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Fast Retailing, the company behind Uniqlo, booked record net profit for a sixth consecutive year in the fiscal year ended August, helped by strong domestic and overseas sales. It also forecast further growth in the current fiscal year, underscoring steady demand for affordable basic apparel across multiple markets.
SoftBank Group Corp. reported net profit for fiscal 2025 surged over four-fold to 5,000 billion yen ($31.7 billion), driven by its investment in OpenAI. The record result underscores SoftBank's successful bet on the AI boom.
SoftBank Group reported net profit of 5 trillion yen ($37 billion) for fiscal 2025, more than quadrupling year on year. The record result was driven by a recovery in technology investments, especially AI and cloud computing, and Vision Fund portfolio companies. Analysts see it as a vindication of SoftBank’s long-term strategy.
On May 1, five of Japan's largest trading houses reported fiscal 2026 results, with three logging record net profits thanks to high commodity prices and strategic investments. However, they flagged risks from Middle East tensions and potential U.S. rate impacts, forecasting a 10–15% profit decline in fiscal 2027.
