During this period, Fast Retailing’s consolidated revenue reached JPY1.79tn ($12.28bn) and operating profit stood at JPY304.22bn.
This period marked an all-time high for the Uniqlo owner, driven by robust performances across various regions.
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Uniqlo’s operations in Japan, Southeast Asia, India & Australia, North America, and Europe significantly contributed to this surge with substantial growth in revenue and profits.
The group’s consolidated gross profit margin saw an improvement to 53.3% in H1 FY25, while the ratio of selling, general and administrative expenses became more favourable at 36.5%.
The pre-tax profit swelled to JPY363.72bn and the net profit attributable to parent company owners grew by 19.2% year-on-year to Y233.57bn.
The company’s diluted earnings per share for the period was Y760.21, increasing from JPY637.68 in the previous year period.
Uniqlo Japan and International operational performance
Uniqlo Japan experienced a significant uptick in revenue and profit over the first half, with figures reaching JPY541.5bn and JPY97.6bn respectively, marking increases of 11.6% and 26.4% from the prior year period.
Uniqlo International also enjoyed considerable growth with a revenue boost to over a trillion yen and an operating profit of JPY168.5bn.
This segment benefited particularly from robust sales in Southeast Asia, India & Australia, North America, and Europe, driven by global support for Uniqlo’s core products.
Mixed results for GU and Global Brands
GU’s financials were mixed with an increase in revenue to JPY165.8bn yen but a decrease in operating profit by 9.3%.
On the other hand, Global Brands faced a 2.3% dip in revenue but turned around its operating loss from the previous year into a profit of JPY0.9bn.
Despite sluggish sales affecting the Theory brand, all Global Brands operations saw enhancements in gross profit margins and reductions in selling, general, and administrative expenses.
In November last year, Fast Retailing’s CEO Tadashi Yanai, told reporters the company does not source cotton from Xinjiang, raising concerns that Uniqlo could face backlash in China.
