Uniqlo owner Fast Retailing reports fourth consecutive year of profit

Core Insights - Fast Retailing, the parent company of Uniqlo, has reported an annual profit for the fourth consecutive year, with consolidated revenue rising 9.6% year-on-year to Y3.4 trillion ($22.3 billion) for the fiscal year ending August 31, 2025 [1] - The company anticipates continued growth, projecting a 10.3% increase in consolidated revenue to Y3.75 trillion for fiscal 2026 [4] Financial Performance - Business profit increased by 13.6% to Y551.1 billion, while profit attributable to owners of the parent grew 16.4% to Y433.0 billion [1] - Uniqlo Japan reported revenue of Y1.02 trillion, a 10.1% increase, and business profit of Y181.3 billion, up 17.5% from the previous year [2] - Uniqlo International posted revenue of Y1.91 trillion, an 11.6% increase, and business profit of Y305.3 billion, a 10.6% rise [2] Market Performance - Revenue in North America grew significantly by 24.5%, with business profit rising 35.1% [1] - Despite a decline in revenue and profit in the Greater China market, operations in South Korea, Southeast Asia, India, Australia, North America, and Europe reported gains [3] Brand Performance - The GU brand recorded revenue of Y330.7 billion, up 3.6%, but business profit declined 12.6% to Y28.3 billion due to higher costs [3] - Global Brands experienced a 5.3% fall in revenue to Y131.5 billion, but business profit improved significantly from Y0.1 billion to Y2.6 billion [4] Future Plans - The company plans to pay an annual dividend of Y520 per share and aims to expand its global store network to 3,594 locations by the end of August 2026 [5] - New flagship outlets are planned in North America, Europe, and Greater China [5]