Takeshi Okazaki, CFO of Uniqlo's parent company, Fast Retailing, said that higher US tariffs would start impacting its US operation "significantly" from later this year. He further added that the firm plans to raise prices to soften the blow. Its operating profit in the three months to May 31 rose 1.4% to ¥146.7 billion, below the forecasted ¥153.8 billion.