Companies

Uniqlo parent company reports strong nine-month performance

Jul 18, 2025 Japan

The Japan-based fashion retailer Fast Retailing has reported a strong performance over the first nine months of its fiscal year, reiterating its outlook for the full year

In the nine months to the 31^stof August, Fast Retailing recorded a consolidated revenue of 2.62 trillion yen (15.1 billion euros), an increase of 10.6% on a comparable basis to the same period of the last fiscal year. During this period, the company’s operating profit also increased by 12.2% year-on-year to 450.9 billion yen (3.1 billion euros), while profit attributable to owners rose by 8.4% year-on-year to 339.0 billion yen (2.0 billion euros). These results were mainly driven by Uniqlo’s overall performance.

In the first nine months of its fiscal year, the clothing label saw revenue rise by 11.0% to 801.4 billion yen (4.6 billion euros) in its domestic market, Japan, while operating profit increased by 17.8% to 150.6 billion yen (870.1 million euros), as compared to the same period in the previous fiscal year.

Overseas, its revenue for the nine-month period totalled 1.45 trillion yen (8.4 billion euros), reflecting a 12.7% increase, while operating profit totalled 240.6 billion yen (1.39 billion euros), reflecting an 8.4% increase, on a comparable basis to the same period in the previous fiscal year.

Fast Retailing noted that Uniqlo is performing well in most markets, except for Greater China. In the third quarter in particular, the company’s performance in Mainland China was hurt by “a general decline in overall consumer appetite and a dampening in actual demand caused by persistently cool temperatures until early May”.

The GU and the Global Brands segment, however, reported weaker performances. While GU’s nine-month revenue increased by 4.0% year-on-year to 256.2 billion yen (1.5 billion euros), its operating profit decreased by 10.7% to 26.3 billion yen (152.0 billion euros). The Global Brands segment fared worse, as its nine-month revenue declined by 3.1% to 100.5 billion yen (580.7 million euros) and operating profit “moved into the black” to 2.8 billion yen (16.1 million euros).

Full Year Outlook

Fast Retailing still expects to achieve a full year consolidated revenue of 3.40 trillion yen (19.6 billion euros), up by 9.5% year-on-year, a full year operating profit of 545.0 billion yen (3.1 billion euros), up by 8.8% year-on-year, and a full year profit attributable to the owners of 410.0 billion yen (2.4 billion euros), up by 10.2% year-on-year.

“We expect the impact of the reciprocal and additional tariffs announced by the US government on second-half consolidated business profit will be roughly 1%. The impact will be limited in fiscal 2025 because we already have a considerable volume of products in our warehouses in the United States”, said the company in the statement.

1 YEN = 0.0058 EUR

Image Credits: fastretailing.com

Japan Companies Fashion Fast Retailing Quarter Results Results