Japan’s Fast Retailing lifted by strong sales in US, Europe
The parent company of Uniqlo logged a record full-year net profit of US$3.43 billion, a 25% rise year-on-year.
Japanese retail behemoth Fast Retailing announced a record-breaking fiscal year in 2026, with a net profit soaring by 25% to ¥543 billion (US$3.43 billion), marking a significant milestone for the company. The success can be attributed to the stellar performance of Uniqlo's international segment, which reported record-high revenues and profits in the same period.
For the first time in history, the combined sales revenue from North America and Europe surpassed that of the Greater China region, a testament to the growing strength of these markets. This shift signifies that North America and Europe have firmly established themselves as crucial drivers of Fast Retailing's growth.
Looking ahead to the fiscal year ending in August 2027, Fast Retailing anticipates maintaining a robust net profit of ¥560 billion. The company's financial statement underscores the pivotal role of Uniqlo's international section, which propelled the group's overall performance to unprecedented heights in 2026.
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- Japan’s Fast Retailing lifted by strong sales in US, Europe freemalaysiatoday.com
