Cash flow Fast Retailing Co., Ltd.

Equities

9983

JP3802300008

Apparel & Accessories Retailers

Market Closed - Japan Exchange Other stock markets 01:30:00 2024-12-10 am EST			5-day change	1st Jan Change
53,800.00 ^JPY	+0.24%		+6.68%	+53.76%

Dec. 09	China's Xinjiang Cotton Association Urges Resumption of Cotton Use	MT
Dec. 06	China's Xinjiang Cotton Association calls on international brands to restore cotton use	RE

4.oN7pjXRSqJSrPFcvSm1y9DkuiTYMlZELQvMdLC6cgzY.lq-5xA0RysOaTBZpczo7pGZgwHg5yv9gOqtxFWupyl3KvaPVIgTqzJNaYw

Published financial data: FAST RETAILING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2020	2021	2022	2023	2024
Revenues	2,009B	2,133B	2,301B	2,767B	3,104B
Total Revenues	2,009B	2,133B	2,301B	2,767B	3,104B
Cost of Goods Sold, Total	1,033B	1,059B	1,094B	1,330B	1,431B
Gross Profit	976B	1,074B	1,207B	1,436B	1,673B
Selling General & Admin Expenses, Total	806B	818B	900B	1,054B	985B
Depreciation & Amortization - (IS)	-	-	-	-	203B
Other Operating Expenses	-1.62B	804M	-9.12B	-2.3B	-6.91B
Other Operating Expenses, Total	804B	819B	891B	1,052B	1,181B
Operating Income	172B	255B	316B	384B	492B
Interest Expense, Total	-7.71B	-6.99B	-7.56B	-9.79B	-11.08B
Interest And Investment Income	9.67B	4.59B	9.47B	41.32B	66.75B
Net Interest Expenses	1.97B	-2.4B	1.91B	31.53B	55.67B
Income (Loss) On Equity Invest.	321M	561M	1.06B	1.14B	1.42B
Currency Exchange Gains (Loss)	3.15B	22.13B	119B	25.92B	7.54B
Other Non Operating Income (Expenses)	-24M	37M	27M	-90M	6M
EBT, Excl. Unusual Items	177B	275B	438B	443B	557B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-1.12B	7.72B	-1.14B	-917M	-1.4B
Asset Writedown	-23.06B	-16.9B	-23.15B	-3.96B	1.7B
Other Unusual Items	-15M	-6M	-2M	-	-
EBT, Incl. Unusual Items	153B	266B	414B	438B	557B
Income Tax Expense	62.47B	90.19B	129B	123B	164B
Earnings From Continuing Operations	90.4B	176B	285B	315B	394B
Net Income to Company	90.4B	176B	285B	315B	394B
Minority Interest	-40M	-5.84B	-11.42B	-18.94B	-21.6B
Net Income - (IS)	90.36B	170B	273B	296B	372B
Net Income to Common Incl Extra Items	90.36B	170B	273B	296B	372B
Net Income to Common Excl. Extra Items	90.36B	170B	273B	296B	372B
Per Share Items
Net EPS - Basic	295.05	554.37	891.76	966.09	1.21K
Basic EPS - Continuing Operations	295.05	554.37	891.76	966.09	1.21K
Basic Weighted Average Shares Outstanding	306M	306M	307M	307M	307M
Net EPS - Diluted	294.54	553.48	890.43	964.48	1.21K
Diluted EPS - Continuing Operations	294.54	553.48	890.43	964.48	1.21K
Diluted Weighted Average Shares Outstanding	307M	307M	307M	307M	307M
Normalized Basic EPS	361.23	542.06	855.61	840.77	1.06K
Normalized Diluted EPS	360.61	541.18	854.33	839.37	1.06K
Dividend Per Share	160	160	206.67	290	400
Payout Ratio	54.22	28.85	19.42	24.66	28.03
American Depositary Receipts Ratio (ADR)	0.01	0.01	0.01	0.01	0.01
Supplemental Items
EBITDA	202B	285B	350B	423B	697B
EBITA	172B	255B	316B	384B	492B
EBIT	172B	255B	316B	384B	492B
EBITDAR	255B	346B	427B	527B	814B
Effective Tax Rate - (Ratio)	40.87	33.92	31.15	28.03	29.36
Total Current Taxes	68.26B	87.8B	127B	125B	-
Total Deferred Taxes	-5.79B	2.39B	2.33B	-2.64B	-
Normalized Net Income	111B	166B	262B	258B	326B
Interest on Long-Term Debt	4.76B	4.85B	4.76B	5.19B	-
Supplemental Operating Expense Items
Advertising Expense	68.31B	66.58B	79.27B	92.31B	102B
Selling and Marketing Expenses	68.31B	66.58B	79.27B	92.31B	226B
Net Rental Expense, Total	52.47B	61.08B	76.97B	104B	117B
Imputed Operating Lease Interest Expense	4.42B	3.81B	5.49B	10.47B	14.56B
Imputed Operating Lease Depreciation	48.05B	57.27B	71.48B	93.73B	103B
Stock-Based Comp., Other (Total)	2.92B	2.18B	2.7B	920M	-
Total Stock-Based Compensation	2.92B	2.18B	2.7B	920M	-

Fiscal Period: August	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1,094B	1,178B	1,358B	903B	1,194B
Short Term Investments	49.89B	56.16B	123B	576B	-
Total Cash And Short Term Investments	1,143B	1,234B	1,482B	1,479B	1,194B
Accounts Receivable, Total	56.15B	42.14B	47.85B	56.66B	83.93B
Other Receivables	13.04B	11.4B	14.95B	33.83B	2.21B
Total Receivables	69.2B	53.54B	62.8B	90.49B	86.14B
Inventory	418B	395B	486B	449B	474B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	25.05B	42.38B	148B	157B	609B
Total Current Assets	1,655B	1,725B	2,179B	2,177B	2,363B
Gross Property Plant And Equipment	771B	820B	910B	955B	-
Accumulated Depreciation	-235B	-261B	-319B	-344B	-
Net Property Plant And Equipment	536B	559B	591B	611B	662B
Long-term Investments	81.99B	85.36B	183B	259B	429B
Goodwill	8.09B	8.09B	8.09B	8.09B	8.09B
Other Intangibles, Total	66.83B	66.94B	76.62B	87.3B	92.57B
Deferred Tax Assets Long-Term	45.45B	37.12B	8.51B	38.21B	32.43B
Other Long-Term Assets, Total	18.37B	29.07B	138B	123B	4M
Total Assets	2,412B	2,510B	3,184B	3,304B	3,588B
Liabilities
Accounts Payable, Total	151B	180B	300B	282B	389B
Short-term Borrowings	15.15B	13.16B	1.76B	1.12B	1.11B
Current Portion of Long-Term Debt	99.99B	-	130B	-	29.99B
Current Portion of Leases	115B	117B	124B	127B	131B
Current Income Taxes Payable	22.6B	38.61B	77.16B	65.43B	65.52B
Other Current Liabilities	244B	232B	243B	254B	236B
Total Current Liabilities	647B	581B	876B	729B	852B
Long-Term Debt	369B	369B	240B	240B	210B
Long-Term Leases	352B	344B	357B	339B	347B
Deferred Tax Liability Non Current	7.76B	9.86B	44.26B	67.04B	31.9B
Other Non Current Liabilities	39.82B	43.76B	51.43B	55.69B	77.95B
Total Liabilities	1,416B	1,348B	1,568B	1,430B	1,519B
Common Stock, Total	10.27B	10.27B	10.27B	10.27B	10.27B
Additional Paid In Capital	23.36B	25.36B	27.83B	28.53B	29.71B
Retained Earnings	933B	1,055B	1,275B	1,498B	1,766B
Treasury Stock	-15.13B	-14.97B	-14.81B	-14.71B	-14.63B
Comprehensive Income and Other	4.75B	41.03B	263B	299B	225B
Total Common Equity	957B	1,116B	1,562B	1,821B	2,017B
Minority Interest	39.52B	45.81B	53.75B	51.96B	51.72B
Total Equity	996B	1,162B	1,615B	1,873B	2,068B
Total Liabilities And Equity	2,412B	2,510B	3,184B	3,304B	3,588B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	306M	306M	307M	307M	307M
ECS Total Common Shares Outstanding	306M	306M	307M	307M	307M
Book Value / Share	3.12K	3.64K	5.09K	5.94K	6.57K
Tangible Book Value	882B	1,041B	1,477B	1,726B	1,916B
Tangible Book Value Per Share	2.88K	3.4K	4.82K	5.63K	6.25K
Total Debt	951B	843B	852B	706B	719B
Net Debt	-193B	-391B	-630B	-773B	-475B
Debt Equivalent Oper. Leases	420B	489B	616B	834B	937B
Minority Interest, Total (Incl. Fin. Div)	39.52B	45.81B	53.75B	51.96B	51.72B
Equity Method Investments, Total	14.22B	18.24B	18.56B	18.97B	19.56B
Account Code - Inventory Valuation	6	6	6	6	-
Inventories - Raw Materials, Total	5.96B	5.76B	6.1B	6.56B	5.23B
Inventories - Finished Goods, Total	412B	389B	480B	443B	469B
Inventories - Others	-	-	-	-	-
Land - (BS)	1.96B	1.96B	1.96B	1.96B	-
Buildings, Total	293B	325B	373B	402B	-
Machinery, Total	62.84B	84.35B	127B	152B	-
Full Time Employees	57.73K	55.59K	57.58K	59.87K	60.45K
Accumulated Allowance for Doubtful Accounts (Supple)	544M	445M	418M	565M	618M

Fiscal Period: August	2020	2021	2022	2023	2024
Net Income	90.36B	170B	273B	296B	557B
Depreciation & Amortization - CF	164B	160B	160B	164B	204B
Amortization of Goodwill and Intangible Assets - (CF)	49M	23M	30M	28M	-
Depreciation & Amortization, Total	164B	160B	160B	164B	204B
Amortization of Deferred Charges, Total - (CF)	13.99B	17.43B	19.85B	22.56B	-
(Gain) Loss From Sale Of Asset	1.12B	985M	1.14B	917M	-303M
Asset Writedown & Restructuring Costs	23.06B	16.9B	23.15B	3.96B	-
(Income) Loss On Equity Investments - (CF)	-321M	-561M	-1.06B	-1.14B	-1.42B
Other Operating Activities, Total	-13.88B	-1.54B	-63.21B	-51.74B	-144B
Change In Accounts Receivable	-4.16B	15.33B	-2.65B	-7.54B	-17.39B
Change In Inventories	-2.66B	36.75B	-50.9B	46.91B	-23.54B
Change In Accounts Payable	18.6B	384M	115B	-15.91B	47.32B
Change in Other Net Operating Assets	-25.1B	12.95B	-43.87B	4.65B	29.14B
Cash from Operations	265B	429B	431B	463B	652B
Capital Expenditure	-46.5B	-56.5B	-51.27B	-61.76B	-75.74B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-21.01B	-19.62B	-28.34B	-33.54B	-30.26B
Investment in Marketable and Equity Securities, Total	-5.21B	-6.6B	-134B	-477B	23.41B
Other Investing Activities, Total	-3.26B	123M	1.64B	-2.52B	365M
Cash from Investing	-75.98B	-82.6B	-212B	-574B	-82.23B
Short Term Debt Issued, Total	35.02B	64.25B	14.06B	6.51B	4.84B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	35.02B	64.25B	14.06B	6.51B	4.84B
Short Term Debt Repaid, Total	-21.55B	-67.8B	-26.21B	-7.31B	-4.89B
Long-Term Debt Repaid, Total	-146B	-248B	-137B	-271B	-
Total Debt Repaid	-167B	-316B	-163B	-278B	-4.89B
Common Dividends Paid	-49B	-48.99B	-53.09B	-73.06B	-
Common & Preferred Stock Dividends Paid	-	-	-	-	-104B
Common & Preferred Stock Dividends Paid	-49B	-48.99B	-53.09B	-73.06B	-104B
Other Financing Activities, Total	-2.19B	-2.19B	-10.92B	-20.05B	-165B
Cash from Financing	-183B	-303B	-213B	-365B	-269B
Foreign Exchange Rate Adjustments	1.39B	40.82B	175B	20.74B	-10.01B
Miscellaneous Cash Flow Adjustments	-1M	-	-	2M	-1M
Net Change in Cash	7.01B	84.2B	181B	-455B	290B
Supplemental Items
Cash Interest Paid	6.78B	6.1B	7.56B	9.86B	11.1B
Cash Income Tax Paid (Refund)	74.63B	78.74B	88.16B	160B	134B
Levered Free Cash Flow	167B	313B	260B	307B	16.03B
Unlevered Free Cash Flow	172B	317B	264B	313B	22.96B
Change In Net Working Capital	48.68B	-54.1B	36.5B	19.55B	383B
Net Debt Issued / Repaid	-132B	-252B	-149B	-271B	-52M

Fiscal Period: August	2020	2021	2022	2023	2024
Profitability
Return on Assets	4.85	6.47	6.93	7.4	8.93
Return on Total Capital	6.23	8.06	8.83	9.52	11.47
Return On Equity %	9.13	16.28	20.5	18.07	19.97
Return on Common Equity	9.54	16.39	20.41	17.51	19.39
Margin Analysis
Gross Profit Margin %	48.58	50.35	52.45	51.92	53.9
SG&A Margin	40.11	38.37	39.12	38.11	31.73
EBITDA Margin %	10.06	13.35	15.23	15.28	22.44
EBITA Margin %	8.55	11.94	13.73	13.89	15.86
EBIT Margin %	8.54	11.94	13.72	13.89	15.86
Income From Continuing Operations Margin %	4.5	8.24	12.37	11.39	12.68
Net Income Margin %	4.5	7.96	11.88	10.71	11.99
Net Avail. For Common Margin %	4.5	7.96	11.88	10.71	11.99
Normalized Net Income Margin	5.51	7.79	11.4	9.32	10.52
Levered Free Cash Flow Margin	8.32	14.67	11.28	11.1	0.52
Unlevered Free Cash Flow Margin	8.56	14.87	11.48	11.32	0.74
Asset Turnover
Asset Turnover	0.91	0.87	0.81	0.85	0.9
Fixed Assets Turnover	5.75	3.9	4	4.6	4.87
Receivables Turnover (Average Receivables)	37.66	43.4	51.14	52.94	44.15
Inventory Turnover (Average Inventory)	2.5	2.61	2.48	2.84	3.1
Short Term Liquidity
Current Ratio	2.56	2.97	2.49	2.98	2.77
Quick Ratio	1.87	2.22	1.76	2.15	1.5
Operating Cash Flow to Current Liabilities	0.41	0.74	0.49	0.64	0.76
Days Sales Outstanding (Average Receivables)	9.72	8.41	7.14	6.89	8.29
Days Outstanding Inventory (Average Inventory)	146.69	140	146.9	128.3	118.15
Average Days Payable Outstanding	48.91	58.25	73.89	82.05	84.24
Cash Conversion Cycle (Average Days)	107.5	90.16	80.14	53.15	42.19
Long Term Solvency
Total Debt/Equity	95.44	72.55	52.75	37.71	34.76
Total Debt / Total Capital	48.83	42.05	34.53	27.38	25.79
LT Debt/Equity	72.37	61.35	36.92	30.87	26.93
Long-Term Debt / Total Capital	37.03	35.55	24.17	22.42	19.99
Total Liabilities / Total Assets	58.7	53.69	49.26	43.29	42.35
EBIT / Interest Expense	22.27	36.44	41.78	39.25	44.44
EBITDA / Interest Expense	43.54	59.4	63	56.03	62.89
(EBITDA - Capex) / Interest Expense	37.51	51.32	56.21	49.72	56.05
Total Debt / EBITDA	2.83	2.03	1.79	1.29	1.03
Net Debt / EBITDA	-0.57	-0.94	-1.32	-1.41	-0.68
Total Debt / (EBITDA - Capex)	3.29	2.35	2	1.45	1.16
Net Debt / (EBITDA - Capex)	-0.67	-1.09	-1.48	-1.59	-0.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-12.3	6.18	7.88	20.23	12.19
Gross Profit, 1 Yr. Growth %	-12.84	10.05	12.38	19.02	16.48
EBITDA, 1 Yr. Growth %