UNIQLO Interim Financial Results Decrease in sales and profits for the first time in nine years April 9 20:02
Fast Retailing, which operates UNIQLO, etc. In the interim financial results up to February, sales and profits declined for the first time in nine years since 2011 as sales in China dropped sharply due to the spread of the new coronavirus infection have become.
Fast Retailing announced on September 9 last year, and from February to February, the half-year financial results showed that sales decreased 4.7% from the same period of the previous year to 1,208.5 billion yen and the final profit was 11.9%. Sales decreased 10% to ¥ 100.4 billion, the first decrease in nine years since the interim settlement in February 2011.
This was due to the fact that UNIQLO sales in Japan struggled to sell winter items due to the warm winter, and overseas business sales also declined due to the expansion of temporary closures in China, where infection with the new coronavirus was expanding.
In addition, the outlook for the one-year period until August is affected by the spread of infection worldwide, with approximately 200 stores in Japan and about 400 stores overseas temporarily closed by 9th. Forecasts that sales will be longer, with 8.8% in sales and 38.5% in net profit, down from the previous year.
At a news conference, Fast Retailing Chairman Tadashi Yanai stated, "I think the spread of the new coronavirus is the greatest human crisis after the war. I want to overcome this ordeal with the determination to reshape the entire company." Was.