Fast Retailing projects record growth, governance shake-up, and increased director pay

Fast Retailing Co. is set to hold its 2025 General Meeting of Shareholders on November 27, 2025, in Yamaguchi City, Japan. The company projects a fourth consecutive year of record growth, with fiscal year 2025 revenue expected to rise 9.6% year-on-year to JPY3.4005 trillion. Operating profit is forecast to increase 12.6% to JPY564.2 billion. This growth is attributed to strong performances by UNIQLO Japan and UNIQLO International, with revenue reaching JPY1.0260 trillion (+10.1%) and JPY1.9102 trillion (+11.6%) respectively.

Key proposals for the meeting include amending the Articles of Incorporation to increase the number of directors from ten to fifteen, and the election of eleven directors. The company also proposes revising the director remuneration system, raising the upper limit for total annual remuneration to JPY10 billion (including JPY300 million for external directors). This includes introducing stock subscription rights as long-term variable compensation, capped at JPY1 billion annually for targeted compensation and JPY3 billion for special incentive compensation. Remuneration for audit & supervisory board members is proposed to increase to a maximum of JPY300 million per year.

Additionally, Fast Retailing is accelerating its digital transformation, emphasizing sustainability through its LifeWear concept, and aims to transition 50% of materials to recycled or low greenhouse gas-emission alternatives by fiscal 2030. The company’s strategic initiatives include enhancing customer-centric product development, expanding global store networks, and strengthening its supply chain relationships. Fast Retailing paid a year-end dividend of JPY260 per share in fiscal year 2025, totaling JPY500 per share for the year, an increase of JPY100 from fiscal year 2024.