Luxury fashion brand Burberry Group Plc has amended its Japanese apparel licence in a move that will lift near-term profits by setting higher performance levels.

The licence with Sanyo Shokai Ltd and Mitsui & Co Ltd has also been shortened so that it will now expire in June 2015 rather than 2020 as previously agreed.

In the year to 31 March 2010, Burberry says it will receive higher royalty payments than planned, which will add around GBP4m to operating profit.

It has also raised performance criteria from 1 January 2011 until the end of the licence agreement, which will be based on higher levels of production.

"Japan is a strategically important market for Burberry, where we continue to review all opportunities available to us," said CEO Angela Ahrendts.

"The amendment also better positions Burberry in the next few years to optimise its presence in Japan and the high growth Asian region."