FAST RE-DRS-NEW(06288) - 2019 Q2 - 季度财报

Financial Performance - Total revenue for the first three quarters of the fiscal year 2019 reached ¥1,822.877 billion, a 7.0% increase compared to the same period last year[7] - Operating profit for the same period was ¥247.688 billion, reflecting a 3.7% year-on-year growth[7] - Profit before tax recorded ¥247.211 billion, up 4.1% from the previous year[7] - Net profit attributable to the parent company was ¥158.668 billion, marking a 7.0% increase year-on-year[7] - Basic earnings per share for the nine-month period were ¥1,554.94, compared to ¥1,454.29 in the previous year[7] - The company reported a gross profit of ¥892,677 million for the nine months ended May 31, 2019, compared to ¥850,393 million for the same period in 2018, indicating a growth of approximately 5%[39] - The company reported a net income of ¥158,668 million for the nine months ended May 31, 2019, compared to ¥148,335 million for the same period in 2018, representing a growth of 6.5%[48] - For the three months ended May 31, 2019, the profit was ¥49,062 million, an increase of 3.1% compared to ¥47,608 million for the same period in 2018[44] Revenue Breakdown - UNIQLO Japan's revenue for the first three quarters was 701 billion JPY, a slight decrease of 0.5% year-on-year, with operating profit at 96.7 billion JPY, down 19.5%[12] - UNIQLO Overseas reported revenue of 820.5 billion JPY for the first three quarters, an increase of 14.6%, with operating profit at 124.8 billion JPY, up 11.1%[13] - GU's revenue for the first three quarters was 185.3 billion JPY, an increase of 11.2%, with operating profit at 26.3 billion JPY, up 74.5%[14] - The Greater China region generated ¥402,594 million in revenue, accounting for 22.1% of total revenue[78] Assets and Liabilities - The total assets increased to ¥1,974.493 billion from ¥1,648.823 billion year-on-year[7] - Total liabilities were 964.3 billion JPY, a decrease of 86.3 billion JPY, with net assets totaling 1,010.1 billion JPY, an increase of 107.4 billion JPY[17] - Cash and cash equivalents at the end of the period were ¥1,105.085 billion, an increase from ¥858.359 billion at the end of the previous fiscal year[7] - Total assets as of May 31, 2019, amounted to ¥1,974,493 million, a slight increase from ¥1,953,466 million as of August 31, 2018[37] - Total liabilities decreased to ¥964,303 million as of May 31, 2019, from ¥1,050,688 million as of August 31, 2018[37] Cash Flow - Operating cash flow for the nine months ended May 31, 2019, was ¥286.2 billion, an increase of ¥28 billion or 10.9% year-over-year[19] - Investment cash flow for the same period was a net outflow of ¥73.5 billion, up ¥37.6 billion or 105.0% year-over-year[20] - Financing cash flow for the nine months ended May 31, 2019, was a net outflow of ¥94.7 billion, an increase of ¥51.6 billion or 119.7% year-over-year[21] - The net cash generated from operating activities was ¥286,216 million, compared to ¥258,122 million for the previous year, indicating an 11% growth[50] Strategic Initiatives - The company aims to expand its overseas UNIQLO and GU brands, focusing on the Greater China region and Southeast Asia for growth[11] - The company plans to open flagship and large stores in major cities worldwide to enhance UNIQLO's brand position[11] - The company continues to focus on becoming the world's leading apparel retail manufacturer as part of its mid-term vision[11] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[78] Dividends and Shareholder Returns - The company paid cash dividends totaling ¥48.9 billion, an increase of ¥10.7 billion year-over-year[21] - Total dividends paid for the nine-month period ending May 31, 2019, amounted to ¥24,492 million, with a dividend per share of ¥240[76] Inventory and Impairment - Inventory decreased by ¥144.6 billion compared to an increase of ¥129.8 billion in the previous year[19] - The company reported a loss from impairment of ¥2,050 million, a significant decrease from ¥10,353 million in the previous year, indicating improved asset management[50] - As of May 31, 2019, inventory write-downs to net realizable value were ¥5,046 million, up from ¥4,082 million as of May 31, 2018[68] Other Financial Metrics - The company experienced a foreign exchange loss of ¥5,755 million for the nine-month period ending May 31, 2019, compared to a loss of ¥4,764 million in the previous year[83] - The company’s total financing costs increased to ¥9,268 million for the nine-month period ending May 31, 2019, from ¥6,836 million in the previous year[83] - The company recognized an impairment loss of ¥10,353 million for the nine months ended May 31, 2018, primarily related to the COMPTOIR DES COTONNIERS business[71]