During this period, Fast Retailing reported consolidated revenue of JPY 1.79 trillion ($12.28 billion), with an operating profit of JPY 304.22 billion. This marks a record high for the parent company of Uniqlo, fueled by strong performances across multiple regions.
The success of Uniqlo’s operations in Japan, Southeast Asia, India, Australia, North America, and Europe was a significant factor in this revenue and profit growth. The group’s consolidated gross profit margin improved to 53.3% in the first half of FY25, while selling, general, and administrative expenses were favorably reduced to 36.5%.
Pre-tax profit surged to JPY 363.72 billion, and net profit attributable to the parent company’s owners increased by 19.2% year-on-year, reaching JPY 233.57 billion. The diluted earnings per share for the period rose to JPY 760.21, up from JPY 637.68 in the same period last year.
Uniqlo’s Operational Performance in Japan and Internationally
In Japan, Uniqlo experienced significant growth, with revenue and profit reaching JPY 541.5 billion and JPY 97.6 billion, respectively, reflecting increases of 11.6% and 26.4% from the previous year.
On the international front, Uniqlo also saw notable expansion, achieving over JPY 1 trillion in revenue and an operating profit of JPY 168.5 billion. This segment benefited from strong sales in Southeast Asia, India, Australia, North America, and Europe, supported by global demand for Uniqlo’s core products. Overall, this period exemplified Fast Retailing revenue growth across all markets.
Mixed Results for GU and Global Brands
GU’s financial results were varied, achieving an increase in revenue to JPY 165.8 billion but experiencing a 9.3% decline in operating profit. Conversely, Global Brands faced a 2.3% drop in revenue but turned its previous year’s operating loss into a profit of JPY 0.9 billion.
Despite underwhelming sales for the Theory brand, all Global Brands operations reported improvements in gross profit margins and reductions in selling, general, and administrative expenses.
