Uniqlo's parent company Express Sales Group predicts that profits and sales will grow for the fiscal year ending August 2027. The clothing retailer plans to expand its global presence, and its performance guidelines are higher than analysts' expectations. The company issued a statement on Thursday saying that the operating profit for the fiscal year is expected to reach 830 billion yen, and the average analyst estimate is 833 billion yen; the revenue forecast is 4.45 trillion yen, which is also in line with market expectations. Yanai Tadashi, founder and CEO of Express Sales, still needs to more than double annual sales to reach the long-term goal of 10 trillion yen and make the company a global fashion giant. According to the latest data, Uniqlo is vigorously accelerating the expansion of the North American and European markets, based on its strong roots in the Japanese and Chinese markets.

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