Fast Retailing’s consolidated revenue for the six months to February 2026 reached ¥2.06tn ($13bn), up 14.8% year-on-year, while business profit increased by 28.3% to ¥386.9bn.
Profit attributable to owners of the parent company during the period expanded to ¥279.2bn, a gain of 19.6% from the prior year period.
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Uniqlo brand sees growth in all global markets
Uniqlo operations contributed to the results with growth across all regions. In Japan, the brand posted a 7.4% year-on-year revenue rise to ¥581.7bn, with business profit increasing by 13.4% to ¥110.7bn.
Same-store sales increased by 6.5% compared to the previous year, driven by a wider range of year-round items and higher winter sales, but the gross profit margin narrowed by 0.2 percentage points due to higher procurement costs linked to weaker yen exchange rates.
Uniqlo International saw revenue grow by 22.4% to ¥1.24trn and business profit advance by 37.4% to ¥233.0bn.
Performance of GU and Global Brands in H1
GU, another Fast Retailing brand, showed a 1.6% increase in revenue to ¥168.4bn, driven by soft sheer crew neck T-shirts and gathered ballet sneakers.
The brand’s business profit rose by 20.1% ¥15.7bn, and business profit margin improved due to operational changes such as narrowing product offerings and more precise volume planning.
Meanwhile, Global Brands posted a first-half revenue decline of 7.5% to ¥62.7bn and reported a business loss of ¥0.7bn, mainly attributed to weak sales in the Theory brand.
Updated guidance for FY26 performance
Based on the first half results, Fast Retailing raised its full-year consolidated forecasts for fiscal 2026.
The company now anticipates consolidated revenue of ¥3.9trn, up 14.7%, and business profit of ¥690.0bn.
Operating profit is expected to grow by 24.1% to ¥700.0bn, and profit attributable to owners of the parent is projected to reach ¥480.0bn.
This revision, compared to January 2026 projections, accounts for the stronger-than-expected first-half performance, an improved sales environment outlook for the second half, and changes in exchange rate assumptions linked to recent yen depreciation.
Fast Retailing also increased its annual dividend forecast by ¥100 to ¥640 per share, split between interim and year-end dividends of ¥320 each. This would result in a ¥140 per share increase compared to the previous year.
As for segment forecasts, Fast Retailing expects Uniqlo International to maintain double-digit revenue and profit growth in the second half and over the full year, particularly in the Greater China region, as well as in South Korea, Southeast Asia, India, Australia, North America, and Europe.
Revenue for Uniqlo Japan is anticipated to increase in the second half, with profit projected to remain at last year’s level.
