Fast Retailing Co., Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Year Ended August 31, 2021
October 14, 2021 at 06:19 am EDT
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Fast Retailing Co., Ltd. announced consolidated and non-consolidated earnings results for the year ended August 31, 2021. For the year on consolidated basis, the company reported revenue of JPY 2,132,992 million compared to JPY 2,008,846 million a year ago. Operating profit was JPY 249,011 million compared to JPY 149,347 million a year ago. Profit for the year was JPY 175,684 million compared to JPY 90,398 million a year ago. Basic earnings per share was JPY 1,663.12 compared to JPY 885.15 a year ago. Diluted earnings per share was JPY 1,660.44 compared to JPY 883.62 a year ago.
For the year on non-consolidated basis, the company reported net sales of JPY 278,605 million compared to JPY 156,356 million a year ago. Operating profit was JPY 191,442 million compared to JPY 75,316 million a year ago. Profit was JPY 175,286 million compared to JPY 62,422 million a year ago. Net income per share was JPY 1,716.37 compared to JPY 611.50 a year ago. Diluted net per share was JPY 1,713.61 compared to JPY 610.44 a year ago.
Fast Retailing Co., Ltd. specializes in the distribution of clothes for men, women and children.
At the end of August 2023, the marketing of the products is ensured through a network of 3,578 stores broken down by name mainly between Uniqlo (2,434), G.U. (463), Theory (436), Comptoir des Cotonniers (108), Princesse Tam.Tam (85) and PLST (52).
Net sales are distributed geographically as follows: Japan (43.7%), China (18.2%), and other (38.1%).