
TOKYO -- Japan's Fast Retailing, which operates the Uniqlo chain, said Thursday it expects its earnings to hit a record high in the fiscal year ending in August 2021, after the coronavirus pandemic dragged down numbers this year.
The company expects its net profit to surge by 82% year-on-year to a historical high of 165 billion yen ($1.57 billion) in the year ending in August, surpassing a previous high of 162 billion yen in fiscal 2019.