2025-11-05 09:41Store and Employee Information - As of August 2024, the total number of stores for the group is 3,595, with a net increase of 239 stores during the year[5] - The total number of employees across the company is 59,522, reflecting a decrease of 932 employees from the previous fiscal year[7] - The number of UNIQLO stores in Japan is 794, with a net decrease of 3 stores from the previous year[5] - The overseas UNIQLO stores total 1,725, with a net increase of 27 stores[5] - The Greater China region has a total of 1,008 stores, down from 1,032, indicating a net decrease of 24 stores[5] - The company has reported a significant presence in the U.S. market, with 75 stores as of August 2024, up from 61 stores[5] Shareholder and Equity Information - The total issued shares amount to 318,220,968, with the top shareholder, The Master Trust Bank of Japan, holding 19.83%[10] - The company has a total of 26,545 shareholders as of August 31, 2025[10] - Shareholders' equity increased from ¥1,208,817 million in 2024 to ¥1,445,186 million in 2025, representing a growth of approximately 19.6%[107] - The company reported basic earnings per share of ¥1,411.44 and diluted earnings per share of ¥1,409.32 for the year[106] - The net asset value per share is ¥4,710.22, with net income per share at ¥1,230.71[134] Financial Performance - The total comprehensive income for the year ended August 31, 2025, was 482,937 million yen, with a net profit of 433,009 million yen[45] - Total revenue for the fiscal year reached ¥3,400,539 million, with Japan contributing ¥1,026,096 million (30.2%) and Greater China contributing ¥650,232 million (19.1%) to the total[80] - The company's net income increased from ¥306,135 million in 2024 to ¥377,566 million in 2025, reflecting a growth of around 23.3%[109] - Operating income rose from ¥323,593 million in 2024 to ¥380,827 million in 2025, an increase of about 17.7%[109] - Non-operating income surged from ¥23,049 million in 2024 to ¥46,671 million in 2025, marking a significant increase of approximately 102.5%[109] Corporate Governance and Audit - The independent auditor for the fiscal year ending August 31, 2025, is Deloitte Touche Tohmatsu LLC[14] - The independent auditor's remuneration was agreed upon by the statutory auditor committee based on the practical guidelines published by the Japan Audit & Supervisory Board Members Association[15] - The statutory auditor committee confirmed the appropriateness of the audit hours and remuneration for the fiscal year[15] - The company aims to enhance its corporate governance by having more than half of the board seats occupied by external directors to improve independence and oversight[21] - The independent non-executive directors attended 13 board meetings during the fiscal year, contributing insights from their diverse professional backgrounds[12] Compliance and Risk Management - The company emphasizes the importance of compliance and has designated compliance officers to address any related issues[23] - The company has set up a compliance hotline for reporting illegal actions or violations, ensuring a framework for compliance within the group[28] - A risk management analysis is conducted regularly to identify risks that could lead to financial losses, business interruptions, or damage to brand reputation[28] - The company maintains strict document management practices to ensure compliance with legal and regulatory requirements[24] - The company has established internal audit and legal departments to monitor compliance and internal control systems[25] Financial Assets and Liabilities - The financial assets are classified either at fair value through profit or loss or at amortized cost, with initial recognition occurring on the transaction date[49] - Financial assets measured at amortized cost will have expected credit losses recognized as bad debt provisions, evaluated at each reporting date[51] - The company employs derivative financial instruments, such as forward foreign exchange contracts, to hedge foreign currency risks, initially recognized at fair value[57] - The company has a comprehensive approach to managing financial liabilities, with initial recognition at fair value and subsequent measurement based on amortized cost or fair value[54] - Deferred tax assets are recognized based on unused tax losses and credits, limited to the extent that future taxable profits are likely to be available[75] Meetings and Committees - The Human Resources Committee discussed significant organizational changes and personnel system revisions, holding a total of 4 meetings by August 2025[35] - The Sustainability Committee focuses on sustainable development policies, environmental protection, and social contribution activities, also holding 4 meetings by August 2025[36] - The company held 12 meetings of the Disclosure Committee during the period ending August 2025[37] - The Risk Management Committee convened 4 times to address potential business risks[41] - The Information Technology Investment Committee met 7 times to review IT investment budgets[38] Accounting and Financial Reporting - Revenue is recognized based on the five-step model under IFRS 15, with revenue typically recognized at the point of delivery of goods[68] - Foreign currency transactions are recorded at the spot exchange rate on the transaction date, with monetary assets and liabilities translated at the current exchange rate at each reporting date[69] - The company has adopted new accounting standards, including IAS 7 and IFRS 7, which are not expected to have a significant impact on the annual consolidated financial statements[78] - The company is responsible for preparing and fairly presenting financial statements according to Japanese GAAP, ensuring no significant misstatements due to fraud or error[139] - The auditors aim to reasonably ensure that the financial statements do not contain significant misstatements due to fraud or error, which could influence economic decisions made by users[142]