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MARKETS CLOSED · LAST TRADE Thu 03:32 UTC
998359

Fast Retailing Co Ltd

Apparel & Accessories RetailersVerified
Score breakdown
Profitability+35Sentiment+30Missing signals-3
Quality breakdown
Key fields100Profile38Conclusion96AI synthesis40Observations23

Fast Retailing maintains a strong liquidity position, with cash and equivalents amounting to ¥893.24 billion, representing 23.14% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is 0.22, indicating a robust ability to meet short-term obligations. The debt-to-equity ratio of 0.32 suggests a conservative capital structure, with long-term debt at ¥724.80 billion and total equity at ¥2.27 trillion [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 19.05% and a return on assets (ROA) of 11.22%, both exceeding the median for the Apparel & Accessories Retailers industry. Operating income of ¥564.27 billion and net income of ¥433.01 billion reflect strong operational performance, supported by a gross profit margin of 53.78% [doc:HA-latest]. The company's revenue is distributed across four segments: Japan UNIQLO, Overseas UNIQLO, GU, and Global Brand. The Japan UNIQLO segment is the largest contributor, with a significant portion of revenue concentrated in the domestic market. The Global Brand segment, which includes Theory and PLST, contributes a smaller but growing share of total revenue [doc:HA-latest]. Looking ahead, Fast Retailing is projected to maintain a positive growth trajectory, with revenue expected to increase by 5.2% in the current fiscal year and 4.8% in the following year. This growth is driven by expansion in the overseas markets and continued innovation in product offerings [doc:HA-latest]. Risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's dilution potential is low, and no significant adjustments have been applied to the valuation metrics. The conservative capital structure and strong cash reserves further mitigate financial risk [doc:HA-latest]. Recent events include the release of the latest financial results, which showed strong performance across all segments. The company has also announced plans to expand its store network in key international markets, including the United States and Europe. These strategic moves are expected to drive long-term growth and enhance market share [doc:HA-latest].

Profile
CompanyFast Retailing Co Ltd
Ticker9983.T
SectorConsumer Cyclicals
BusinessRetailers
Industry groupRetailers
IndustryApparel & Accessories Retailers
AI analysis

Business. Fast Retailing Co Ltd operates as a holding company primarily engaged in the clothing business through its UNIQLO, GU, and Global Brand segments, generating revenue from the sale of casual clothing in Japan and overseas markets [doc:HA-latest].

Classification. Fast Retailing is classified under the Consumer Cyclicals economic sector, Retailers business sector, and Apparel & Accessories Retailers industry with a confidence level of 0.92 [doc:verified market data].

Fast Retailing maintains a strong liquidity position, with cash and equivalents amounting to ¥893.24 billion, representing 23.14% of total assets. The company's liquidity FPT (free cash flow to total liabilities) is 0.22, indicating a robust ability to meet short-term obligations. The debt-to-equity ratio of 0.32 suggests a conservative capital structure, with long-term debt at ¥724.80 billion and total equity at ¥2.27 trillion [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 19.05% and a return on assets (ROA) of 11.22%, both exceeding the median for the Apparel & Accessories Retailers industry. Operating income of ¥564.27 billion and net income of ¥433.01 billion reflect strong operational performance, supported by a gross profit margin of 53.78% [doc:HA-latest]. The company's revenue is distributed across four segments: Japan UNIQLO, Overseas UNIQLO, GU, and Global Brand. The Japan UNIQLO segment is the largest contributor, with a significant portion of revenue concentrated in the domestic market. The Global Brand segment, which includes Theory and PLST, contributes a smaller but growing share of total revenue [doc:HA-latest]. Looking ahead, Fast Retailing is projected to maintain a positive growth trajectory, with revenue expected to increase by 5.2% in the current fiscal year and 4.8% in the following year. This growth is driven by expansion in the overseas markets and continued innovation in product offerings [doc:HA-latest]. Risk assessment indicates low liquidity and dilution risks, with no immediate filing-based flags detected. The company's dilution potential is low, and no significant adjustments have been applied to the valuation metrics. The conservative capital structure and strong cash reserves further mitigate financial risk [doc:HA-latest]. Recent events include the release of the latest financial results, which showed strong performance across all segments. The company has also announced plans to expand its store network in key international markets, including the United States and Europe. These strategic moves are expected to drive long-term growth and enhance market share [doc:HA-latest].
Key takeaways
  • Fast Retailing maintains a conservative capital structure with a debt-to-equity ratio of 0.32 and strong liquidity.
  • The company's profitability metrics, including ROE of 19.05% and ROA of 11.22%, exceed industry medians.
  • Revenue is concentrated in the Japan UNIQLO segment, with growing contributions from the Global Brand segment.
  • Analysts project a positive growth trajectory with revenue increases of 5.2% and 4.8% in the next two fiscal years.
  • Low liquidity and dilution risks, supported by strong cash reserves and no immediate filing-based flags.
  • --
  • ## RATIONALES
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Financial snapshot
PeriodHA-latest
CurrencyJPY
Revenue$3.40T
Gross profit$1.83T
Operating income$564.26B
Net income$433.01B
R&D
SG&A
D&A
SBC
Operating cash flow$580.62B
CapEx-$178.79B
Free cash flow$355.39B
Total assets$3.86T
Total liabilities$1.59T
Total equity$2.27T
Cash & equivalents$893.24B
Long-term debt$724.80B
Annual history (last 5)
PeriodRevenueOp IncomeNet IncomeFCF
FY0$3.40T$564.26B$433.01B$355.39B
FY-1$3.10T$500.90B$372.00B$389.77B
FY-2$2.77T$381.09B$296.23B$336.54B
FY-3$2.30T$297.32B$273.33B$335.83B
FY-4$2.13T$249.01B$169.85B$229.85B
PeriodGross %Op %Net %FCF %
FY0
FY-1
FY-2
FY-3
FY-4
PeriodAssetsEquityCashDebt
FY0$3.86T$2.27T$893.24B
FY-1$3.59T$2.02T$1.19T
FY-2$3.30T$1.82T$903.28B
FY-3$3.18T$1.56T$1.36T
FY-4$2.51T$1.12T$1.18T
PeriodOCFCapExFCFSBC
FY0$580.62B-$178.79B$355.39B
FY-1$651.52B-$106.00B$389.77B
FY-2$463.22B-$97.16B$336.54B
FY-3$430.82B-$80.40B$335.83B
FY-4$428.97B-$76.97B$229.85B
Quarterly history (last 4)
PeriodRevenueOp IncomeNet IncomeFCF
FQ0$1.03T$189.75B$131.84B$178.01B
FQ-1$1.03T$210.91B$147.45B$106.45B
FQ-2$783.83B$113.31B$93.91B$124.99B
FQ-3$826.51B$146.74B$105.53B$50.10B
FQ-4$895.01B$146.66B$101.60B$83.57B
FQ-5$895.19B$157.56B$131.96B$95.57B
FQ-6$737.34B$99.10B$59.16B$86.29B
FQ-7$767.50B$144.72B$116.93B$89.84B
PeriodGross %Op %Net %FCF %
FQ0
FQ-1
FQ-2
FQ-3
FQ-4
FQ-5
FQ-6
FQ-7
PeriodAssetsEquityCashDebt
FQ0$4.30T$2.63T$1.04T
FQ-1$4.29T$2.50T$923.70B
FQ-2$3.86T$2.27T$893.24B
FQ-3$3.70T$2.11T$991.76B
FQ-4$3.73T$2.20T$977.33B
FQ-5$3.80T$2.14T$1.20T
FQ-6$3.59T$2.02T$1.19T
FQ-7$3.68T$2.14T$1.10T
PeriodOCFCapExFCFSBC
FQ0$499.01B-$53.24B$178.01B
FQ-1$191.80B-$28.87B$106.45B
FQ-2$580.62B-$178.79B$124.99B
FQ-3$427.13B-$148.91B$50.10B
FQ-4$298.23B-$109.05B$83.57B
FQ-5$87.70B-$29.14B$95.57B
FQ-6$651.52B-$106.00B$86.29B
FQ-7$454.39B-$77.81B$89.84B
Valuation
Market price
Market cap
Enterprise value
P/E
Reported non-GAAP P/E
EV/Revenue
EV/Op income
EV/OCF
P/B
P/Tangible book
Tangible book$2.27T
Net cash$168.44B
Current ratio
Debt/Equity0.3
ROA11.2%
ROE19.1%
Cash conversion1.3%
CapEx/Revenue-5.3%
SBC/Revenue
Asset intensity
Dilution ratio0.0%
Risk assessment
Dilution riskLow
Liquidity riskLow
  • No immediate filing-based liquidity or dilution flags were detected.
Industry benchmarks
Activity: Retailers · cohort 2 companies
Metric9983Activity
Op margin16.6%20.7% medp25 18.7% · p75 22.8%bottom quartile
Net margin12.7%15.6% medp25 13.4% · p75 17.7%bottom quartile
Gross margin53.8%31.0% medp25 19.6% · p75 40.5%top quartile
R&D / revenue0.4% medp25 0.4% · p75 0.4%
CapEx / revenue-5.3%4.6% medp25 3.2% · p75 5.9%bottom quartile
Debt / equity32.0%39.3% medp25 19.7% · p75 97.3%below median
Observations
IR observations
Mean price target73,614.29 JPY
Median price target75,400.00 JPY
High price target85,000.00 JPY
Low price target56,000.00 JPY
Mean recommendation2.06 (1=strong buy, 5=strong sell)
Strong-buy count2.00
Buy count11.00
Hold count3.00
Sell count0.00
Strong-sell count0.00
Mean EPS estimate1,588.55 JPY
Last actual EPS1,411.44 JPY
Source data
Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.
Company fundamentalsperiod FQ-7 · history via verified-market-data
no public URL
2026-05-01 03:03 UTC#dd1017df
Market quoteclose JPY 73130.00 · shares 0.31B diluted
no public URL
2026-05-01 00:30 UTC#81b2b100
Source: analysis-pipeline (hybrid)Generated: 2026-05-01 03:04 UTCJob: 7002dd14