Underscoring the company’s continued recovery and solid retail performance, the operating profit of Japanese clothing brand United Arrows increased by 5.9 per cent to ¥6.74 billion from ¥6.362 billion in fiscal 2022, indicating effective cost management and operational efficiency. Similarly, the company’s ordinary profit rose by 8.5 per cent to ¥7.486 billion, compared to ¥6.9 billion the previous year.
The company’s total sales increased by 3.2 per cent to ¥134.269 billion (approximately $862.16 million) during FY23 from the previous year's ¥130.135 billion.
Net income attributable to owners of the parent company climbed by 12.3 per cent to ¥4.876 billion from ¥4.341 billion in fiscal 2022.
The company’s net income per share increased from ¥152.37 in fiscal 2022 to ¥175.43 in fiscal 2023. United Arrows maintained strong financial health, with net income as a percentage of net worth edging up to 14.2 per cent and ordinary profit as a percentage of total assets rising to 12.3 per cent. Operating profit as a percentage of total sales saw a modest increase to 5 per cent.
