Fast Retailing, the parent company of Uniqlo, closes its fiscal year with a net profit of €3.06 billion, a 25.3% increase. Tadashi Yanai aims to make his group the largest retail chain in the world, ahead of Inditex and H&M.
Fast Retailing, the Japanese parent company of Uniqlo, has closed its fiscal year, which ends in August, with a net profit of 542.516 billion yen, equivalent to €3.06 billion. This figure represents an increase of 25.3% compared to the previous year, according to forbes.es.
The group's sales reached 3.96 trillion yen (€22.33 billion), a 16.6% increase from the previous year. Fast Retailing is listed on the Tokyo Stock Exchange and includes brands such as Theory, Helmut Lang, J Brand, and GU, in addition to Uniqlo.
The company's president, Japanese businessman Tadashi Yanai (1949), maintains the goal of making his group the largest retail chain in the world. To achieve this, it would need to surpass the Swedish H&M and the Spanish Inditex, the current leader in the sector.
For the next fiscal year, which will end in August 2027, the company has set a sales target of 4.45 trillion yen (€24.93 billion), a 12.3% increase, and a net profit of 560 billion yen (€3.158 billion), a 3.2% increase.
The retailer expects its store network to reach 3,545 establishments by the end of August 2027. Of these, 782 will correspond to Uniqlo Japan (including franchises), 1,752 to Uniqlo International, 490 to GU, and 521 to Global Brands.
Tadashi Yanai is the second richest person in Japan, according to the Forbes list of the richest in Japan published in June 2025, when his net worth was $65 billion (around €58 billion). This figure has decreased by 3.46%, to $62.6 billion (just over €55.8 billion) at the time of this report. In the global ranking, he ranks 31 among the largest fortunes.
The company was originally founded by his father, Hitoshi Yanai, in 1949, as a men's clothing company called Ogori Shoji. Yanai joined the family business in 1972 and took over as president and director in 1984. That same year, he opened an independent casual clothing store in Hiroshima under the name Unique Clothing Warehouse, which he later shortened to Uniqlo. In 1991, the company adopted its current name, Fast Retailing.
Between June 2001 and December 2019, Yanai served as an external advisor to SoftBank Corp., now SoftBank Group Corp. In October 2025, he received the Malcolm S. Forbes Lifetime Achievement Award from Forbes USA, after more than 50 years in the textile business.
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