Fast Retailing Records 14.8% Sales Growth in Q1, Totals €5.614 Billion
Uniqlo’s owner sees robust growth with a 33.87% leap in operating profit and double-digit increases in turnover during the initial quarter of the fiscal year.
Fast Retailing, owner of Uniqlo, opens the current fiscal year with sales and profit growing by double digits. Specifically, the company posted sales of 1.03 trillion yen ($6.58 billion) for the first three months of the fiscal year, which began in August and ended in November 2025. This represents a 14.8% increase compared to the same period of the previous fiscal year.
The Japanese giant also saw its operating income grow by 33.87% in the period, to 210,914 million yen ($1.34 billion), as well as its net income, which increased by 12.98% compared to the first quarter of last fiscal year, from 140.300 million yen ($895.8 million) to 158,513 million yen ($1 billion). Fast Retailing’s consolidated gross margin increased 0.7 points to 44.2%.
By geography, Japan once again led sales with a turnover of 299,069 million yen ($1.9 billion), 29.1% of total revenue. China, on the other hand, recorded sales of 191,161 million yen ($1.22 billion), 18.6% of the total.
Fast Retailing increased its operating income by 33.87% to $1.34 billion
South Korea, Southeast Asia, India and Australia totaled sales of 187,051 million yen ($1.19 billion), up 18.2%. North America accounted for 8.6% of sales, up to 88,695 million yen ($556.3 million). Europe accounted for 13.3% of sales, with 136,954 million yen ($874,5 million).
By chain, Uniqlo’s sales in Japan amounted to 299,069 million yen ($1.9 billion) and the chain’s international sales totaled 603,863 million yen ($3.85 billion), 12.18% more than in the same period of 2024.
The GU proposition posted sales of 91,366 million yen ($5.84 billion), up slightly by 0.83%. The Global Brands division posted the worst performance, being the only one to decline. In the first quarter of 2024 it posted sales of 35,794 million yen ($228 million), while in the first quarter of 2025 it posted sales of 33,077 million yen ($211.2 million), down 7.59%.
As for projections, Fast Retailing expects to record a turnover of 3.8 trillion yen ($24.2 million), up 11.7%. Net attributable profit will increase by 3.9% to 450 billion yen ($2.87 billion).