Uniqlo International drives Fast Retailing's 16.6 percent revenue growth in FY2026

Japanese retail giant Fast Retailing Co., Ltd. (Fast Retailing) has announced financial results for the 2026 fiscal year ending August 31, 2026, marking its fifth consecutive year of record performance. Group revenue rose 16.6 ercent year-over-year to 3.96 trillion yen (25.03 billion dollars), driven by strong international expansion and steady momentum at Uniqlo. Operating profit for the full year climbed 31.7 percent to 743.1 billion yen, while profit attributable to owners of the parent company increased 25.3 percent to 542.5 billion yen.

Performance across operations

Uniqlo International remained the primary engine of operational growth, generating 2.41 trillion yen in revenue, an increase of 26.2 percent year-over-year. Operating profit for the international division expanded 44.9 percent to 448.1 billion yen. North America, Europe, South Korea, Southeast Asia, India, and Australia all delivered double-digit revenue and profit gains. Operating results in Greater China expanded in local currency terms, supported by continuous flagship store expansion and steady demand for core year-round offerings.

Uniqlo Japan delivered stable performance in line with management targets. Annual revenue rose 5.7 percent year-over-year to 1.08 trillion yen, while operating profit gained 6.6 percent to reach 196.6 billion yen.

GU reported a 1.8 percent increase in revenue to 336.7 billion yen and a 7.8 percent gain in operating profit to 32.8 billion yen. Performance fell short of initial internal targets, impacted by product balance issues during the transition into autumn/winter ranges and higher operating expenses related to warehouse capacity expansion and marketing investments.

Global Brands revenue contracted 2.3 percent year-over-year to 128.5 billion yen, though the division returned to profitability with an operating profit of 4.4 billion yen. Theory continued structural reforms, while PLST posted revenue and profit growth behind strength in its core knitwear offerings.

Outlook for fiscal year 2027

For the 2027 fiscal year ending August 31, 2027, Fast Retailing forecasts continued expansion, projecting consolidated revenue to increase 12.3 percent to 4.45 trillion yen. Business profit is estimated to grow 15.5 percent to 830 billion yen, with profit attributable to owners of the parent expected to rise 3.2 percent to 560 billion yen.

Following the strong results, the company revised its full-year dividend for fiscal year 2026 to 850 yen per share, up from its previous projection of 640 yen. For fiscal year 2027, Fast Retailing plans an annual dividend of 900 yen per share as part of its strategy to increase the dividend payout ratio toward 50 percent.