TOKYO >> The Japanese owner of global clothing brand Uniqlo on Thursday reported a record high profit for the year ended August, and forecast a fifth-straight year of record profit in fiscal 2026 on its aggressive expansion in North America and Europe.

Fast Retailing said operating profit jumped about 13% to 564.3 billion yen ($3.69 billion) in the 12 months ended August 31 from the year before, beating expectations.

The retailer, known for its fleece jackets and inexpensive basics, reported strong domestic sales and robust results in the United States that compensated for higher tariffs.

Revenue in Japan was boosted by buoyant sales to tourists, while the international segment posted record performance, with North America revenue and business profit growing 24.5% and 35.1%, respectivel

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