kabutan

FAST RETAILING, Mar-May (3Q) Net Income Decreases by 10%

Thu Jul 10, 2025 3:31 pm JST Earnings

9983 FAST RETAILING CO., LTD. 【IFRS】

Earnings Report

FAST RETAILING CO., LTD. <9983> [TSE Prime] announced its financial results (based on IFRS) after the market closed on July 10th (15:31). The consolidated net income for the cumulative third quarter of the fiscal year ending August 2025 (September 2024 to May 2025) increased 8.4% from the same period last year, reaching 339 billion yen. Progress toward the full-year plan of 410 billion yen was 82.7%, it was below the five-year average of 88.2%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the June to August period (4Q) is expected to grow 19.8% from the same period last year, reaching 70.9 billion yen.

In the most recent three-month period, from March to May (3Q), the consolidated net income decreased to 105 billion yen, a 9.7% decrease compared to the same period last year. The operating profit margin decreased from 18.9% in the same period last year to 17.8%.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Sep - May, 2022 2,143,504 330,574 359,203 238,519 777.9 82.0 Jul 13, 2023 IFRS
Sep - May, 2023 2,366,501 401,803 477,767 312,838 1,020.0 85.7 Jul 11, 2024 IFRS
Sep - May, 2024 2,616,708 450,952 520,506 339,099 1,105.4 82.0 Jul 10, 2025 IFRS
YoY +10.6% +12.2% +8.9% +8.4% +8.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar - Aug, 2024 1,504,837 243,819 257,806 176,087 574.1 225 Oct 10, 2024 IFRS
Mar - Aug, 2025 Guidance 1,609,802 240,783 271,276 176,434 575.1 240 Apr 10, 2025 IFRS
YoY +7.0% -1.2% +5.2% +0.2% +0.2%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Aug, 2023 2,766,557 381,090 437,918 296,229 966.1 290 Oct 12, 2023 IFRS
Aug, 2024 3,103,836 500,904 557,201 371,999 1,212.9 400 Oct 10, 2024 IFRS
Aug, 2025 Guidance 3,400,000 545,000 635,000 410,000 1,336.4 480 Apr 10, 2025 IFRS
YoY +9.5% +8.8% +14.0% +10.2% +10.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Mar - May, 2024 767,502 144,718 178,372 116,926 381.2 18.9 Jul 11, 2024 IFRS
Jun - Aug, 2024 737,335 99,101 79,434 59,161 192.9 13.4 Oct 10, 2024 IFRS
Sep - Nov, 2024 895,192 157,556 196,613 131,963 430.2 17.6 Jan 9, 2025 IFRS
Dec - Feb, 2024 895,006 146,661 167,111 101,603 331.2 16.4 Apr 10, 2025 IFRS
Mar - May, 2025 826,510 146,735 156,782 105,533 344.0 17.8 Jul 10, 2025 IFRS
YoY +7.7% +1.4% -12.1% -9.7% -9.8%

Related Articles