Fast Retailing Co. Ltd. announced consolidated earnings results for the first quarter ended November 30, 2016. For the quarter, the group reported revenue of ¥528,847 million, operating profit of ¥88,591 million, profit before income taxes of ¥104,204 million and profit attributable to owners of the parent of ¥69,695 million or ¥682.60 per diluted share compared to revenue of ¥520,303 million, operating profit of ¥75,921 million, profit before income taxes of ¥77,666 million and profit attributable to owners of the parent of ¥48,024 million or ¥470.48 per diluted share reported in the same period last year. Net cash from operating activities for the three months ended 30 November 2016 was ¥99,886 million compared to ¥58,501 million reported in the three months ended 30 November 2015. Purchases of property, plant and equipment was ¥11,116 million against ¥8,703 million reported last year. Purchases of intangible assets were ¥3,216 million against ¥2,359 million reported last year.

For the second quarter of year ending August 31, 2017, the company expects dividend of ¥175.00 per share compared to ¥185.00 per share declared last year.

For the year ending August 31, 2017, the company expects dividend of ¥175.00 per share compared to ¥165.00 per share declared last year.

For the year ending August 31, 2017, the group expected to report revenue of ¥1,850,000 million, operating profit of ¥175,000 million, profit before income taxes of ¥175,000 million and profit attributable to owners of the parent of ¥100,000 million or ¥980.74 per basic share.