Fast Retailing, the Uniqlo operator, raised its dividend forecast for the year to August 2026 after its board met on 8 October. The year-end payout is now forecast at ¥530 a share, up from ¥320. The annual total is forecast at ¥850, up from ¥640. Both previous figures dated from the company's 9 July 2026 announcement.
The numbers
The interim dividend was already paid at ¥320 a share, so the whole increase falls on the year-end payment. The prior year's total was ¥500 (¥240 at the interim stage and ¥260 at year-end).
| Measure | Prior forecast | Revised forecast |
|---|---|---|
| Year-end | ¥320 | ¥530 |
| Annual | ¥640 | ¥850 |
Management's reasoning
Fast Retailing says medium- and long-term business growth stays the first priority, with aggressive investment planned. But it says its global growth pillars are now firm, profitability and cash generation have improved greatly, and it expects to keep enough funds even while investing heavily. The company says it will pursue high returns to shareholders alongside high growth.
The results behind it
The year-end results summary released the same day shows revenue of ¥3.96tn for the year to August 2026, up 16.6%, and business profit of ¥718.5bn, up 30.4%. Profit attributable to owners of the parent was ¥542.5bn, up 25.3%. The company describes this as a fifth consecutive year of record results.
The summary lists total dividends of ¥260.8bn, a payout ratio of 48.1% against 35.4% a year earlier. For the year to August 2027 it forecasts ¥450 at each of the interim and year-end stages, ¥900 in all. Payment is scheduled to start on 6 November 2026.
