FAST RE-DRS-NEW(06288) - 2023 - 年度财报

Financial Performance - Operating profit for the fiscal year 2022/23 reached ¥2,766,557 million, an increase from ¥2,301,122 million in the previous year, representing a growth of 20.2%[4] - Profit attributable to owners of the parent company was ¥296,229 million, up from ¥273,335 million, reflecting an increase of 8.5%[4] - 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[189] - The consolidated operating profit reached ¥381.0 billion, an increase of 28.2% compared to the previous year, with overseas UNIQLO business contributing significantly to this growth[78] - Net income for the fiscal year was ¥209,145 million, down from ¥258,203 million, indicating a decrease of 19%[5] - The company reported a significant decrease in foreign exchange gains from overseas operations, down to ¥47,587 million from ¥98,118 million[190] - The company reported a net profit margin of 12%, which is an improvement from 10% in the previous year[165] Assets and Liabilities - Total assets increased to ¥3,303,694 million from ¥3,183,762 million, marking a growth of 3.8%[4] - The equity attributable to owners of the parent company increased to ¥1,821,405 million from ¥1,561,652 million, a growth of 16.6%[4] - Total liabilities decreased from ¥2,615,102 million to ¥2,431,333 million, a reduction of approximately 7.0%[188] - The company’s total liabilities and equity increased from ¥3,183,762 million to ¥3,303,694 million, indicating a growth of approximately 3.75%[188] Cash Flow - The net cash generated from operating activities was ¥463,216 million, compared to ¥430,817 million in the previous year, indicating a rise of 7.5%[4] - Cash and cash equivalents decreased significantly from ¥1,358,292 million to ¥903,280 million, a drop of approximately 33.4%[192] - Cash used in investing activities increased from ¥(212,226) million to ¥(574,402) million, indicating higher investment outflows[192] - Cash used in financing activities decreased from ¥(213,050) million to ¥(364,562) million, reflecting a change in financing strategy[192] Employee and Workforce - The number of employees increased to 59,871, compared to 57,576 in the previous year, showing a growth of 4.0%[4] - The total number of employees across all divisions reached 59,871, an increase from 54,349 in the previous year[17] - The average salary for employees at the company was ¥11,476 thousand, including bonuses and other non-standard payments[18] - The employment rate of persons with disabilities in Japan for the group was 4.89% in 2023, exceeding the legal requirement of 2.3%[55] Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new product development to drive future growth[4] - 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[23] - The company plans to open 80 new stores annually in the Greater China region and approximately 60 stores in Southeast Asia, India, and Australia, while opening about 30 stores in North America and Europe[26] - UNIQLO opened its first store in Luxembourg in October 2023[9] Sustainability and Corporate Responsibility - The company is committed to achieving net-zero greenhouse gas emissions by 2050 and aims to reduce emissions by 90% in stores and major offices by 2030 compared to 2019 levels[30] - The company is focusing on creating a circular business model through repair, reuse, and recycling to extend the lifespan of clothing[30] - The company aims to reduce greenhouse gas emissions in its supply chain by 20% by 2030, with a current reduction of 6.2% as of August 2022[39] - Approximately 20% of the proceeds from the "PEACE FOR ALL" charity T-shirt project are donated to international organizations providing humanitarian aid[37] Governance and Compliance - The board of directors is composed of more than half external directors to enhance independence and oversight functions[37] - The company has established a compliance framework to ensure all employees adhere to management principles and internal regulations[158] - The company has a risk management committee to oversee and manage potential risks, including natural disasters and customer information leaks[72] - The governance structure includes various committees such as the Risk Management Committee and the Business Ethics Committee, ensuring comprehensive oversight[154] Shareholder Information - The company declared dividends amounting to ¥73.074 billion during the year ended August 31, 2023[191] - The total dividend for the fiscal year is 290 JPY, which includes an interim dividend of 125 JPY and a final dividend of 165 JPY, representing an increase of 83.3 JPY compared to the previous year after accounting for the stock split[141] - The company has raised ¥500.0 billion through corporate bond financing to diversify funding sources and enhance capital efficiency[101] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming fiscal year[190] - Future guidance indicates a continued emphasis on cost management and operational efficiency to sustain profit margins[190] - The company aims to maintain a stable financial condition while maximizing free cash flow generated from business activities, ensuring necessary growth investment and liquidity[99]