivalents were ¥1,204.1 billion as of November 30, 2021, an increase of ¥26.4 billion from the previous fiscal year-end[16] Cash Flow and Investments - Operating cash flow for the three months ended November 30, 2021, was ¥84.4 billion, a decrease of ¥55.9 billion (39.8%) year-over-year[17] - Investment cash flow for the three months ended November 30, 2021, was a net cash outflow of ¥21.8 billion, an increase of ¥2.5 billion (13.2%) year-over-year[18] - Financing cash flow for the three months ended November 30, 2021, was a net cash outflow of ¥65.1 billion, an increase of ¥6.5 billion (11.1%) year-over-year[19] Stock Options and Shareholder Information - The company issued 2,907 stock options to employees during the three months ended November 30, 2021, with an exercise period from November 12, 2024, to November 11, 2031[25] - The total number of issued shares as of November 30, 2021, was 106,073,656 ordinary shares[24] - The company granted a total of 30,757 stock options to 736 employees and 1,521 subsidiary employees, with an exercise period from December 12, 2021, to November 11, 2031[27] - The exercise price for the stock options is set at 1 Japanese Yen per share, with a fair value of 73,849 Yen and a paid-in capital of 36,925 Yen per share on the grant date[27] Operational Efficiency and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41] - The company plans to continue expanding its UNIQLO and GU brands both domestically and internationally, focusing on enhancing online sales channels[45] - The company is actively investing in new technologies and product development to improve operational efficiency and customer experience[45] Audit and Compliance - The interim consolidated financial statements were prepared in accordance with international accounting standards[37] - The quarterly financial statements for the three-month period ending November 30, 2021, were reviewed by Deloitte Touche Tohmatsu LLC[38] - Management is responsible for preparing the interim condensed consolidated financial statements in accordance with International Accounting Standard 34[76] - The auditor's responsibility includes expressing a conclusion on the interim condensed consolidated financial statements based on the review[76]

Financial Performance - Total revenue for the fiscal year 2020/21 reached ¥2,132,992 million, a 6.2% increase from the previous year[4] - Operating profit for the same period was ¥249,011 million, reflecting a significant recovery from ¥149,347 million in the previous year[4] - Profit attributable to owners of the parent company was ¥169,847 million, up from ¥90,357 million, marking an increase of 88%[4] - Earnings per share for the fiscal year was ¥1,663.12, compared to ¥885.15 in the previous year[4] - Net income for the same period was ¥175,286 million, up from ¥62,422 million in 2020, marking an increase of 181%[5] - The total comprehensive income for the year was ¥222,891 million, which includes other comprehensive income of ¥45,461 million, compared to ¥19,776 million in the previous year[150] - The company reported a significant increase in other income, which rose to ¥18,238 million from ¥7,954 million, reflecting a growth of approximately 129.5%[147] - The pre-tax profit for the year was ¥265.8 billion, reflecting a year-on-year increase of 73.9%, while net profit attributable to the parent company was ¥169.8 billion, an increase of 88.0%[39] Assets and Liabilities - The total assets of the company increased to ¥2,509,976 million, compared to ¥2,411,990 million in the previous year[4] - Total assets reached ¥1,100,398 million in 2021, compared to ¥1,063,356 million in 2020, reflecting a growth of 3.5%[5] - Total liabilities decreased to ¥1,347,678 million from ¥1,415,910 million, indicating a reduction of approximately 4.8%[146] - The company's equity increased to ¥1,162,298 million from ¥996,079 million, representing a growth of about 16.7%[146] - Cash and cash equivalents rose to ¥1,177,736 million from ¥1,093,531 million, an increase of approximately 7.7%[146] Employee and Workforce - The number of employees averaged 55,589, a decrease from 57,727 in the previous year[4] - The number of employees increased to 1,617 in 2021 from 1,589 in 2020, showing a growth in workforce[5] - The average age of employees in the company is 37 years and 8 months, with an average annual salary of ¥9,637,000[20] - The total number of employees across all divisions is 55,589, with 30,792 in overseas UNIQLO and 13,472 in Japan UNIQLO[19] Market Expansion and Operations - The company has expanded its market presence with the establishment of UNIQLO stores in various international locations since its inception in 1984[7] - UNIQLO opened its first global flagship store in New York's Soho, covering over 3,300 square meters[9] - The company opened its largest global flagship store in Ginza, Japan, in June 2020[10] - The overseas UNIQLO business is a key growth driver, with plans to accelerate store openings in Greater China, Southeast Asia, and Oceania, while North America aims to achieve profitability through cost structure reforms[28] - The company aims to expand its e-commerce and overseas UNIQLO business to achieve further growth, integrating e-commerce with physical stores for better customer insights and inventory management[22] Sustainability and Social Responsibility - The company has set a carbon reduction target for 2030 as part of its sustainability initiatives, focusing on addressing climate change and human rights issues within its supply chain[24] - The company is committed to creating a better society and future through its business activities, addressing pressing global issues such as climate change and inequality[22] - The company is actively promoting the "Ariake Project" to become a true digital retail enterprise, focusing on understanding customer needs and improving inventory management[25] - The company has initiated measures to support communities affected by COVID-19, including donations of protective gear and clothing[23] Corporate Governance - The board consists of nine members, including five external directors, enhancing the board's independence[91] - The company has established a liability limitation agreement with external directors and auditors, capping liability at 5 million yen or the higher amount prescribed by law[102] - The company has a directors' liability insurance policy that covers damages arising from claims against insured individuals, with certain exclusions for illegal profits and fraudulent actions[103] - The company has established a strict internal control system to ensure compliance with group policies and regulations, promoting ethical business practices across all subsidiaries[104] Financial Strategy and Investments - The company maintained a financial strategy focused on maximizing free cash flow while ensuring necessary growth investment and liquidity[53] - The total capital investment for the fiscal year was ¥100.6 billion, an increase of ¥17.9 billion compared to the previous year, with significant investments in automation warehouses related to the Ariake project[39] - The company plans to invest 34.3 billion yen in new store openings and 61.7 billion yen in logistics and IT investments for the fiscal year ending August 2022[55] Stock Options and Shareholder Information - The company operates a total of 300,000,000 shares, with 106,073,656 shares issued as of August 31, 2021[65][66] - The company has a policy of distributing high dividends based on performance, with mid-term and year-end dividends each being 240 yen[88] - The company has repurchased 3,928,900 shares, accounting for 3.70% of the total issued shares[85] - The total amount of dividends declared for the fiscal year is 24,511 million yen, with a dividend of 240 yen per share[89]

Financial Performance - Total revenue for the first three quarters of the fiscal year 2021 reached ¥1,698.1 billion, representing a 9.9% increase year-over-year[4] - Operating profit for the same period was ¥227.9 billion, a significant increase of 72.1% compared to the previous year[4] - Profit before tax for the first three quarters was ¥245.7 billion, reflecting a year-over-year growth of 72.5%[8] - Net profit attributable to the parent company for the quarter was ¥151.4 billion, up 67.0% year-over-year[8] - In Japan, UNIQLO's revenue for the first three quarters reached ¥675.1 billion, a year-on-year increase of 12.7%, with operating profit at ¥119.5 billion, up 51.0%[9] - Overseas, UNIQLO's revenue for the first three quarters was ¥739.6 billion, reflecting a year-on-year growth of 9.8%, and operating profit increased by 88.7% to ¥97.7 billion[10] - GU's revenue for the first three quarters amounted to ¥200.8 billion, a year-on-year increase of 7.1%, with operating profit rising 18.9% to ¥24.3 billion[11] - The global brand segment reported revenue of ¥80.5 billion, a decline of 3.3%, with operating loss widening to ¥8.9 billion from a loss of ¥6.0 billion in the previous year[12] - For the nine months ended May 31, 2021, the net cash used in investment activities was ¥657 billion, a decrease of ¥43 billion (6.2%) compared to the same period in 2020[16] - The company reported a significant increase in pre-tax profit for the overseas UNIQLO segment, reaching ¥121,920 million for the three months ended May 31, 2021, compared to a loss in the same period of the previous year[46] Cash Flow and Assets - Cash and cash equivalents at the end of the period amounted to ¥1,177.2 billion[4] - As of May 31, total assets were ¥2,492.2 billion, an increase of ¥80.2 billion from the previous fiscal year-end, driven by an increase in cash and cash equivalents by ¥83.6 billion[14] - Total liabilities decreased to ¥1,332.6 billion, down ¥83.2 billion from the previous fiscal year-end, primarily due to a reduction in trade and other payables by ¥31.7 billion[14] - Net assets increased to ¥1,159.6 billion, up ¥163.5 billion from the previous fiscal year-end, mainly due to retained earnings rising by ¥102.7 billion[14] - Operating cash flow for the nine months ended May 31 was ¥367.2 billion, an increase of 112.1% year-on-year, driven by pre-tax profit of ¥245.6 billion, up ¥103.2 billion[15] - The company’s cash flow projections are based on a discount rate of 8.7%, with cash flows estimated over a five-year period[52] Challenges and Impairments - The company recorded a net loss of ¥15.2 billion after accounting for impairment losses of ¥17.5 billion primarily in the overseas UNIQLO segment[8] - The company has implemented cost improvement measures to mitigate the impact of tax-inclusive pricing on gross margin, resulting in a slight decline of 0.5 percentage points in gross margin for the third quarter[9] - Despite strong sales of summer products, the company faced challenges in effectively communicating new product highlights, leading to performance below expectations[10] - The company recorded an impairment loss of ¥17,577 million primarily due to the decline in profitability of several stores, including flagship stores, as a result of the COVID-19 pandemic[52] - The company anticipates that the impact of COVID-19 will continue until at least the end of August 2021, affecting performance and leading to impairment losses[50] Future Outlook and Strategy - The company aims to expand its overseas UNIQLO and GU businesses, focusing on the Greater China and Southeast Asia markets[8] - The company continues to pursue its vision of becoming the world's leading apparel retail manufacturer as a "digital consumer retail enterprise"[8] - The company plans to continue focusing on market expansion and new product development to drive future growth[36] Shareholder Information - The company paid cash dividends of ¥18 billion to non-controlling interests, a decrease of ¥4 billion year-on-year[16] - The company paid a total dividend of ¥24,511 million for the nine months ended May 31, 2021, with a per-share dividend of ¥240[56] - As of May 31, 2021, the total number of issued shares was 106,073,656[20] - The company held 3,943,900 shares, representing 3.72% of the total issued shares[25] Financial Reporting and Compliance - The interim consolidated financial statements as of May 31, 2021, were prepared in accordance with International Accounting Standard 34, reflecting the financial position and performance of the group[74] - No significant issues were noted that would lead to a belief that the interim consolidated financial statements do not fairly present the group's financial situation[75] - The management is responsible for ensuring that the interim consolidated financial statements are prepared in accordance with International Accounting Standard 34 and reflect the group's financial position accurately[75] - The auditors conducted the review based on Japanese Certified Public Accountant standards, ensuring independence and adherence to ethical responsibilities[75] - The report was issued by Deloitte Touche Tohmatsu LLC on July 15, 2021, confirming the integrity of the financial statements reviewed[77]

Financial Performance - Total revenue for the first quarter of FY2021 was ¥619.7 billion, a decrease of 0.6% compared to the same period last year[5]. - Operating profit for the first quarter increased by 23.3% to ¥113.0 billion, despite a decline in revenue[7]. - Gross profit margin improved by 2.2 percentage points to 52.4% in the first quarter[7]. - Net profit attributable to the parent company was ¥70.4 billion, a decrease of 0.7% year-on-year[7]. - UNIQLO Japan's Q1 revenue reached ¥253.8 billion, an increase of 8.9% year-on-year, with operating profit rising by 55.8% to ¥60 billion[8]. - Same-store sales in Japan increased by 7.3%, driven by strong sales of homewear and seasonal items[8]. - Online store sales in Japan grew significantly by 48.3% to ¥36.7 billion[8]. - UNIQLO Overseas reported Q1 revenue of ¥260.6 billion, a decrease of 7.2%, while operating profit increased by 9.5% to ¥41.4 billion[9]. - The global brand segment reported Q1 revenue of ¥28 billion, down 22.3%, with an operating loss of ¥2 billion[11]. - For the three months ended November 30, 2020, the company reported revenues of ¥619,797 million, a slight decrease of 0.1% compared to ¥623,484 million for the same period in 2019[42]. - Operating profit decreased to ¥113,094 million, down 10.5% from ¥91,690 million year-over-year[42]. - The company reported a comprehensive income of ¥67,641 million for the three months ended November 30, 2020, compared to ¥110,125 million in the same period last year[43]. Assets and Liabilities - The total assets increased to ¥2,539.5 billion from ¥2,528.3 billion year-on-year[5]. - Cash and cash equivalents at the end of the period were ¥1,154.6 billion, up from ¥1,115.0 billion year-on-year[5]. - Total assets as of November 30, 2020, were ¥2,539,457 million, an increase from ¥2,411,990 million as of August 31, 2020[40]. - Total liabilities increased to ¥1,500,432 million from ¥1,415,910 million, indicating a rise in financial obligations[40]. - The company's equity totaled ¥1,039,025 million, up from ¥996,079 million, reflecting a growth in shareholder value[40]. Cash Flow - Operating cash flow for the three months ended November 30, 2020, was ¥1,403 billion, a 43.7% increase year-over-year[14]. - The net cash generated from operating activities was ¥140,334 million for the three months ended November 30, 2020, up from ¥97,650 million in the same period of 2019, indicating a 43.6% increase[49]. - Cash and cash equivalents as of November 30, 2020, were ¥11,546 billion, an increase of ¥610 billion from the previous fiscal year-end[13]. Business Strategy and Expansion - The company aims to expand its overseas UNIQLO and GU businesses, as well as global e-commerce operations[7]. - The company continues to open UNIQLO stores in various markets and flagship stores in major cities worldwide[7]. - The company plans to continue expanding its UNIQLO and GU brands both domestically and internationally, focusing on enhancing online sales channels[50]. - The company is investing in new technologies and product development to improve operational efficiency and customer experience[50]. Stock Options and Shareholder Information - The company granted stock options to 694 employees and 1,435 employees of its subsidiaries, totaling 22,306 stock options[26]. - The exercise price for the stock options is set at 1 yen per share, with a fair value of 78,237 yen and a paid-in capital of 39,119 yen on the grant date[26]. - The total number of issued shares as of November 30, 2020, is 106,073,656 shares[34]. - The company declared a dividend payment of ¥24,504 million during the period[47]. - Basic earnings per share for the period was ¥689.29, slightly down from ¥694.73 in the previous year[42]. Market Conditions and Challenges - The first quarter saw a net loss of ¥5.9 billion due to foreign exchange losses, impacting pre-tax profit which grew by 5.0% to ¥107.1 billion[7]. - The impact of COVID-19 is expected to continue affecting business operations, with a recovery anticipated by August 2021[52]. - The company experienced a decrease in retained earnings, which stood at ¥942,343 million as of November 30, 2019, down from ¥933,303 million at the beginning of the period[45]. Audit and Compliance - The financial statements have been prepared in accordance with International Accounting Standard 34[37]. - Deloitte Touche Tohmatsu LLC reviewed the quarterly financial statements for the three-month period ending November 30, 2020[38]. - Management is responsible for preparing the interim condensed consolidated financial statements in accordance with International Accounting Standard 34[85].

Financial Performance - Total revenue for the fiscal year ending August 31, 2020, was ¥2,008,846 million, a decrease of 12.3% compared to the previous year[7]. - Operating profit for the same period was ¥149,347 million, down 42.1% year-over-year[7]. - Profit attributable to owners of the parent company was ¥90,357 million, a decline of 44.4% from the previous year[7]. - Operating income for the fiscal year ending August 31, 2020, was ¥156,356 million, a decrease of 15.4% from the previous year[9]. - Net income for the same period was ¥62,422 million, down 41.1% compared to the previous year[9]. - The overall pre-tax profit for the fiscal year was ¥152.8 billion, a decrease of 39.4% year-on-year[49]. - The company recorded impairment losses of ¥23.0 billion for the fiscal year due to deteriorating performance caused by the pandemic[49]. - The company reported a total comprehensive income of ¥109,085 million for the year ended August 31, 2020, compared to ¥155,049 million in the previous year, a decrease of 29.6%[199]. Assets and Liabilities - Total assets increased to ¥2,411,990 million, up 19.9% from the previous year[7]. - Total liabilities rose to ¥1,415,910 million, an increase of 37.8% from ¥1,027,024 million in the previous year[195]. - Non-current assets significantly increased to ¥756,799 million, up from ¥372,384 million, marking a growth of 103.5%[195]. - Cash and cash equivalents at the end of the fiscal year were ¥1,093,531 million, reflecting a slight increase from ¥1,086,519 million in the previous year[7]. Employee and Workforce - The number of employees increased to 57,727, up from 56,523 in the previous year[7]. - The total number of employees across all divisions was 57,727 as of August 31, 2020, a decrease from 70,765 the previous year[27]. - The average annual salary for employees was 9,013 thousand JPY as of August 31, 2020[29]. - The increase in employee numbers was primarily due to new store openings, indicating ongoing market expansion efforts[27]. Market Expansion and Strategy - The company has been expanding its market presence, with significant historical milestones including the establishment of UNIQLO stores in various international locations[11]. - UNIQLO opened its first global flagship store in New York's Soho, covering over 3,300 square meters[13]. - The overseas UNIQLO business is a key growth driver, with plans to open numerous stores in Greater China, Southeast Asia, and Oceania, while also targeting profitability in the U.S. market[37]. - The company aims to become the world's leading digital consumer retail company in the apparel sector, focusing on expanding overseas UNIQLO and GU businesses, as well as e-commerce operations[33]. COVID-19 Impact - The company faced significant challenges during the fiscal year ending August 2020 due to the COVID-19 pandemic, which had a more severe impact on the global economy than the 2008 financial crisis[32]. - The COVID-19 pandemic has negatively impacted all business operations, leading to factory shutdowns, logistics delays, and reduced store operating hours[44]. - The group is actively expanding overseas business, increasing the proportion of overseas sales in total net sales[44]. - The group has implemented emergency measures based on expert advice to prevent the spread of COVID-19 among employees and customers[44]. Sustainability and Governance - The company is focused on sustainable development, addressing ESG issues such as labor conditions, human rights, and environmental protection in its production processes[40]. - The company aims to reduce plastic usage in shopping bags and product packaging by 85% (approximately 7,800 tons) by 2020[54]. - The company has established a sustainable development committee focusing on climate change, energy efficiency, and waste management[44]. - The company has established various committees, including the Sustainability Committee and the Disclosure Committee, to enhance governance and transparency[129]. Shareholder Information - The total dividend for the fiscal year remained at 480 yen per share, consisting of an interim dividend of 240 yen and a year-end dividend of 240 yen[122]. - The company aims to improve performance and distribute profits reasonably based on performance, maintaining a high dividend payout policy[122]. - The major shareholders include Masaru Yanai with 22,037 thousand shares (21.58%) and The Master Trust Bank of Japan, Ltd. with 20,785 thousand shares (20.36%) as of August 31, 2020[109]. Risk Management - The group has established a risk management committee directly overseen by the board, responsible for identifying significant risks and enhancing management systems[41]. - The company conducts regular risk analyses to identify potential financial losses, business interruptions, or damage to brand reputation, implementing measures to manage these risks[144]. - The company has established a liability limitation agreement with external directors and auditors, capping liability at 5 million yen or a higher statutory amount[140]. Corporate Governance - The board consists of nine members, including five external directors, enhancing the board's independence and supervisory functions[126]. - The company has established a strict internal control system to ensure compliance with group policies and regulations, enhancing operational legality and efficiency[141]. - The company emphasizes the importance of diverse opinions from external auditors and directors in its decision-making process[166].

Financial Performance - Total revenue for the first three quarters of FY2020 was ¥1,544.924 billion, a decrease of 15.2% compared to the same period last year[9]. - Operating profit for the same period was ¥132.383 billion, down 46.6% year-on-year[9]. - Profit attributable to owners of the parent for the quarter was ¥90.640 billion, a decline of 42.9% compared to the previous year[9]. - Japan UNIQLO's revenue for the first three quarters of the fiscal year was ¥598.8 billion, a decrease of 14.6% year-on-year, with operating profit down 18.1% to ¥79.1 billion[10]. - Overseas UNIQLO's revenue for the first three quarters was ¥673.5 billion, down 17.9%, with operating profit declining 58.5% to ¥51.8 billion[11]. - GU's revenue for the first three quarters was ¥187.4 billion, a slight increase of 1.1%, while operating profit fell 22.2% to ¥20.4 billion[12]. - Global Brands' revenue for the first three quarters was ¥83.3 billion, a decrease of 26.7%, resulting in an operating loss of ¥6.0 billion[13]. - The company reported a decrease in pre-tax profit to ¥142.4 billion, down by ¥104.7 billion year-over-year[16]. - The company reported a net profit of ¥91,475 million for the nine months ended May 31, 2020, compared to ¥173,993 million for the same period in 2019, indicating a decline of about 47%[40]. - For the nine months ended May 31, 2020, the company reported a net profit of ¥90,640 million, compared to ¥247,211 million for the same period in 2019, indicating a significant decline[47]. Impairment and Losses - The company recorded an impairment loss of ¥15.2 billion on property, plant, and equipment due to poor performance of loss-making stores[9]. - Impairment losses for the nine months ended May 31, 2020, totaled ¥15,296 million, significantly higher than the ¥2,050 million recorded for the same period in 2019[72][75]. - The company reported a significant increase in impairment losses related to right-of-use assets, amounting to ¥11,732 million for the nine months ended May 31, 2020[74]. - The impairment losses primarily stemmed from declining profitability of several stores, including flagship locations, due to the pandemic[75][76]. Cash Flow and Assets - The net cash generated from operating activities was ¥173.122 billion for the nine-month period[6]. - As of May 31, 2020, total assets amounted to ¥2,337,738 million, an increase from ¥2,010,558 million as of August 31, 2019, representing a growth of about 16.1%[35]. - Cash used in investing activities was ¥70 billion, a decrease of ¥3.4 billion or 4.7% year-over-year[17]. - Cash used in financing activities increased to ¥149.4 billion, up by ¥54.7 billion or 57.8% year-over-year[18]. - The company’s cash and cash equivalents at the end of the period were ¥1,045,734 million, a decrease from ¥1,105,085 million at the beginning of the period, representing a net decrease of ¥40,785 million[47]. Market Expansion and Strategy - The company aims to expand its overseas UNIQLO and GU businesses, focusing on major cities and flagship stores[9]. - The overseas UNIQLO business is currently in a growth phase, particularly in Greater China and Southeast Asia[9]. - The company plans to establish itself as the world's leading apparel retail manufacturer through digital consumer retail initiatives[9]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[40]. - The company plans to continue expanding its UNIQLO and GU brands both domestically and internationally, focusing on enhancing its online retail presence[48]. COVID-19 Impact - In the third quarter, revenue dropped by 35.5% year-on-year, and operating profit fell by 74.0% due to COVID-19 impacts, with 311 out of 813 stores temporarily closed[10]. - In the third quarter, all regions experienced significant declines in revenue and profit due to COVID-19, but online sales showed growth due to promotional measures[11]. - The company has been actively supporting communities during the pandemic, donating millions of masks and protective gear to healthcare institutions[14]. - The company anticipates that the impact of COVID-19 will continue until at least August 2021, affecting store operations and profitability[75]. - The impact of COVID-19 on the group's performance is expected to persist until August 2021, with gradual recovery anticipated from June 2020[64]. Financial Reporting and Standards - The group has adopted IFRS 16 "Leases" starting from the first quarter of the fiscal year, with no restatement of prior period information[52]. - The accounting treatment for leases includes recognizing right-of-use assets and lease liabilities for leases other than short-term and low-value asset leases[54]. - The group’s financial statements are prepared in accordance with International Accounting Standards, ensuring compliance with all relevant standards[50]. - The interim financial statements for the nine months ended May 31, 2020, were approved by the Chairman and CFO on July 10, 2020[49]. - The group has clarified the accounting treatment for uncertainties in income tax under IFRIC 23[51].