Fast Retail Boosts FY26 Profit Forecast 11% on Strong H1 Results

Fast Retailing Co. (06288.HK) raised its full-year profit forecast by 10.9 percent after reporting a nearly 20 percent jump in first-half net income, driven by strong sales.

The company cited a “stronger-than-anticipated first-half performance and the current sales environment” for the upward revision to its fiscal 2026 outlook, according to a statement filed with the Hong Kong stock exchange.

For the six months ended Feb. 28, profit attributable to owners of the parent rose 19.6 percent year-over-year to JPY 279.2 billion. Consolidated revenue for the period reached JPY 2.0552 trillion, a 14.8 percent increase, while business profit climbed 28.3 percent to JPY 386.9 billion.

The parent company of Uniqlo now projects a record full-year profit of JPY 480 billion on revenue of JPY 3.9 trillion. The company also increased its expected annual dividend per share by JPY 100 to JPY 640, comprising interim and year-end dividends of JPY 320 each. This represents a JPY 140 per share increase in the full-year dividend compared to the previous year.

The updated guidance suggests management expects continued robust consumer demand and effective operational control through the second half of the fiscal year. Investors will watch for the full-year results in October to see if the record-breaking performance is achieved.

This article is for informational purposes only and does not constitute investment advice.