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FAST RE-DRS-NEW(06288) - 2023 - 年度业绩
06288FAST RETAIL-DRS(06288)2023-11-08 08:59

Financial Performance - Total consolidated revenue for the fiscal year ending August 2023 reached ¥2,766.5 billion, an increase of 20.2% year-over-year[2]. - Consolidated operating profit amounted to ¥381.0 billion, reflecting a year-over-year growth of 28.2%[2]. - Net income before tax was ¥437.9 billion, up 5.9% year-over-year, while net income attributable to shareholders increased by 8.4% to ¥296.2 billion, achieving record performance for three consecutive years[62]. - Operating profit for the same period was ¥381.0 billion, an increase of 28.2% compared to the previous year, marking a record high for both revenue and profit[62]. - The company's total revenue for the fiscal year ending August 31, 2023, was ¥2,766,557 million, an increase of 20.2% from ¥2,301,122 million in the previous year[129]. - Gross profit for the same period rose to ¥1,436,360 million, reflecting a gross margin of approximately 51.9%, compared to ¥1,206,859 million and a margin of 52.4% in the prior year[129]. - The company reported a registered capital of ¥10.27 billion as of August 31, 2023[132]. - The total asset value as of August 31, 2023, was ¥3,303.6 billion, an increase of ¥119.9 billion compared to the end of the previous fiscal year[95]. - The net asset value as of August 31, 2023, was ¥1,873.3 billion, an increase of ¥257.9 billion compared to the end of the previous fiscal year[95]. Strategic Goals - The company aims to exceed ¥5 trillion in sales within a few years, with a long-term target of reaching ¥10 trillion[2]. - The company plans to continue expanding its customer base in Europe, Southeast Asia, and Greater China, with a recovery in performance noted in the latter region starting in the second half of the fiscal year[62]. - The company plans to open 80 new stores annually in Greater China and approximately 60 stores in Southeast Asia, India, and Australia, while opening about 30 stores in North America and Europe[103]. - The company aims to achieve a revenue target of 10 trillion yen within the next 10 years, with an intermediate goal of 5 trillion yen in a few years[100]. - The company is focused on expanding its market presence and enhancing its product offerings through innovation and strategic initiatives[92]. Sustainability and Social Responsibility - The company emphasizes the importance of sustainable business practices and aims to contribute to solving global issues through its operations[2]. - The company has a strong commitment to ESG (Environmental, Social, and Governance) initiatives, which are expected to contribute to its overall strategy[17]. - The company aims to achieve a 90% reduction in greenhouse gas emissions from stores and major offices by 2030 compared to 2019 levels, and a 20% reduction in supply chain emissions[78]. - The company aims to replace approximately 50% of the raw materials used in its products with lower greenhouse gas emitting recycled materials by 2030, achieving about 6% in the 2023 spring/summer product line[78]. - The company received an "A-list" rating from the international non-profit organization CDP for its advanced initiatives and transparency in climate change and water security[77]. - The company has initiated the "JOIN: THE POWER OF CLOTHING" project to help reduce ocean waste, which has been launched in 23 countries since July 2022[80]. - The company is committed to ensuring compliance with labor standards, particularly for vulnerable foreign workers, and has taken a strict stance against unfair treatment[84]. Governance and Management - The board of directors has a 100% attendance rate for the current meeting, with 13 out of 13 meetings attended[11]. - The board includes external directors with extensive experience in investment banking and corporate strategy, enhancing the group's market value[13]. - The company emphasizes the importance of disciplined corporate governance in light of global business risks and aims to enhance diversity within the organization[58]. - The company has established limited liability contracts with non-executive directors to ensure they fulfill their responsibilities adequately[50]. - The board of directors has more than half of its members as external directors to enhance independence and oversight functions[89]. - The company has adopted the SLCP evaluation framework for monitoring labor conditions since September 2020, with results expected to be disclosed based on this new method[86]. Market Expansion and Operations - The company is accelerating the opening of UNIQLO and GU stores globally, leveraging the candidate's extensive experience in business operations[22]. - The GU segment achieved significant revenue and profit growth by enhancing its development of trendy products[62]. - UNIQLO plans to open 60 to 70 new stores annually, focusing on roadside locations to enhance brand presence and customer convenience[70]. - The company is expanding its GU brand by enhancing product development and accelerating store openings both domestically and internationally[109]. - The company is committed to investing in new technologies and product development to enhance customer experience and operational efficiency[111]. Employee Engagement and Talent Management - The company emphasizes the importance of talent management and employee engagement in driving business success[92]. - The company is committed to providing growth opportunities for employees and fostering an environment that allows talent to thrive[110]. - The company has established a presence in production offices in Shanghai, Ho Chi Minh City, Dhaka, Jakarta, and Bangalore to monitor labor conditions and compliance[84]. Financial Management and Shareholder Value - The company is focused on improving shareholder value through objective assessments of its market position[14]. - The total dividend per share for the fiscal year was not specified, but the company maintains a strong dividend policy[97]. - The company aims to improve performance and distribute profits to shareholders based on financial health and future business expansion needs[127]. - The total remuneration for directors is capped at ¥2 billion annually, with external directors capped at ¥200 million[116].