Japan's Fast Retailing raises profit forecast after China growth

Japan's Fast Retailing raises profit forecast after China growth

by AFP Staff Writers
Tokyo (AFP) Jan 8, 2026

Japanese retail giant Fast Retailing lifted its 2025-26 annual net profit forecast on Thursday, buoyed by a strong performance in mainland China.

The parent company of Uniqlo "reported significant increases in both revenue and profit in the first quarter" of its fiscal year which runs from September, according to its financial statement.

In particular, Uniqlo International saw "a rise in revenue and double-digit year-on-year profit growth" in mainland China due in part to cold October weather.

As a result, Fast Retailing now expects a full-year net profit of 450 billion yen ($2.9 billion) for the fiscal year ending in August, compared with the previous estimate of 435 billion yen.

Related Links
Global Trade News

Subscribe Free To Our Daily Newsletters

RELATED CONTENT

The following news reports may link to other Space Media Network websites.

Hong Kong reclaims top global IPO spot in 2025, PwC says
Hong Kong (AFP) Jan 5, 2026
Hong Kong reclaimed its position as the world's top spot for initial public offerings in 2025 after it raised more than HK$285 billion (US$36.6 billion), a 225 percent increase on-year, accounting giant PwC said Monday. The Chinese finance hub saw 119 new listings last year, with big-ticket sales including Chinese battery giant CATL and miner Zijin Gold putting it ahead of the New York Stock Exchange, Nasdaq and the National Stock Exchange of India. "Despite uncertainties in the global geopoliti ... read more

German climate goals at risk as emissions cuts slow: study

France updates net-zero plan, with fossil fuel phaseout; Fight over fossil fuels nixes key text of UN environment report

EU agrees to weaken and delay green business rules

Policies to expand US grid weigh cost reliability and emissions

Lithium ion battery study on Tiangong space station explores microgravity effects on performance

Solar co-electrolysis process converts biomass sugars to low cost green hydrogen

China ramps up CHSN01 fusion magnet jacket for cryogenic reactors

EAST experiments point to density free regime for fusion plasmas

Trump gets wrong country, wrong bird in windmill rant

S.Africa seeks to save birds from wind turbine risks

Vertical wind turbines may soon power UK railways using tunnel airflow

3D mapping shows how passivation boosts perovskite solar cells

3D printed solar cells bring color tuned power to windows and curved surfaces

Osmium dye boosts long wavelength solar hydrogen output

German renewable energy shift slowed in 2025

Crown ether resins modeled for precise gadolinium isotope separation

Japan nuclear official loses phone with confidential data in China

Microbes join forces to quickly clean up uranium pollution

Project Pele microreactor reaches key milestone with first TRISO fuel delivery

Beer yeast waste could provide scaffold for cultivated meat production

Garden and farm waste targeted as feedstock for new bioplastics

Carbon monoxide enables rapid atomic scale control for fuel cell catalysts

Singapore sets course for 'green' methanol ship fuel supplies

Polymer nanoparticles drive platinum free solar hydrogen

Delta and beach bar sand bodies offer new framework for buried shoreline reservoirs

Orbital cycles control Jurassic shale oil sweet spots in Sichuan Basin

Brazil oil drilling near Amazon halted over 'fluid leak'

How Climate Policies that Incentivize and Penalize Can Drive the Clean Energy Transition

Regional temperature records broken across the world in 2025

Iraqis cover soil with clay to curb sandstorms

Turkmenistan's battle against desert sand

Subscribe Free To Our Daily Newsletters

The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.