United Arrows announced its financial results for the second quarter of the fiscal year ending March 2014 on the 6th. Consolidated results for the first half of the year showed sales of ¥56.67 billion (up 12% year-on-year), gross profit of ¥30.135 billion (up 9.4%), operating profit of ¥4.416 billion (up 90.3%), ordinary profit of ¥4.445 billion (up 89.6%), and net profit of ¥2.435 billion (up 89.1%). Despite increased sales and decreased profits, both sales and profits exceeded expectations. United Arrows' parent company sales were up 111.1% year-on-year and 101.7% of the target. By channel, retail sales were up 111.9% (up 1.8% on an existing store basis) and online sales were up 5.9%. However, online sales fell short of the target at 99.8% due to lower prices on online retailers other than the company's own website. 
By business segment, the UA business increased 8.9% year-on-year, the Green Label Relaxing business increased 13.9%, the Chrome Hearts business increased 25.8%, and small business units such as Another Edition and Drawer increased 4.6%, resulting in year-on-year increases for all businesses. In the first half of this year, 30 stores were opened and 4 stores were closed, bringing the total number of stores to 297 at the end of September. The total number of stores at the end of the full fiscal year is expected to be 310.
Full-year sales are expected to be 125.545 billion yen (up 9.1% year-on-year), operating profit to 13.462 billion yen (up 7.2% year-on-year), ordinary profit to 13.484 billion yen (up 7.2% year-on-year), and net profit to 7.754 billion yen (up 6.0% year-on-year), with no revisions to the initial forecast.
By business segment, the UA business increased 8.9% year-on-year, the Green Label Relaxing business increased 13.9%, the Chrome Hearts business increased 25.8%, and small business units such as Another Edition and Drawer increased 4.6%, resulting in year-on-year increases for all businesses. In the first half of this year, 30 stores were opened and 4 stores were closed, bringing the total number of stores to 297 at the end of September. The total number of stores at the end of the full fiscal year is expected to be 310.
Full-year sales are expected to be 125.545 billion yen (up 9.1% year-on-year), operating profit to 13.462 billion yen (up 7.2% year-on-year), ordinary profit to 13.484 billion yen (up 7.2% year-on-year), and net profit to 7.754 billion yen (up 6.0% year-on-year), with no revisions to the initial forecast.














