FAST RE-DRS-NEW(06288) - 2022 Q1 - 季度财报

Financial Performance - Total revenue for the first half of the fiscal year 2022 reached ¥1,218,977 million, representing a 1.3% increase year-on-year[2] - Operating profit for the same period was ¥189,278 million, showing a significant growth of 12.7% compared to the previous year[2] - Profit attributable to owners of the parent company increased by 38.7% to ¥146,844 million[2] - Gross profit margin improved by 1.7 percentage points to 51.6%[6] - The company recorded a pre-tax profit of ¥212,566 million, reflecting a 24.0% increase year-on-year[6] - Basic earnings per share for the period were ¥1,437.41, up from ¥1,036.76 in the previous year[2] - Total revenue for the six months ended February 28, 2022, was ¥1,202,864 million, a decrease of 1.0% from ¥1,218,977 million for the same period in 2021[32] - Operating profit for the six months ended February 28, 2022, was ¥167,982 million, down 11.2% from ¥189,278 million in the previous year[32] - Net profit attributable to the parent company for the six months ended February 28, 2022, was ¥105,868 million, a decrease of 28.0% compared to ¥146,844 million for the same period in 2021[32] - Basic earnings per share for the six months ended February 28, 2022, was ¥1,036.76, down from ¥1,437.41 in the previous year[31] Revenue Breakdown - Japan UNIQLO's total revenue for the first half of the fiscal year was 442.5 billion JPY, a decrease of 10.2% year-on-year, with operating profit at 80.9 billion JPY, down 17.3%[8] - Same-store sales in Japan decreased by 9.0%, attributed to high comparison benchmarks from the previous year and inventory shortages of winter clothing[8] - Overseas UNIQLO's total revenue for the first half was 593.2 billion JPY, an increase of 13.7% year-on-year, with operating profit at 100.3 billion JPY, up 49.7%[9] - North America and Europe accounted for approximately 20% of overseas UNIQLO's operating profit, following Greater China at about 55%[9] - The Southeast Asia, South Asia, and Oceania regions saw significant revenue and profit growth, particularly in Malaysia and Indonesia due to relaxed travel restrictions[10] - GU's total revenue for the first half was 122.8 billion JPY, a decrease of 7.4%, with operating profit at 9.3 billion JPY, down 40.9%[12] - Global Brands segment revenue was 58.9 billion JPY, an increase of 8.1%, with operating profit turning positive at 1 billion JPY from a loss of 8.1 billion JPY in the previous year[13] Cash Flow and Assets - The net cash generated from operating activities was ¥264,654 million, a decrease from the previous year[2] - Total assets amounted to ¥2,641,596 million as of February 28, 2022[2] - Cash and cash equivalents increased by ¥1,197 billion to ¥12,974 billion as of February 28, 2022[16] - Operating cash flow for the six months ended February 28, 2022, was ¥2,646 billion, down from ¥3,521 billion for the same period in 2021[17] - Investment cash flow for the six months ended February 28, 2022, was a net outflow of ¥742 billion, compared to a net outflow of ¥410 billion for the same period in 2021[17] - Financing cash flow for the six months ended February 28, 2022, was a net outflow of ¥1,080 billion, down from ¥2,013 billion for the same period in 2021[17] Shareholder Information - The total number of issued shares as of February 28, 2022, was 106,073,656 shares[21] - The company holds 3,899,600 treasury shares, representing 3.68% of the total issued shares[27] - Major shareholders include The Master Trust Bank of Japan, Ltd. with 22,962 thousand shares (22.47%) and Yanai Tadashi with 22,037 thousand shares (21.57%)[24] - Nomura Asset Management Co., Ltd. holds 11,319 thousand shares, accounting for 10.67% of the total issued shares[25] Sustainability and Social Responsibility - The company is committed to sustainability, focusing on six key areas, including respecting human rights in the supply chain and environmental protection[14] - The company donated 10 million USD (approximately 1.15 billion JPY) to support humanitarian efforts in Ukraine and provided 100,000 items of clothing to refugees[14] Future Plans and Strategy - The company aims to expand its global e-commerce and overseas UNIQLO and GU businesses while integrating online and offline services[7] - The company plans to open flagship stores in major cities worldwide to promote its "LifeWear" concept[7] - The company plans to open new stores in key metropolitan areas, including flagship stores in Paris and Beijing[11] - The company expects continued recovery in performance as pandemic impacts lessen, with a focus on enhancing store profitability and expanding market presence[51] Financial Reporting and Audit - The interim consolidated financial statements have been prepared in accordance with International Accounting Standard 34[29] - Deloitte Touche Tohmatsu LLC has reviewed the quarterly and interim consolidated financial statements for the three and six-month periods ending February 28, 2022[30] - The review did not identify any matters that would lead to a belief that the interim consolidated financial statements were not fairly presented in all material respects[76] - Management is responsible for the preparation and fair presentation of the interim consolidated financial statements, ensuring no material misstatements due to fraud or error[77] - The auditor's responsibility includes evaluating the overall presentation, structure, and content of the interim consolidated financial statements[79]