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Uniqlo parent company, Fast Retailing, has achieved “record” performance for the first half of 2026 ending 28 February, as consolidated revenues rose 14.9% year-on-year to 2.0552tn yen (£9.61bn) and business profits jumped 28.3% to 386.9bn yen (£1.81bn).
It comes as the retail group saw a 0.8% improvement in its gross profit margin to 54.1%. Meanwhile, Fast Retailing’s finance income – including interest and foreign exchange gains – contributed 28.1bn yen (£131m) to the result.
As a result, Fast Retailing revealed it is on track to deliver sales growth of 14.7% and operating profit growth of 24.1%, to around 700bn yen (£3.24bn) for FY26.
During the period, Uniqlo Japan has reported a revenues rise of 7.4% to 581.7bn yen (£2.72bn), while business profits rose 13.4% to 110.7bn yen (£518m). Same-store sales increased 6.5% following strong demand for winter and year-round products.
Uniqlo International saw revenues jump 22.4% to 1.2413tn yen (£5.81bn). Business profits in this segment expanded 37.4% to 233.0bn yen (£1.09bn), driven by double-digit growth in North America, Europe, and South Korea.
However, Global Brands revenues fell by 7.5% to 62.7bn yen (£293m), resulting in a loss of 0.7bn yen (£3m). The decline was attributed to sluggish sales at Theory in the USA and a bad debt charge following a customer bankruptcy.
The group met its target to procure 100% of its cotton from sustainable sources by December 2025. It also achieved a 90.3% reduction in greenhouse gas emissions from self-managed facilities compared to 2019 levels.
As of 28 February, total assets were 4.2990tn yen (£20.1bn), an increase of 439.6bn yen (£2.06bn) from the end of the previous fiscal year. Cash and cash equivalents likewise rose to 1.0405tn yen (£4.87bn).
Tadashi Yanai, chief executive of Fast Retailing, said: “Support for the Uniqlo brand is expanding around the globe as a result of our branding strategy, which centers around the opening of flagship stores in key locations.”
