Full Breakdown
Uniqlo to Raise Prices on 11 Japanese Items by About 4 % Starting Nov. 10
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Price Increase Announcement
On Oct. 19, Uniqlo disclosed that it will lift the average selling price of its Japanese merchandise by roughly 4 % on Nov. 10. The adjustment covers 11 fall-and-winter products, including the Kando Jacket (from ¥6,990 to ¥7,990) and Kando Pants (from ¥3,990 to ¥4,990). The company will also end bundled sales of its 50-color socks, moving from a four-pair pack priced at ¥990 to single-pair sales at ¥390.
Cost Pressures Behind the Move
Uniqlo attributes the hikes to rising raw-material, labor and logistics costs combined with a weaker yen that raises the expense of importing goods from its roughly 700 overseas partner factories. The retailer says the price changes are needed “to continue maintaining product quality.”
Scope and Limits
The price increase is confined to the Japanese market; Uniqlo told The Straits Times on Oct. 20 that Singapore consumers will not be affected. In addition to product prices, the company has already raised shipping fees and alteration charges for services such as hemming pants and shortening shirt sleeves.
Official Company Outlook
Fast Retailing, Uniqlo’s parent, reported that fiscal 2026 group revenue rose 16.6 % to ¥3.9633 trillion, with operating profit up 32 % to ¥743.1 billion—record levels for five consecutive years. The Japan business contributed ¥1.0848 trillion in revenue, up 5.7 %, and ¥196 billion in profit, up 8.1 %. Fast Retailing warned that continued yen weakness and higher procurement costs are expected to pressure the Japan segment’s gross-profit margin in fiscal 2027, prompting further price adjustments after December.
Implications Amid Strong Global Performance
While Uniqlo’s overseas sales surged—North America and Europe revenues grew over 34 % each—the company is using the November price hike to protect margins in its home market. The move illustrates how even record earnings can be offset by currency and input-cost dynamics, prompting the retailer to pass a portion of those costs onto Japanese consumers.