FAST RETAILING CO., LTD. 迅銷有限公司 （於日本註冊成立的有限公司） 香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 （股份代號：6288） 截至 2024 年 11 月 30 日止三個月 第一季度業績公告 及 恢復買賣 迅銷有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公司及其附屬公司（統稱「本集團」）截至 2024 年 11 月 30 日止三個月的綜合業績。 應本公司要求，其香港預託證券自 2025 年 1 月 9 日（星期四）下午一時正起於聯交所短暫停止買賣，以待發佈本公告。本 公司將向聯交所申請自 2025 年 1 月 10 日（星期五）上午九時正起恢復買賣香港預託證券。 （除另有指明外，金額向下調整至最接近百萬日圓） 1. 綜合業績 (1) 綜合經營業績（2024 年 9 月 1 日至 2024 年 11 月 30 日） （百分比表示同比變化） | | 收益 | | 經營溢利 | | 所 ...

Financial Performance - Total revenue for the fiscal year 2023/24 is projected to reach ¥3,103,836 million, representing a 12.2% increase from ¥2,766,557 million in the previous year[5]. - Operating profit is expected to grow to ¥500,904 million, up 31.7% from ¥381,090 million in the prior year[5]. - Profit attributable to owners of the parent is forecasted at ¥371,999 million, a 25.6% increase compared to ¥296,229 million in the last fiscal year[5]. - Operating income for the fiscal year ending August 31, 2024, is projected to be ¥438,206 million, representing a 33.5% increase from ¥327,932 million in the previous year[7]. - Net income for the fiscal year ending August 31, 2024, is expected to reach ¥306,135 million, up from ¥209,145 million, indicating a growth of 46.5%[7]. - Consolidated operating profit amounted to ¥500.9 billion, a significant year-over-year growth of 31.4%, achieving the highest performance level in history[118]. - The net income before tax for the group was ¥557.2 billion, reflecting a 27.2% increase compared to the previous year[118]. Assets and Cash Flow - The total assets are anticipated to rise to ¥3,587,565 million, reflecting an increase of 8.6% from ¥3,303,694 million[5]. - The cash and cash equivalents at year-end are projected to be ¥1,193,560 million, an increase from ¥903,280 million last year[5]. - The net cash generated from operating activities is projected to be ¥651,521 million, a significant increase from ¥463,216 million in the previous year[5]. - As of August 31, 2024, cash and cash equivalents amounted to ¥1,193.5 billion, an increase of ¥290.2 billion from the previous fiscal year-end[132]. - Operating cash flow for the year ending August 31, 2024, was ¥651.5 billion, up from ¥463.2 billion in the previous year, driven by a pre-tax profit of ¥557.2 billion[132]. Employee and Workforce - The company has reported an increase in the number of employees to 60,454, up from 59,871 in the previous year[5]. - The number of employees is projected to decrease to 1,601 in the fiscal year ending August 31, 2024, down from 1,707[7]. - The total number of employees across all divisions reached 60,454, an increase from 52,145 in the previous year[30]. - The average salary for employees in the company was 11,792 thousand yen[31]. - The employment rate of disabled individuals in Japan reached 4.91% in 2024, exceeding the legal requirement of 2.5%[88]. - The employee engagement survey for 2024 resulted in a composite index of 74.7%, with a response rate of 89% from 34,556 out of 38,770 surveyed employees[106][107]. Market Expansion and Strategy - The company aims to enhance its market presence through new product development and strategic expansions[5]. - UNIQLO opened its first store in Luxembourg in October 2023[15]. - The company established a global flagship store in Beijing, China in November 2021[15]. - UNIQLO launched a new roadside store in Maebashi, Japan in April 2023[15]. - Fast Retailing plans to open approximately 150 new UNIQLO stores overseas with a capital investment of ¥101,200 million for the fiscal year 2025[159]. - The company aims to open around 30 new UNIQLO stores in Japan with a capital investment of ¥8,100 million for the fiscal year 2025[159]. Sustainability and Environmental Initiatives - The company is pursuing a sustainable business model that includes reducing greenhouse gas emissions and promoting recycling and reuse by the fiscal year ending August 2030[43]. - The company aims to reduce greenhouse gas emissions by 90% by 2030 compared to 2019 levels[64]. - As of August 2023, the company's greenhouse gas emissions have decreased by 69.4% compared to August 2019, with renewable energy usage at 67.6%[64]. - The company has set specific goals and KPIs for reducing greenhouse gas emissions and waste, using recycled materials, and ensuring traceability in its supply chain management[58]. - The company has initiated the "RE.UNIQLO" program to promote a circular economy through initiatives like clothing repair, donation, and recycling[62]. - UNIQLO's RE.UNIQLO initiative aims to promote a circular economy through activities such as REDUCE, REUSE, and RECYCLE, with plans to expand repair services to over 60 stores by December 2024[73]. Financial Strategy and Investments - The company aims to achieve revenue of 3 trillion yen by the end of the fiscal year ending August 2024, with significant growth in customer base in Europe and the United States[40]. - The mid-term target is to reach 5 trillion yen in revenue by the end of the fiscal year ending August 2028, focusing on achieving a double-digit annual growth rate[41]. - The total capital investment for the year was ¥112.1 billion, an increase of ¥10 billion from the previous year, including ¥57.6 billion for overseas UNIQLO operations[118]. - The financial strategy focuses on maximizing free cash flow while maintaining a stable financial condition and ensuring necessary growth investment funds[144]. - The company has raised ¥500 billion through corporate bond financing to diversify funding sources and enhance capital efficiency[144]. Risk Management - The company has established a risk management committee to identify and manage potential business risks[63]. - The group has identified significant risks that could severely impact its operational performance and financial condition, including management personnel risks and environmental risks[112]. - The risk management committee is chaired by the group's CFO and is responsible for centralized management of risks across the company[110]. - The group is committed to reducing greenhouse gas emissions and improving energy efficiency as part of its climate change response strategy[113]. Corporate Governance and Shareholder Information - The company has a stock option plan for its employees, with various tranches of stock options issued over the years[166]. - The total number of issued shares as of November 29, 2024, is 318,220,968[162]. - Major shareholders include The Master Trust Bank of Japan, Ltd. with 66,701 thousand shares (21.75%) and Custody Bank of Japan, Ltd. with 32,446 thousand shares (10.58%) as of August 31, 2024[200]. - The company has a policy that if a stock option holder waives their right to purchase shares, the options will become invalid[171].

Store Operations - As of August 31, 2023, the total number of stores for UNIQLO in Japan was 797, with 37 new openings and 40 closures planned for the next year[3]. - The total number of overseas UNIQLO stores reached 1,698, with 144 new openings and 80 closures expected[3]. - The company plans to open 265 new stores globally while closing 248, resulting in a net increase of 10 stores[3]. - The total number of stores for GU was 472, with 38 new openings and 29 closures planned[3]. Employee Information - The total employee count as of August 31, 2024, was 60,454, reflecting an increase of 583 employees compared to the previous fiscal year[4]. - The average age of employees is 38 years and 6 months, with an average tenure of 5 years and 5 months[6]. - The number of employees in overseas UNIQLO increased by 1,134 to a total of 36,800[4]. Shareholder Information - The total issued shares amounted to 318,220,968, with the top shareholder, The Master Trust Bank of Japan, holding 21.75%[7]. - The company reported a total of 19,779 shareholders as of August 31, 2024[7]. Financial Performance - The total comprehensive income for the year ended August 31, 2024, was ¥371,999 million[41]. - The retained earnings as of August 31, 2024, increased to ¥1,766,073 million from ¥1,498,348 million[41]. - The company declared dividends amounting to ¥104,274 million[41]. - The capital surplus increased to ¥29,712 million as of August 31, 2024, from ¥28,531 million[41]. - The company reported a total equity of 2,068,254 million JPY as of August 31, 2024, reflecting a year-on-year increase[42]. - The company reported a decrease in net assets of 68,533 million JPY during the year[42]. - The company’s equity increased from ¥1,005,644 million to ¥1,208,817 million, reflecting a growth of about 20.2%[104]. Corporate Governance - The company maintains a focus on corporate governance by ensuring independent oversight through its board and committees[8]. - The independent auditor's remuneration for the fiscal year ending August 31, 2024, is set at 299 million yen, with total cash and other economic benefits amounting to 343 million yen[10]. - The independent auditor, Deloitte Touche Tohmatsu LLC, was selected based on established evaluation and selection criteria, ensuring quality management and independence[13]. - The company emphasizes a corporate governance policy aimed at becoming a globally trusted brand, with over half of the board seats held by external directors to enhance independence and oversight[19]. - The company has established various committees, including a sustainability committee and a risk management committee, to address stakeholder expectations and enhance decision-making processes[19]. Risk Management - The company conducts regular risk analyses to identify potential financial losses and business interruptions, implementing measures to mitigate these risks[23]. - The Risk Management Committee held a total of 4 meetings in 2024 to address potential business risks[38]. Financial Assets and Liabilities - The company’s financial assets are measured at fair value through profit or loss or at amortized cost, depending on their classification[46]. - The company has implemented a credit loss provision for financial assets measured at amortized cost, assessing credit risk at each reporting date[48]. - The company maintains control over transferred financial assets, recognizing them and related liabilities if it retains significant risks and rewards[49]. - The fair value of financial assets totals 514,459 million yen, while the fair value of financial liabilities is 234,727 million yen[95][96]. Revenue Recognition - The group applies IFRS 15 for revenue recognition, confirming revenue upon delivery of clothing products when control is transferred to customers[64]. - Total revenue reached 3,103,836 million yen, with UNIQLO contributing 85.2% of total revenue at 2,644,060 million yen[74]. Audit and Compliance - The audit report confirms that the business report and supplementary schedules adequately present the company's situation according to applicable laws and regulations[131]. - The independent auditor has confirmed the appropriateness of the internal control system as per the board's resolutions[131]. - The company is responsible for preparing and fairly presenting financial statements in accordance with Japanese GAAP, ensuring no significant misstatements due to fraud or error[125]. Dividends - The company approved a dividend of 50,600 million yen, with a per-share dividend of 165 yen for the fiscal year ending August 31, 2023[85]. - The company plans to pay a dividend of 53,674 million yen, with a per-share dividend of 175 yen for the fiscal year ending August 31, 2024[86]. - The total dividend amount for 2024 is 69,016 million yen, with a per share dividend of 225 yen[87].

Financial Performance - Fast Retailing's total revenue has increased nearly 100 times since its IPO, with the fiscal year 2024 expected to surpass 3 trillion yen for the first time[2]. - The consolidated revenue for the fiscal year ending August 2024 reached ¥3,103.8 billion, an increase of 12.2% year-over-year, marking the first time revenue surpassed ¥3 trillion[66]. - Operating profit for the same period was ¥500.9 billion, reflecting a significant year-over-year growth of 31.4%, achieving a historical high[66]. - Profit before tax increased to ¥557.2 billion, up 27.2% compared to the previous year, while net profit attributable to shareholders rose by 25.6% to ¥371.9 billion[66]. - The board proposed a year-end dividend of ¥400 per share, reflecting the company's strong financial performance[74]. - The total assets as of August 31, 2024, are projected to be ¥3,587.5 billion, an increase of ¥283.8 billion from the previous fiscal year[124]. - The net assets are expected to reach ¥2,068.2 billion by the end of August 2024, an increase of ¥194.8 billion compared to the previous year[124]. - The company aims to achieve a revenue target of ¥10 trillion, driven by the cultivation of local talent and management in overseas markets[113]. Human Resources and Management - The company emphasizes the importance of investing in human resources, focusing on developing managerial talent and essential store staff[2]. - Fast Retailing has established a training system to ensure employees understand the company's philosophy and values, promoting continuous growth[2]. - The company plans to continue investing significantly in human resource development to ensure future growth[2]. - The company aims to foster a culture of "full participation management" by empowering employees to identify and solve problems collaboratively[2]. - The company recognizes the importance of diverse backgrounds among employees to drive significant growth opportunities[32]. - The company is committed to strengthening human capital investment and nurturing management talent to enhance operational capabilities[131]. Sustainability and Social Responsibility - The company is committed to sustainable management practices to contribute to societal progress and aims for long-term growth[2]. - The company aims to achieve a 90% reduction in greenhouse gas emissions from self-operated stores and offices by fiscal year 2030, compared to 2019 levels[97]. - The company has set a goal of achieving zero greenhouse gas emissions by 2050[97]. - The company has been recognized for its transparency and leadership in climate change response, being included in the CDP's highest rating "A List" for two consecutive years[95]. - The group aims to foster international awareness among children through participation in humanitarian projects, enhancing their understanding of refugee issues[102]. - The company is committed to improving labor conditions and respecting human rights throughout its supply chain[101]. Corporate Governance - The upcoming shareholder meeting will address the approval of changes to the company's articles of incorporation and the election of 10 directors and 2 statutory auditors[4]. - The board candidates possess extensive experience in corporate management, global business, and sustainable development, with specific expertise in IT, logistics, finance, and accounting[9]. - The board has maintained a 100% attendance rate for all meetings, indicating strong commitment and engagement from its members[11]. - The company emphasizes the importance of independent directors providing accurate insights based on their extensive knowledge and experience in the market[17]. - The company has established limited liability contracts with external directors to ensure they can fulfill their responsibilities, with a damage compensation limit set at 5 million yen or the higher amount stipulated by law[54]. - The company has a liability insurance contract for executives, which will cover damages arising from claims related to their duties, and this contract is renewed annually[58]. - The company has established a clear standard for assessing the independence of external directors based on Tokyo Stock Exchange regulations[55]. Global Expansion and Market Strategy - The company aims to enhance its global business and social responsibility while promoting the mission of making the world better through the apparel industry[13]. - The company is accelerating the global expansion of UNIQLO and GU stores, leveraging the experience of external board candidates to enhance store opening strategies and logistics[20]. - UNIQLO plans to open at least 20 new stores in Europe, North America, and Asia in the fall of 2024, aiming to enhance local customer engagement[83]. - The company plans to enhance its global brand presence, particularly in North America and Europe, by expanding same-store sales and online sales while opening flagship and large stores[136]. - The company is focused on enhancing its operational capabilities across various countries, aiming to establish a leading global framework in product, online store, and customer service areas[138]. Digitalization and IT Investment - The company is focused on leveraging digitalization and IT to improve operational efficiency and customer experience[9]. - The group is investing efficiently in IT to transform into a "digital retail enterprise," aiming to convert data analysis into business intelligence[24]. - The company is focusing on increasing its IT talent pool to establish a framework that supports achieving its next stage goals[24]. - The external board candidates bring extensive knowledge and experience from their previous roles, which is deemed valuable for the company's IT, digitalization, and ESG initiatives[23]. Community Engagement and Initiatives - In the 2024 fiscal year, approximately 68,000 students participated in the "Power of Clothing" project across 733 schools in Japan[103]. - The "UNIQLO Next Generation Development Program" involves global sports ambassadors to promote youth development through sports[106]. - The group emphasizes the importance of cultivating future leaders by engaging with top athletes who embody values of honesty and perseverance[108]. - The company aims to expand its "PEACE FOR ALL" charity T-shirt project, donating approximately 20% of each T-shirt's sale price to international activities[169].

Meeting Details - The 2024 fiscal year ordinary general meeting of shareholders is scheduled for November 28, 2024, at 10:30 AM Japan time[4]. - The fiscal year 2024 covers the period from September 1, 2023, to August 31, 2024[4]. - The agenda includes the presentation of the business report and consolidated financial statements for the fiscal year 2024[4]. - The meeting will address the election of ten directors and two statutory auditors[4]. - The record date for eligible shareholders to attend and vote at the meeting is August 31, 2024[3].

Trading Resumption - Fast Retailing Co., Ltd. will apply to the Stock Exchange to resume trading of Hong Kong Depositary Receipts starting from October 14, 2024, at 9:00 AM[2] - There were two corrections made in the annual performance announcement regarding the resumption of trading dates[2] Annual Performance Announcement - The annual performance announcement for the year ending August 31, 2024, was published on October 10, 2024[1]

Financial Performance - Total revenue for the fiscal year ending August 31, 2024, reached ¥3,103,836 million, representing a year-on-year increase of 12.2%[2] - Operating profit for the same period was ¥500,904 million, showing a significant growth of 31.4% compared to the previous year[2] - Net profit attributable to shareholders increased by 25.6% to ¥371,999 million for the fiscal year ending August 31, 2024[3] - For the fiscal year ending August 31, 2024, the total consolidated revenue reached ¥3,103.8 billion, representing a 12.2% increase year-over-year[14] - The consolidated operating profit for the same period was ¥500.9 billion, reflecting a 31.4% year-over-year growth, achieving the highest performance level in history[14] - The net income attributable to the parent company for the fiscal year was ¥371.9 billion, an increase of 25.6% compared to the previous year[14] - The company reported a total of ¥12,197 million in other income for the fiscal year ending August 31, 2023, which increased to ¥20,384 million for the fiscal year ending August 31, 2024[42] - The financing income for the fiscal year ending August 31, 2023, was ¥66,716 million, which is expected to rise to ¥67,399 million for the fiscal year ending August 31, 2024[43] - The financing costs for the fiscal year ending August 31, 2023, totaled ¥9,888 million, projected to increase to ¥11,101 million for the fiscal year ending August 31, 2024[44] Assets and Equity - The total assets as of August 31, 2024, amounted to ¥3,587,565 million, with total equity of ¥2,068,254 million, resulting in an equity ratio of 56.2%[4] - Cash and cash equivalents increased by ¥290.2 billion to ¥1,193.56 billion as of August 31, 2024[23] - The net asset value as of August 31, 2024, was ¥2,068.254 billion, an increase of ¥194.8 billion from the previous fiscal year[27] - Retained earnings increased by ¥267.7 billion to ¥1,766.073 billion as of August 31, 2024[27] - The company’s total equity as of August 31, 2023, was ¥1,821,405 million, with non-controlling interests amounting to ¥51,955 million[30] Future Projections - The forecast for the fiscal year ending August 31, 2025, anticipates revenue of ¥3,400,000 million, reflecting a growth of 9.5%[7] - Projected net profit attributable to shareholders for the fiscal year ending August 31, 2025, is expected to be ¥385,000 million, indicating a growth of 3.5%[7] - The expected operating profit for fiscal year 2025 is ¥530 billion, reflecting a year-on-year increase of 5.8%[25] - The total number of stores is projected to reach 3,698 by the end of August 2025, with 797 stores in Japan and 1,778 stores overseas[25] Segment Performance - The total revenue for the Japan UNIQLO segment was ¥932.2 billion, a 4.7% increase year-over-year, with operating profit rising by 32.2% to ¥155.8 billion[15] - The overseas UNIQLO segment reported total revenue of ¥1,711.8 billion, a 19.1% increase year-over-year, with operating profit increasing by 24.9% to ¥283.4 billion[16] - The North America region's revenue grew by 32.8% to ¥217.7 billion, with operating profit increasing by 65.1% to ¥34.8 billion[16] - The Europe region saw a revenue increase of 44.5% to ¥276.5 billion, with operating profit rising by 70.1% to ¥46.5 billion[16] - GU segment revenue totaled ¥319.1 billion, an increase of 8.1% year-on-year, with operating profit reaching ¥33.7 billion, up 28.9% year-on-year[17] - Global Brands segment revenue was ¥138.8 billion, a decrease of 2.0% year-on-year, with operating profit turning from a loss of ¥30 billion to a profit of ¥6 billion[18] Sustainability and Social Responsibility - UNIQLO's recycled materials accounted for 16% of all materials used in Spring/Summer 2024 products, up from 6% in the previous year, with recycled polyester making up 43% of all polyester used[19] - The company aims to reduce greenhouse gas emissions from stores and major offices by 90% by August 2030 compared to August 2019 levels[20] - Cumulative donations from the "PEACE FOR ALL" initiative reached ¥1.668 billion by the end of August 2024, supporting humanitarian organizations[21] - The company has updated its "Production Partner Code of Conduct" to enhance the protection of foreign workers' rights as part of its commitment to responsible employment[19] - The company is collaborating with external partners to implement specific measures for biodiversity protection, following the release of its biodiversity protection policy in November 2023[20] Capital Expenditures and Investments - The company plans to invest ¥112.1 billion in capital expenditures, including investments in new store openings and automated warehousing systems[14] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[28] Impairment and Inventory Management - The impairment loss for the year ended August 31, 2023, was 3,958 million yen, while for the year ended August 31, 2024, it decreased to 2,379 million yen[46] - The total impairment loss return for the year ended August 31, 2024, was 4,079 million yen, indicating a recovery in store profitability due to local market recovery[47] - The company reported a decrease in inventory from ¥1,498,348 million to ¥1,766,073 million, indicating a strategic shift in inventory management[31] Corporate Governance - The company plans to hold its 63rd Annual General Meeting on November 28, 2024, for the reappointment of directors[56] - The company has appointed external statutory auditors, Kaneko Keiko and Mori Masakatsu, in compliance with Japanese Company Law[58] - The current statutory auditor, Shinjo Masaaki, is set to retire[58] - The board of directors includes Masayoshi Son as Chairman, President, and CEO, along with other executive and independent non-executive directors[59] Stock and Trading Information - Trading of the company's Hong Kong depositary receipts was temporarily suspended on October 10, 2024, pending the announcement[58] - Trading is expected to resume on October 11, 2024, at 9:00 AM[58]

Topic 1: Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the North American market [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8% due to increased marketing and R&D investments [3]. Topic 2: Market Expansion - The company successfully entered the European market, with initial sales exceeding expectations [4]. - A new distribution center was opened in Asia to support regional growth [5]. - Strategic partnerships were formed with local retailers to enhance market penetration [6]. Topic 3: Product Development - Launched three new products in the tech segment, which contributed to 20% of total revenue [7]. - R&D spending increased by 10% to accelerate innovation and product differentiation [8]. - Customer feedback on the new product line has been overwhelmingly positive [9]. Topic 4: Operational Efficiency - Implemented a new supply chain management system, reducing delivery times by 15% [10]. - Automation in manufacturing processes led to a 5% reduction in production costs [11]. - Employee training programs were expanded to improve operational efficiency [12]. Topic 5: Sustainability Initiatives - The company achieved a 30% reduction in carbon emissions through renewable energy projects [13]. - Introduced eco-friendly packaging for all product lines, reducing plastic usage by 25% [14]. - Committed to achieving net-zero emissions by 2030, with detailed plans in place [15]. Topic 6: Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [16]. - Strengthened compliance programs to ensure adherence to global regulatory standards [17]. - Conducted annual shareholder meetings with increased transparency and engagement [18].

Financial Performance - Total revenue for the nine months ended May 31, 2024, was ¥2,366,501 million, representing a 10.4% increase year-over-year[2] - Operating profit for the same period was ¥401,803 million, showing a 21.5% increase compared to the previous year[2] - Net profit attributable to the parent company for the nine months was ¥312,838 million, a 31.2% increase year-over-year[2] - The company forecasts total revenue of ¥3,070,000 million for the fiscal year ending August 31, 2024, an 11.0% increase from the previous year[6] - Projected operating profit for the same fiscal year is ¥475,000 million, reflecting a 24.6% increase[6] - The forecasted net profit attributable to the parent company for the fiscal year is ¥365,000 million, a 23.2% increase[6] - Basic earnings per share for the fiscal year ending August 31, 2024, are projected to be ¥1,190.09[6] - For the first three quarters of the fiscal year 2024, the total consolidated revenue of Fast Retailing Co., Ltd. reached ¥2,366.5 billion, an increase of 10.4% year-on-year, with operating profit totaling ¥401.8 billion, up 21.5% year-on-year[10] Segment Performance - The Japan UNIQLO segment reported total revenue of ¥722.0 billion, a 1.7% increase year-on-year, and operating profit of ¥127.8 billion, which grew by 28.3% year-on-year, driven by strong sales of T-shirts and other products[11] - The overseas UNIQLO segment achieved total revenue of ¥1,292.8 billion, a year-on-year increase of 17.8%, with operating profit of ¥221.9 billion, up 20.6% year-on-year, benefiting from strong sales in Southeast Asia, India, and Australia[12] - The GU segment recorded total revenue of ¥246.4 billion, an 8.1% year-on-year increase, and operating profit of ¥29.4 billion, which grew by 14.2% year-on-year, supported by popular product sales[13] - The global brands segment reported total revenue of ¥103.7 billion, a decline of 2.5% year-on-year, and an operating loss of ¥0.3 billion, compared to an operating profit of ¥1.4 billion in the previous year, primarily due to sales challenges in the Theory business[14] Assets and Liabilities - Total assets as of May 31, 2024, amounted to ¥3,684,122 million, with total equity of ¥2,195,595 million[3] - The equity attributable to the parent company represented 58.0% of total assets as of May 31, 2024[3] - Total liabilities as of May 31, 2024, were ¥1,488.5 billion, an increase of ¥58.1 billion from the previous fiscal year-end[18] - Total equity reached ¥2,195.5 billion as of May 31, 2024, reflecting an increase of ¥322.2 billion compared to the previous fiscal year-end[18] Cash Flow - Operating cash flow for the nine months ended May 31, 2024, was ¥454.3 billion, up from ¥315.8 billion for the same period in 2023[19] - Investment cash flow for the nine months ended May 31, 2024, was a net cash outflow of ¥85.4 billion, compared to a net cash outflow of ¥505.8 billion for the same period in 2023[19] - Financing cash flow for the nine months ended May 31, 2024, was a net cash outflow of ¥229.5 billion, slightly down from ¥240.7 billion for the same period in 2023[20] Sustainability and Social Responsibility - The company aims to reduce greenhouse gas emissions from its stores and major offices by 90% by August 2030 compared to August 2019 levels[16] - As of August 2023, the company achieved a 69.4% reduction in internal greenhouse gas emissions compared to August 2019, up from a 45.7% reduction in the previous year[16] - The company has returned approximately $4.5 million (¥700 million) in employment fees to about 9,800 workers as part of its commitment to human rights in the supply chain[17] - The company plans to expand its RE.UNIQLO initiative, aiming to increase the number of RE.UNIQLO STUDIO locations from 44 to over 50 by December 2024[15] Future Outlook - The company plans to accelerate the opening of new stores, particularly for the overseas UNIQLO segment, which has become a key growth driver[10] - The company aims to enhance its product development and brand building efforts, particularly in the overseas UNIQLO segment, to strengthen its market presence[10] - The company emphasizes its "LifeWear" concept in its clothing production activities, focusing on sustainability and quality[10] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[26] Comprehensive Income - The total comprehensive income for the nine months ending May 31, 2024, was ¥526,845 million, significantly higher than ¥286,715 million for the same period last year, showcasing strong overall performance[24] - The company recorded other comprehensive income of ¥213,427 million, which includes gains from financial assets and foreign currency translation adjustments[25] Shareholder Returns - The company has announced a total dividend forecast of ¥400.00 for the fiscal year ending August 31, 2024[4] - The company declared dividends totaling ¥120,017 million, which includes a cash dividend of ¥104,274 million[26] - The company engaged in share buybacks, with a net purchase of treasury shares amounting to ¥0 million for the current period[26]

Financial Performance - Total revenue for the first half of the fiscal year 2024 reached ¥1,598.99 billion, representing a 9.0% increase compared to the same period last year[4] - Operating profit for the same period was ¥257.08 billion, reflecting a 16.7% year-on-year growth[4] - Profit before tax increased to ¥299.40 billion, marking a 29.9% rise compared to the previous year[4] - Net profit attributable to the parent company was ¥195.91 billion, up 27.7% year-on-year[4] - Gross profit margin improved by 2.4 percentage points to 52.9%[8] - UNIQLO Japan's total revenue for the first half of the fiscal year was ¥485.1 billion, a decrease of 2.0% year-over-year, while operating profit increased by 14.7% to ¥77.2 billion[9] - Overseas UNIQLO's revenue for the first two quarters was ¥883.9 billion, a year-over-year increase of 17.0%, with operating profit rising by 23.0% to ¥150.9 billion[10] - GU's revenue for the first two quarters was ¥159.5 billion, a year-over-year increase of 9.6%, with operating profit rising by 17.5% to ¥15.3 billion[11] - Total revenue for the six months ended February 29, 2024, was ¥1,598,999 million, up from ¥1,467,350 million for the same period in 2023, reflecting an increase of 8.9%[36] - Operating profit for the six months ended February 29, 2024, was ¥299,395 million, compared to ¥230,499 million for the same period in 2023, marking a growth of 29.9%[36] - Net profit attributable to the parent company for the six months ended February 29, 2024, was ¥195,912 million, up from ¥153,392 million in the same period of 2023, an increase of 27.8%[36] Cash Flow and Assets - Cash and cash equivalents at the end of the period stood at ¥1,065.86 billion[4] - Operating cash flow for the six months ended February 29, 2024, generated a net cash amount of ¥322.3 billion, compared to ¥177.4 billion for the same period in 2023[17] - Investment cash flow for the six months ended February 29, 2024, used a net cash amount of ¥54.1 billion, a significant decrease from ¥472.7 billion in the same period of 2023[18] - Financing cash flow for the six months ended February 29, 2024, used a net cash amount of ¥131.4 billion, compared to ¥159.7 billion for the same period in 2023[18] - As of February 29, 2024, total assets amounted to ¥3,495.8 billion, an increase of ¥192.1 billion compared to the end of the previous fiscal year[16] - Total liabilities as of February 29, 2024, were ¥1,428.1 billion, a decrease of ¥2.1 billion from the previous fiscal year-end[16] - Total equity reached ¥2,067.6 billion as of February 29, 2024, reflecting an increase of ¥194.3 billion from the previous fiscal year-end[16] Sustainability and Corporate Responsibility - The company emphasizes sustainable practices in its production activities under the "LifeWear" concept[8] - The company aims to reduce greenhouse gas emissions from stores and major offices by 90% by 2030 compared to 2019 levels[13] - The company donated a total of 88,000 items to disaster victims following the Noto Peninsula earthquake and contributed ¥100 million to humanitarian organizations[14] - Since the launch of the "PEACE FOR ALL" initiative, the company has generated approximately ¥970 million in profits from T-shirt sales, with 20% of proceeds donated to humanitarian support organizations[14] - The company achieved a ranking of 4th globally and 1st in the Asia-Pacific region in the "KnowTheChain" assessment for supply chain transparency and labor rights[13] - The company plans to expand its "RE.UNIQLO" initiative, aiming to increase the number of stores offering repair and recycling services from 42 to over 50 by the end of 2024[13] Strategic Initiatives - The company aims to enhance its digital retail capabilities and diversify global revenue sources[8] - Plans to accelerate the opening of new stores, particularly in the overseas UNIQLO segment, are in place[8] - The company is committed to expanding its GU brand both domestically and internationally as part of its strategic initiatives[45] - The company plans to continue expanding its market presence in Greater China and Southeast Asia, focusing on enhancing brand visibility and customer engagement[57] - The company has invested in new product development and technology to improve operational efficiency and customer experience[57] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[57] Shareholder Information - The total number of issued shares as of February 29, 2024, was 318,220,968 ordinary shares[23] - Major shareholders include The Master Trust Bank of Japan, Ltd. with 65,652 thousand shares (21.41%) and Yanai Tadashi with 56,571 thousand shares (18.44%) as of February 29, 2024[27] - The total voting rights for all shareholders amount to 3,065,617 as of February 29, 2024[30] - The company holds 11,510,000 shares as treasury stock, representing 3.62% of the total issued shares[31] - The company declared dividends amounting to ¥50,600 million during the reporting period[40] - The company declared a total dividend of ¥50,600 million on November 6, 2023, with a per-share dividend of ¥165[54] Compliance and Governance - The company has established a human rights committee to discuss strategies for increasing the proportion of female managers and reducing the gender pay gap[15] - The company conducted training for employees regarding the understanding and support of individuals with disabilities in anticipation of the new law effective April 2024 in Japan[15] - The company has maintained compliance with international accounting standards in preparing its interim consolidated financial statements[72] - The mid-term consolidated financial statements were reviewed according to International Accounting Standard 34, ensuring compliance with reporting standards[74] - Deloitte Touche Tohmatsu LLC confirmed no conflicts of interest under Japanese Certified Public Accountant Law between the group and the auditing firm[75]