KK Fast Retailing

Latest Results (17.12.2024):

Revenue Growth

KK Fast Retailing reported a significant increase in revenue for the fiscal year 2024, reaching 3.1038 trillion yen, which marks a 12.2% rise compared to the previous year. This growth was driven by strong performance across various segments, including UNIQLO Japan and UNIQLO International, as well as the successful expansion of the GU brand.

Operating Profit

The company's operating profit for FY2024 surpassed 500 billion yen for the first time, totaling 500.9 billion yen, which represents a 31.4% increase year-on-year. This substantial growth in operating profit was attributed to improved cost management and increased sales across key markets.

UNIQLO Japan Performance

UNIQLO Japan achieved a record high in both revenue and profit for FY2024. Revenue increased by 4.7% to 932.2 billion yen, while operating profit surged by 32.2% to 155.8 billion yen. The growth was supported by a strong second-half performance and increased demand from overseas visitors.

UNIQLO International Success

UNIQLO International reported large increases in both revenue and profit, with revenue reaching 1.7118 trillion yen, up 19.1% year-on-year, and operating profit rising by 24.9% to 283.4 billion yen. The brand saw improved operating profit margins of 15% or higher across all markets, driven by strong sales in North America and Europe.

Dividend Increase

KK Fast Retailing announced a planned year-end dividend of 225 yen per share for FY2024. Combined with the interim dividend of 175 yen, this results in a total annual dividend of 400 yen per share, marking an increase of 110 yen compared to the previous year, reflecting the company's strong financial performance.