Fast Retail-DRS (06288) announced that for the nine months ended May 31, 2024, the Group recorded revenues of JPY2,366.501 billion, up 10.4% YoY; operating profit of JPY401.803 billion, up 21.5% YoY; profit attributable to shareholders of JPY312.838 billion, up 31.2% YoY; and earnings per share of JPY1020.02 yen.
Uniqlo Holdings Co., Ltd. recorded consolidated revenues of JPY2,366.5 billion (up 10.4% YoY) and consolidated operating profit of JPY401.8 billion (up 21.5% YoY) for the nine months ended May 31, 2024 (the nine months ended May 31, 2023). Both consolidated revenues and consolidated operating profit grew significantly. The business of the Uniqlo (UNIQLO) brand continued to perform strongly in North America, Europe and Southeast Asia, with significant growth in revenues and operating profit. In addition, the Uniqlo business in Japan also recorded significant growth in revenues and operating profit in the third quarter. These factors contributed to the Group's consolidated performance, which set a new record. In addition, the net increase in financing income and cost items was JPY75.9 billion, mainly due to interest net income of JPY40.4 billion and the foreign exchange gain of JPY35.5 billion from the revaluation of financial assets denominated in foreign currencies. Therefore, the Group's pre-tax profit for the nine months ended May 31, 2024 was JPY477.7 billion (up 33.0% YoY), and the profit attributable to shareholders was JPY312.8 billion (up 31.2% YoY).
The Fast Retail Group aims to become a "Global No.1 Brand" that is highly trusted by global customers and indispensable to people's daily lives. To this end, the Group will strive to further upgrade the level of its digital consumer retail enterprises; diversify its global revenue pillars; pursue business models that contribute to sustainable development in terms of performance; expand the GU (GREAT) business segment and the global brand business segment, including Theory; and strengthen its human capital. In particular, the overseas Uniqlo (UNIQLO) business segment, which has become a growth pillar of the Group's performance, will strive to strengthen product development and brand building and accelerate the pace of new store openings. In addition, the "LifeWear for a Better Life" concept proposed by the Group, which aims to create a sustainable society, will continue to play an important role in the clothing production process. The Group will strive to provide high-quality and durable clothing, clothing produced in a labor environment that reduces the burden on the earth and is healthy and safe, and clothing that can be recycled after sales.
The Company will apply to the Stock Exchange of Hong Kong to resume trading of its Hong Kong depositary receipts from 9:00 a.m. on Friday, July 12, 2024.