Fast Retailing sees stronger Q1 FY2026 as overseas business grows

UNIQLO overseas operations drive the majority of quarterly profits.

Fast Retailing Co., the operator of UNIQLO and GU, reported stronger first-quarter results for FY2026, supported by growth in its overseas business activities and tighter inventory management.

The growth was largely driven by UNIQLO’s international operations, where revenue rose about 20% and profit climbed 38%, led by the Greater China markets.

“UNIQLO business in South Korea, Southeast Asia, Australia, India region, Europe, and North America all generated double-digit revenue and profit growth,” Fast Retailing added.

UNIQLO Japan’s revenue increased 12.2%, with same-store sales up 11%, driven by strong demand for Fall and year-round products.

Meanwhile, GU showed modest revenue growth but stronger profit gains, while PLST offset weaker performance from other brands in the Global Brands segment.

Overall, the company saw a 4.8% increase in revenue and a 31% rise in business profit during the period.

Following the quarter, the group updated its full-year forecast, with revenue projected to reach $24.2b (¥3.8t) and profit attributable to owners of $2.9b (¥450b). Dividends are expected to rise to $3.43 (¥540) per share.

¥1 = $0.0064