Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Fast Retailing Co., Ltd.    9983   JP3802300008

FAST RETAILING CO., LTD.

(9983)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Fast Retailing : Japanese apparel chain Uniqlo opens 1st store in India

share with twitter share with LinkedIn share with facebook
share via e-mail
10/04/2019 | 12:53am EST

Japanese casual fashion chain Uniqlo made its debut in India on Friday, with the opening of a store in New Delhi heralding a new chapter in its global expansion.

Tadashi Yanai, chairman, president and chief executive officer of Fast Retailing Co., said Thursday at the store in Ambience Mall, Vasant Kunj, that -- with a sales area of about 3,300 square meters -- it is one of the chain's largest sites in the world.

He said Fast Retailing, the operator of Uniqlo stores, has long craved a presence in India to tap market potential in a country of 1.3 billion people, which generates annual gross domestic product growth of around 7 percent.

"We will open two more stores soon in Delhi NCR (National Capital Region), underlying our commitment to the Indian market and a major step forward for our global business expansion," Yanai told reporters.

A spokesperson for Uniqlo India Pvt. Ltd., a wholly owned subsidiary, said the company is sourcing most of its products from countries such as Vietnam, China and Bangladesh, but may explore the possibility of setting up its own factory in India. (NNA/Kyodo)

==Kyodo

© Kyodo News International, Inc., source Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on FAST RETAILING CO., LTD.
02/27FAST RETAILING CO., LTD. : Ex-dividend day for interim dividend
FA
02/24FAST RETAILING : First UNIQLO Store in Hanoi Opens on March 6 at Vincom Center, ..
PU
02/13SoftBank profit wiped out by Vision Fund losses, second fund scaled back
RE
02/12SoftBank profit wiped out by Vision Fund losses, second fund scaled back
RE
02/09FAST RETAILING : Announcements and Notices -
PU
02/09FAST RETAILING : Proposed record date in connection with the payment of interim ..
PU
02/07Activist Builds Stake in Japan's SoftBank -- WSJ
DJ
02/06FAST RETAILING : Uniqlo shuts around half of its China stores due to coronavirus
RE
02/04Companies feel impact of coronavirus outbreak in China
RE
02/04FAST RETAILING : UNIQLO Monthly Sales Information of Japan (January 2019)
PU
More news
Financials (JPY)
Sales 2020 2 297 B
EBIT 2020 237 B
Net income 2020 165 B
Finance 2020 572 B
Yield 2020 0,96%
P/E ratio 2020 34,1x
P/E ratio 2021 28,4x
EV / Sales2020 2,20x
EV / Sales2021 1,94x
Capitalization 5 614 B
Chart FAST RETAILING CO., LTD.
Duration : Period :
Fast Retailing Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends FAST RETAILING CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 64 887,50  JPY
Last Close Price 55 000,00  JPY
Spread / Highest target 38,2%
Spread / Average Target 18,0%
Spread / Lowest Target -9,09%
EPS Revisions
Managers
NameTitle
Tadashi Yanai Chairman, President & Group CEO
Takeshi Okazaki CFO, Director & Group Senior Executive Officer
Masaaki Shintaku Independent Outside Director
Toru Hambayashi Independent Outside Director
Nobumichi Hattori Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
FAST RETAILING CO., LTD.1.19%52 019
INDUSTRIA DE DISEÑO TEXTIL, S.A.-7.00%99 097
KERING-9.43%72 076
ROSS STORES0.28%42 779
HENNES & MAURITZ-2.07%31 760
ZALANDO-0.69%12 138