Declared Dividend • May 12
First half dividend of JP¥320 announced Shareholders will receive a dividend of JP¥320. Ex-date: 28th August 2026 Payment date: 9th November 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 37%. Cash payout ratio: 30%. Price Target Changed • Apr 16
Price target increased by 8.7% to JP¥71,264 Up from JP¥65,560, the current price target is an average from 14 analysts. New target price is approximately in line with last closing price of JP¥74,840. Stock is up 63% over the past year. The company is forecast to post earnings per share of JP¥1,579 for next year compared to JP¥1,411 last year. Reported Earnings • Apr 10
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: JP¥430 (up from JP¥331 in 2Q 2025). Revenue: JP¥1.03t (up 15% from 2Q 2025). Net income: JP¥131.8b (up 30% from 2Q 2025). Profit margin: 13% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Feb 19
Upcoming dividend of JP¥270 per share Eligible shareholders must have bought the stock before 26 February 2026. Payment date: 12 May 2026. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.4%). Lower than average of industry peers (1.4%). Reported Earnings • Jan 09
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: JP¥481 (up from JP¥430 in 1Q 2025). Revenue: JP¥1.03t (up 15% from 1Q 2025). Net income: JP¥147.4b (up 12% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Revenue exceeded analyst estimates by 4.1%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Dec 11
Final dividend of JP¥260 announced Shareholders will receive a dividend of JP¥260. Ex-date: 26th February 2026 Payment date: 12th May 2026 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 38%. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 4 highly experienced directors. Independent Non-executive Director Joji Kurumado was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 29
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥1,411 (up from JP¥1,213 in FY 2024). Revenue: JP¥3.40t (up 9.6% from FY 2024). Net income: JP¥433.0b (up 16% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 28
Fast Retailing Co., Ltd. Approves Election of Directors Fast Retailing Co., Ltd. at the General Meeting of Shareholders held on 27 November 2025 approved election of Directors: Kathy Mitsuko Koll; Takeshi Kunibe,; Daisuke Tsukagoshi, each of them assumed the office. Announcement • Nov 23
Fast Retailing Co., Ltd. to Report Fiscal Year 2026 Results on Oct 08, 2026 Fast Retailing Co., Ltd. announced that they will report fiscal year 2026 results on Oct 08, 2026 Reported Earnings • Oct 10
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥1,411 (up from JP¥1,213 in FY 2024). Revenue: JP¥3.40t (up 9.6% from FY 2024). Net income: JP¥433.0b (up 16% from FY 2024). Profit margin: 13% (in line with FY 2024). Like-for-like sales growth: 8.1% vs FY 2024 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year. Upcoming Dividend • Aug 21
Upcoming dividend of JP¥240 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 10 November 2025. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.5%). Reported Earnings • Jul 13
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: JP¥344 (down from JP¥381 in 3Q 2024). Revenue: JP¥826.5b (up 7.7% from 3Q 2024). Net income: JP¥105.5b (down 9.7% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.3%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Declared Dividend • May 13
First half dividend of JP¥240 announced Shareholders will receive a dividend of JP¥240. Ex-date: 28th August 2025 Payment date: 10th November 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 35%. Cash payout ratio: 32%. Reported Earnings • Apr 11
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: JP¥331 (up from JP¥287 in 2Q 2024). Revenue: JP¥895.0b (up 14% from 2Q 2024). Net income: JP¥101.6b (up 15% from 2Q 2024). Profit margin: 11% (in line with 2Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥225 per share Eligible shareholders must have bought the stock before 27 February 2025. Payment date: 13 May 2025. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.4%). Reported Earnings • Jan 15
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: JP¥430 (up from JP¥352 in 1Q 2024). Revenue: JP¥895.2b (up 10% from 1Q 2024). Net income: JP¥132.0b (up 22% from 1Q 2024). Profit margin: 15% (up from 13% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 17%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 10
Fast Retailing Co., Ltd. (TSE:9983) completed the acquisition of 52% stake in U.S. flagship store at 666 Fifth Avenue from Vornado Realty Trust (NYSE:VNO). Fast Retailing Co., Ltd. (TSE:9983) agreed to acquire 52% stake in U.S. flagship store at 666 Fifth Avenue from Vornado Realty Trust (NYSE:VNO) for $350 million on August 2, 2024. A cash consideration of $350 million will be paid by Fast Retailing Co., Ltd. As part of consideration, $350 million is paid towards assets of U.S. flagship store at 666 Fifth Avenue. All of the estimated $340 million of net proceeds from the sale are expected to be used to partially repay Vornado’s $390 million of preferred equity on the asset. The sale is subject to customary closing conditions and the concurrent closing by UNIQLO of its separate transaction with the office condominium owner for the remainder of its store and is expected to close once the formation of the new condominium interests are completed, anticipated to occur by the first quarter of 2025. Eastdil Secured acted as financial advisor to Vornado in this transaction.
Fast Retailing Co., Ltd. (TSE:9983) completed the acquisition of 52% stake in U.S. flagship store at 666 Fifth Avenue from Vornado Realty Trust (NYSE:VNO) on January 8, 2025. Declared Dividend • Dec 19
Final dividend of JP¥225 announced Shareholders will receive a dividend of JP¥225. Ex-date: 27th February 2025 Payment date: 13th May 2025 Dividend yield will be 0.9%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 33%. Cash payout ratio: 25%. Reported Earnings • Dec 05
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥1,213 (up from JP¥966 in FY 2023). Revenue: JP¥3.10t (up 12% from FY 2023). Net income: JP¥372.0b (up 26% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 07
Fast Retailing Co., Ltd. Announces Final Dividend for the Financial Year Ended 31 August 2024, Payable on 18 November 2024 Fast Retailing Co., Ltd. announced final dividend of JPY 2.25 per HDR for the financial year ended 31 August 2024. Ex-dividend date is 29 August 2024. Dividend. Record date is 30 August 2024. Payment date is 18 November 2024. Price Target Changed • Oct 22
Price target increased by 7.3% to JP¥51,037 Up from JP¥47,557, the current price target is an average from 15 analysts. New target price is approximately in line with last closing price of JP¥51,430. Stock is up 52% over the past year. The company is forecast to post earnings per share of JP¥1,249 for next year compared to JP¥1,213 last year. Reported Earnings • Oct 15
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: JP¥1,213 (up from JP¥966 in FY 2023). Revenue: JP¥3.10t (up 12% from FY 2023). Net income: JP¥372.0b (up 26% from FY 2023). Profit margin: 12% (up from 11% in FY 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 5.5%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 10
Fast Retailing Co., Ltd., Annual General Meeting, Nov 28, 2024 Fast Retailing Co., Ltd., Annual General Meeting, Nov 28, 2024. Upcoming Dividend • Aug 22
Upcoming dividend of JP¥225 per share Eligible shareholders must have bought the stock before 29 August 2024. Payment date: 11 November 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (1.5%). Reported Earnings • Jul 13
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: JP¥381 (up from JP¥278 in 3Q 2023). Revenue: JP¥767.5b (up 14% from 3Q 2023). Net income: JP¥116.9b (up 37% from 3Q 2023). Profit margin: 15% (up from 13% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 37%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jul 11
Fast Retailing Co., Ltd. Revises Dividend Guidance for the Year Ending August 31, 2024 Fast Retailing Co., Ltd. revised dividend guidance for the year ending August 31, 2024. For the year, the company has revised its year-end dividend per share estimate from JPY 175.00 to JPY 225.00. Declared Dividend • Apr 14
First half dividend of JP¥175 announced Shareholders will receive a dividend of JP¥175. Ex-date: 29th August 2024 Payment date: 11th November 2024 Dividend yield will be 0.8%, which is lower than the industry average of 1.4%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 21%. Reported Earnings • Apr 12
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: JP¥287 (up from JP¥223 in 2Q 2023). Revenue: JP¥788.2b (up 5.0% from 2Q 2023). Net income: JP¥88.1b (up 29% from 2Q 2023). Profit margin: 11% (up from 9.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 25%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Apr 11
Fast Retailing Co., Ltd. Announces Interim Dividend for the Six Months Ended February 29, 2024, 22 May 2024 Fast Retailing Co., Ltd. announced interim dividend of JPY 1.25 per share for the six months ended February 29, 2024. Ex-dividend date 28 February 2024, Record date 29 February 2024 and Payment date 22 May 2024. Upcoming Dividend • Feb 21
Upcoming dividend of JP¥165 per share Eligible shareholders must have bought the stock before 28 February 2024. Payment date: 13 May 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.3%). Lower than average of industry peers (1.4%). Reported Earnings • Jan 13
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: JP¥352 (up from JP¥277 in 1Q 2023). Revenue: JP¥810.8b (up 13% from 1Q 2023). Net income: JP¥107.8b (up 27% from 1Q 2023). Profit margin: 13% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 7.7%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Dec 20
Marimekko and UNIQLO Re-Edition Collaboration Collection Marimekko and UNIQLO will launch a new limited-edition collaboration collection in early 2024. The collection combines Marimekko's art of printmaking with UNIQLO LifeWear of simple and high-quality everyday clothing. The capsule celebrates warm, joyful dressing for a vibrant New Year and will be available in UNIQLO stores and at uniqlo.com in all markets from 1 January 2024 onward. The launch date differs from country to country. The limited-edition collection offers head-to-toe warmth with UNIQLO's winter signatures featuring Marimekko's world-renowned prints: Kivet, Kissapollo, and Seireeni by Maija Isola, along with Hattara by Pentti Rinta. Each pattern, inspired by Nordic nature, echoes a serene winter landscape in pearl grays, muted gold, and timeless black. Announcement • Dec 05
Fast Retailing Co., Ltd. to Report Fiscal Year 2024 Results on Oct 10, 2024 Fast Retailing Co., Ltd. announced that they will report fiscal year 2024 results on Oct 10, 2024 Reported Earnings • Dec 03
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥966 (up from JP¥892 in FY 2022). Revenue: JP¥2.77t (up 20% from FY 2022). Net income: JP¥296.2b (up 8.4% from FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 7.6% vs FY 2022 Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Nov 07
Fast Retailing Co., Ltd. Announces Final Dividend for the Financial Year Ended 31 August 2023, Payable on 21 November 2023 Fast Retailing Co., Ltd. announced final dividend of JPY 1.65 per HDR for the financial year ended 31 August 2023. Dividend payable on 21 November 2023 and record date of 31 August 2023. Announcement • Oct 15
Fast Retailing Co., Ltd., Annual General Meeting, Nov 30, 2023 Fast Retailing Co., Ltd., Annual General Meeting, Nov 30, 2023. Reported Earnings • Oct 13
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥966 (up from JP¥892 in FY 2022). Revenue: JP¥2.77t (up 20% from FY 2022). Net income: JP¥296.2b (up 8.4% from FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of JP¥155 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 August 2023. Payment date: 06 November 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.4%). Reported Earnings • Jul 15
Third quarter 2023 earnings: EPS and revenues exceed analyst expectations Third quarter 2023 results: EPS: JP¥278 (down from JP¥297 in 3Q 2022). Revenue: JP¥676.2b (up 24% from 3Q 2022). Net income: JP¥85.1b (down 6.4% from 3Q 2022). Profit margin: 13% (down from 17% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 15
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: JP¥223 (up from JP¥174 in 2Q 2022). Revenue: JP¥751.0b (up 27% from 2Q 2022). Net income: JP¥68.3b (up 28% from 2Q 2022). Profit margin: 9.1% (up from 9.0% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.2%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Specialty Retail industry in Japan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • Mar 08
Consensus EPS estimates fall by 13% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from JP¥874 to JP¥759 per share. Revenue forecast steady at JP¥2.61t. Net income forecast to shrink 9.3% next year vs 4.2% growth forecast for Specialty Retail industry in Japan . Consensus price target broadly unchanged at JP¥29,675. Share price rose 11% to JP¥29,485 over the past week. Major Estimate Revision • Feb 28
Consensus EPS estimates increase by 16% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from JP¥753 to JP¥874. Revenue forecast steady at JP¥2.61t. Net income forecast to shrink 9.2% next year vs 5.0% growth forecast for Specialty Retail industry in Japan . Consensus price target broadly unchanged at JP¥29,595. Share price was steady at JP¥26,900 over the past week. Upcoming Dividend • Feb 20
Upcoming dividend of JP¥115 per share at 0.8% yield Eligible shareholders must have bought the stock before 27 February 2023. Payment date: 10 May 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.5%). Announcement • Jan 14
Fast Retailing Co., Ltd. Reaffirms Earnings Guidance for the First Half and Fiscal Year Ending August 31, 2023 Fast Retailing Co., Ltd. reaffirmed earnings guidance for the first half and fiscal year ending August 31, 2023. Overall sales and income for the first half are expected to increase in line with forecasts.Although first quarter results fell short of the forecast, the full-year forecast remains unchanged from the initial forecast.