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CEO Message

Last Updated: 2024.02.29
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Take Action for the Future

Tadashi Yanai, Chairman, President and CEO

Almost by definition, a business must be sustainable. Since founding Fast Retailing, I have believed that managing with a global perspective and good common sense is vital to ensuring the company's sustainable future.

Our LifeWear is infused with a Japanese commitment to excellent manufacturing. We attend to the smallest details, get directly involved in the production process for every garment, and make clothes with long-term and deeply trusted partner factories. We use the very latest technologies to innovate, evolve, and constantly improve our clothes. We have built a solid global brand position by directly informing customers about the value of our clothes and enhancing our "new clothing from Japan" branding.

Starting with a single store on a shopping street in a coal-mining community, we now boast nearly ¥3 trillion in annual sales. We maintain a consistent, earnest approach to providing truly good products to our customers. Thanks to that commitment, we achieved considerable increases in revenue and profit in fiscal 2023 (September 1, 2022 to August 31, 2023), with revenue rising to ¥2.7665 trillion (+20.2% year on year) and operating profit expanding to ¥381.0 billion (+28.2%). UNIQLO International surpassed 50% of our consolidated sales for the first time on significant growth in all markets. I am confident that, if we offer constantly evolving LifeWear to customers worldwide, we will become the leading global brand. Regarding our management framework, we appointed UNIQLO Global CEO Daisuke Tsukagoshi as President and COO of UNIQLO Co., Ltd. He will strengthen our next-generation team management structure and further promote global business. Group companies will work with him to realize unified ZEN-IN KEIEI management, in which all employees adopt a managerial mindset, and to improve management more generally.

I believe we can contribute to resolving global challenges by leveraging our unique and carefully cultivated corporate culture. By collaborating with other ambitious individuals and companies, I believe a path toward a peaceful and stable world will open. We will tackle the challenges of the future, driven by our mission: Changing clothes. Changing conventional wisdom. Change the world.

January, 2024
Tadashi Yanai
Chairman, President and CEO

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