Fast Retailing Income Statement

Financials in millions JPY. Fiscal year is September - August.

Millions JPY. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Revenue	3,849,013	3,400,539	3,103,836	2,766,557	2,301,122	2,132,992
Revenue Growth	14.76%	9.56%	12.19%	20.23%	7.88%	6.18%
Cost of Revenue	1,745,076	1,571,681	1,430,764	1,330,196	1,094,263	1,059,036
Gross Profit	2,103,937	1,828,858	1,673,072	1,436,361	1,206,859	1,073,956
Selling, General & Admin	1,403,610	1,277,701	1,187,713	1,054,368	900,154	818,427
Other Operating Expenses	-9,975	-7,363	-6,894	-2,304	-9,119	804
Operating Expenses	1,393,635	1,270,338	1,180,819	1,052,064	891,035	819,231
Operating Income	710,302	558,520	492,253	384,297	315,824	254,725
Interest Expense	-13,569	-12,384	-11,078	-9,791	-7,560	-6,990
Interest & Investment Income	64,558	65,312	66,747	41,321	9,469	4,589
Earnings From Equity Investments	541	1,704	1,417	1,139	1,059	561
Currency Exchange Gain (Loss)	28,571	39,816	7,539	25,915	119,051	22,134
Other Non Operating Income (Expenses)	-449	-446	6	-90	27	37
EBT Excluding Unusual Items	789,954	652,522	556,884	442,791	437,870	275,056
Gain (Loss) on Sale of Assets	-1,342	-1,342	-1,397	-917	-1,136	7,723
Asset Writedown	-308	-607	1,713	-3,958	-23,148	-16,902
Other Unusual Items	-	-	-	-	-2	-6
Pretax Income	788,304	650,573	557,200	437,916	413,584	265,871
Income Tax Expense	228,831	191,421	163,596	122,746	128,834	90,188
Earnings From Continuing Operations	559,473	459,152	393,604	315,170	284,750	175,683
Minority Interest in Earnings	-39,486	-26,143	-21,605	-18,941	-11,415	-5,836
Net Income	519,987	433,009	371,999	296,229	273,335	169,847
Net Income to Common	519,987	433,009	371,999	296,229	273,335	169,847
Net Income Growth	30.56%	16.40%	25.58%	8.38%	60.93%	87.97%
Shares Outstanding (Basic)	307	307	307	307	307	306
Shares Outstanding (Diluted)	307	307	307	307	307	307
Shares Change	0.00%	0.01%	0.03%	0.06%	0.03%	0.03%
EPS (Basic)	1694.71	1411.43	1212.88	966.09	891.76	554.37
EPS (Diluted)	1692.37	1409.32	1210.81	964.48	890.43	553.48
EPS Growth	30.56%	16.39%	25.54%	8.32%	60.88%	87.91%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 31, 2026	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Free Cash Flow	719,687	445,083	577,793	401,452	379,546	372,468
Free Cash Flow Per Share	2342.33	1448.61	1880.64	1307.07	1236.43	1213.76
Dividend Per Share	580.000	500.000	400.000	290.000	206.670	160.000
Dividend Growth	24.73%	25.00%	37.93%	40.32%	29.17%	0%
Gross Margin	54.66%	53.78%	53.90%	51.92%	52.45%	50.35%
Operating Margin	18.45%	16.42%	15.86%	13.89%	13.73%	11.94%
Profit Margin	13.51%	12.73%	11.98%	10.71%	11.88%	7.96%
Free Cash Flow Margin	18.70%	13.09%	18.62%	14.51%	16.49%	17.46%
EBITDA	774,857	609,979	539,239	422,817	350,427	284,837
EBITDA Margin	20.13%	17.94%	17.37%	15.28%	15.23%	13.35%
D&A For EBITDA	64,555	51,459	46,986	38,520	34,603	30,112
EBIT	710,302	558,520	492,253	384,297	315,824	254,725
EBIT Margin	18.45%	16.42%	15.86%	13.89%	13.73%	11.94%
Effective Tax Rate	29.03%	29.42%	29.36%	28.03%	31.15%	33.92%
Advertising Expenses	-	108,502	102,126	92,312	79,267	66,576