Last Updated: 2026.03.09
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The Dawn of a New Clothing Era
Global clothing standards are changing dramatically. Gone are the days when shoppers sought instant glamour and novelty, and overproduction and large-scale disposal were considered normal. Today, people only purchase essential clothes for comfortable everyday life, the clothes they truly need and want. It has become increasingly common for people to wear for years quality clothes that have been procured and produced using effificient, safe, and fair methods, and they expect those clothes to be recycled or reused wherever possible.
We have entered a new clothing era, on a global scale. Fast Retailing is perfectly positioned because we do not make disposable clothing. We carefully make timeless, durable items from quality materials - LifeWear epitomizes this.
Our approach is earning solid, widespread customer support worldwide. In the year ended August 31, 2025, Fast Retailing reported its fourth consecutive year of record growth, with revenue totaling \3.4005 trillion (+9.6% year on year) and business profifit reaching \551.1 billion (+13.6%), thanks to growing global customer support for new global clothing standards set by LifeWear.
The evolution of AI-driven information technology has created a single global market. Management strategies used to focus on individual markets, but now the assumption is that everything is global. We are expected not only to create truly great products, but also to operate as a dependable company that is demonstrably useful to society. We see this as a huge opportunity. Originating in Japan, Fast Retailing has grown into a \3 trillion business, and we are still expanding, with our sights currently on \5 trillion and then \10 trillion in sales. We are committed to overturning conventional wisdom, creating a completely new clothing industry, and making customers' lives more enjoyable, comfortable and convenient. We will continue our quest to become a truly global company that customers everywhere need in their lives.
February 2026
Tadashi Yanai
Chairman, President and CEO