Cash flow Fast Retailing Co., Ltd.

Equities

9983

JP3802300008

Apparel & Accessories Retailers

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-03-10 am EDT			5-day change	1st Jan Change
64,250.00 ^JPY	+1.56%		-0.99%	+12.84%

Feb. 27	Japan's Nikkei closes at record high, logs biggest monthly gain in four	RE
Feb. 05	Fast Retailing Proposes Feb. 27 Record Date for Fiscal H1 Interim Dividend	MT

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Published financial data: FAST RETAILING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2021	2022	2023	2024	2025
Revenues	2,133B	2,301B	2,767B	3,104B	3,401B
Total Revenues	2,133B	2,301B	2,767B	3,104B	3,401B
Cost of Goods Sold, Total	1,059B	1,094B	1,330B	1,431B	1,572B
Gross Profit	1,074B	1,207B	1,436B	1,673B	1,829B
Selling General & Admin Expenses, Total	818B	900B	1,054B	985B	1,278B
Depreciation & Amortization - (IS)	-	-	-	203B	-
Other Operating Expenses	804M	-9.12B	-2.3B	-6.91B	-7.36B
Other Operating Expenses, Total	819B	891B	1,052B	1,181B	1,270B
Operating Income	255B	316B	384B	492B	559B
Interest Expense, Total	-6.99B	-7.56B	-9.79B	-11.08B	-12.38B
Interest And Investment Income	4.59B	9.47B	41.32B	66.75B	65.31B
Net Interest Expenses	-2.4B	1.91B	31.53B	55.67B	52.93B
Income (Loss) On Equity Invest.	561M	1.06B	1.14B	1.42B	1.7B
Currency Exchange Gains (Loss)	22.13B	119B	25.92B	7.54B	39.82B
Other Non Operating Income (Expenses)	37M	27M	-90M	6M	-446M
EBT, Excl. Unusual Items	275B	438B	443B	557B	653B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	7.72B	-1.14B	-917M	-1.4B	-1.34B
Asset Writedown	-16.9B	-23.15B	-3.96B	1.7B	-607M
Other Unusual Items	-6M	-2M	-	-	-
EBT, Incl. Unusual Items	266B	414B	438B	557B	651B
Income Tax Expense	90.19B	129B	123B	164B	191B
Earnings From Continuing Operations	176B	285B	315B	394B	459B
Net Income to Company	176B	285B	315B	394B	459B
Minority Interest	-5.84B	-11.42B	-18.94B	-21.6B	-26.14B
Net Income - (IS)	170B	273B	296B	372B	433B
Net Income to Common Incl Extra Items	170B	273B	296B	372B	433B
Net Income to Common Excl. Extra Items	170B	273B	296B	372B	433B
Per Share Items
Net EPS - Basic	554.37	891.76	966.09	1.21K	1.41K
Basic EPS - Continuing Operations	554.37	891.76	966.09	1.21K	1.41K
Basic Weighted Average Shares Outstanding	306M	307M	307M	307M	307M
Net EPS - Diluted	553.48	890.43	964.48	1.21K	1.41K
Diluted EPS - Continuing Operations	553.48	890.43	964.48	1.21K	1.41K
Diluted Weighted Average Shares Outstanding	307M	307M	307M	307M	307M
Normalized Basic EPS	542.06	855.61	840.77	1.06K	1.24K
Normalized Diluted EPS	541.18	854.33	839.37	1.06K	1.24K
Dividend Per Share	160	206.67	290	400	500
Payout Ratio	28.85	19.42	24.66	28.03	32.94
American Depositary Receipts Ratio (ADR)	0.01	0.01	0.01	0.01	0.01
Supplemental Items
EBITDA	285B	350B	423B	697B	610B
EBITA	255B	316B	384B	492B	559B
EBIT	255B	316B	384B	492B	559B
EBITDAR	346B	427B	527B	814B	739B
Effective Tax Rate - (Ratio)	33.92	31.15	28.03	29.36	29.42
Total Current Taxes	87.8B	127B	125B	-	195B
Total Deferred Taxes	2.39B	2.33B	-2.64B	-	-3.56B
Normalized Net Income	166B	262B	258B	326B	382B
Interest on Long-Term Debt	4.85B	4.76B	5.19B	-	8.46B
Supplemental Operating Expense Items
Advertising Expense	66.58B	79.27B	92.31B	102B	109B
Selling and Marketing Expenses	66.58B	79.27B	92.31B	226B	109B
Net Rental Expense, Total	61.08B	76.97B	104B	117B	129B
Imputed Operating Lease Interest Expense	3.81B	5.49B	10.47B	14.56B	17.66B
Imputed Operating Lease Depreciation	57.27B	71.48B	93.73B	103B	111B
Stock-Based Comp., Other (Total)	2.18B	2.7B	920M	-	1.43B
Total Stock-Based Compensation	2.18B	2.7B	920M	-	1.43B

Fiscal Period: August	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1,178B	1,358B	903B	1,194B	893B
Short Term Investments	56.16B	123B	576B	-	900B
Total Cash And Short Term Investments	1,234B	1,482B	1,479B	1,194B	1,793B
Accounts Receivable, Total	42.14B	47.85B	56.66B	83.93B	87.25B
Other Receivables	11.4B	14.95B	33.83B	2.21B	17.2B
Total Receivables	53.54B	62.8B	90.49B	86.14B	104B
Inventory	395B	486B	449B	474B	511B
Prepaid Expenses	-	-	-	-	10.44B
Other Current Assets, Total	42.38B	148B	157B	609B	109B
Total Current Assets	1,725B	2,179B	2,177B	2,363B	2,528B
Gross Property Plant And Equipment	820B	910B	955B	-	1,221B
Accumulated Depreciation	-261B	-319B	-344B	-	-411B
Net Property Plant And Equipment	559B	591B	611B	662B	809B
Long-term Investments	85.36B	183B	259B	429B	344B
Goodwill	8.09B	8.09B	8.09B	8.09B	8.09B
Other Intangibles, Total	66.94B	76.62B	87.3B	92.57B	91.61B
Deferred Tax Assets Long-Term	37.12B	8.51B	38.21B	32.43B	40.89B
Other Long-Term Assets, Total	29.07B	138B	123B	4M	37.69B
Total Assets	2,510B	3,184B	3,304B	3,588B	3,859B
Liabilities
Accounts Payable, Total	180B	300B	282B	389B	328B
Short-term Borrowings	13.16B	1.76B	1.12B	1.11B	1.45B
Current Portion of Long-Term Debt	-	130B	-	29.99B	70B
Current Portion of Leases	117B	124B	127B	131B	127B
Current Income Taxes Payable	38.61B	77.16B	65.43B	65.52B	73.07B
Other Current Liabilities	232B	243B	254B	236B	312B
Total Current Liabilities	581B	876B	729B	852B	911B
Long-Term Debt	369B	240B	240B	210B	140B
Long-Term Leases	344B	357B	339B	347B	387B
Deferred Tax Liability Non Current	9.86B	44.26B	67.04B	31.9B	22.54B
Other Non Current Liabilities	43.76B	51.43B	55.69B	77.95B	71.48B
Total Liabilities	1,348B	1,568B	1,430B	1,519B	1,532B
Common Stock, Total	10.27B	10.27B	10.27B	10.27B	10.27B
Additional Paid In Capital	25.36B	27.83B	28.53B	29.71B	31B
Retained Earnings	1,055B	1,275B	1,498B	1,766B	2,056B
Treasury Stock	-14.97B	-14.81B	-14.71B	-14.63B	-14.53B
Comprehensive Income and Other	41.03B	263B	299B	225B	190B
Total Common Equity	1,116B	1,562B	1,821B	2,017B	2,273B
Minority Interest	45.81B	53.75B	51.96B	51.72B	54.38B
Total Equity	1,162B	1,615B	1,873B	2,068B	2,328B
Total Liabilities And Equity	2,510B	3,184B	3,304B	3,588B	3,859B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	306M	307M	307M	307M	307M
ECS Total Common Shares Outstanding	306M	307M	307M	307M	307M
Book Value / Share	3.64K	5.09K	5.94K	6.57K	7.41K
Tangible Book Value	1,041B	1,477B	1,726B	1,916B	2,173B
Tangible Book Value Per Share	3.4K	4.82K	5.63K	6.25K	7.08K
Total Debt	843B	852B	706B	719B	725B
Net Debt	-391B	-630B	-773B	-475B	-1,068B
Debt Equivalent Oper. Leases	489B	616B	834B	937B	1,030B
Minority Interest, Total (Incl. Fin. Div)	45.81B	53.75B	51.96B	51.72B	54.38B
Equity Method Investments, Total	18.24B	18.56B	18.97B	19.56B	31.36B
Account Code - Inventory Valuation	6	6	6	-	6
Inventories - Raw Materials, Total	5.76B	6.1B	6.56B	5.23B	4.56B
Inventories - Finished Goods, Total	389B	480B	443B	469B	506B
Inventories - Others	-	-	-	-	-
Land - (BS)	1.96B	1.96B	1.96B	-	4.32B
Buildings, Total	325B	373B	402B	-	532B
Machinery, Total	84.35B	127B	152B	-	183B
Full Time Employees	55.59K	57.58K	59.87K	60.45K	59.52K
Accumulated Allowance for Doubtful Accounts (Supple)	445M	418M	565M	618M	639M

Fiscal Period: August	2021	2022	2023	2024	2025
Net Income	170B	273B	296B	557B	433B
Depreciation & Amortization - CF	160B	160B	164B	204B	188B
Amortization of Goodwill and Intangible Assets - (CF)	23M	30M	28M	-	20M
Depreciation & Amortization, Total	160B	160B	164B	204B	189B
Amortization of Deferred Charges, Total - (CF)	17.43B	19.85B	22.56B	-	28B
(Gain) Loss From Sale Of Asset	985M	1.14B	917M	-303M	1.34B
Asset Writedown & Restructuring Costs	16.9B	23.15B	3.96B	-	584M
(Income) Loss On Equity Investments - (CF)	-561M	-1.06B	-1.14B	-1.42B	-1.7B
Other Operating Activities, Total	-1.54B	-63.21B	-51.74B	-144B	-28.4B
Change In Accounts Receivable	15.33B	-2.65B	-7.54B	-17.39B	-12.72B
Change In Inventories	36.75B	-50.9B	46.91B	-23.54B	-29.86B
Change In Accounts Payable	384M	115B	-15.91B	47.32B	476M
Change in Other Net Operating Assets	12.95B	-43.87B	4.65B	29.14B	1.37B
Cash from Operations	429B	431B	463B	652B	581B
Capital Expenditure	-56.5B	-51.27B	-61.76B	-75.74B	-136B
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Intangible assets	-19.62B	-28.34B	-33.54B	-30.26B	-27.33B
Investment in Marketable and Equity Securities, Total	-6.6B	-134B	-477B	23.41B	-408B
Other Investing Activities, Total	123M	1.64B	-2.52B	365M	-8.28B
Cash from Investing	-82.6B	-212B	-574B	-82.23B	-579B
Short Term Debt Issued, Total	64.25B	14.06B	6.51B	4.84B	566M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	64.25B	14.06B	6.51B	4.84B	566M
Short Term Debt Repaid, Total	-67.8B	-26.21B	-7.31B	-4.89B	-226M
Long-Term Debt Repaid, Total	-248B	-137B	-271B	-	-170B
Total Debt Repaid	-316B	-163B	-278B	-4.89B	-171B
Common Dividends Paid	-48.99B	-53.09B	-73.06B	-104B	-143B
Common & Preferred Stock Dividends Paid	-48.99B	-53.09B	-73.06B	-104B	-143B
Other Financing Activities, Total	-2.19B	-10.92B	-20.05B	-165B	-26.37B
Cash from Financing	-303B	-213B	-365B	-269B	-339B
Foreign Exchange Rate Adjustments	40.82B	175B	20.74B	-10.01B	37.12B
Miscellaneous Cash Flow Adjustments	-	-	2M	-1M	-
Net Change in Cash	84.2B	181B	-455B	290B	-300B
Supplemental Items
Cash Interest Paid	6.1B	7.56B	9.86B	11.1B	12.87B
Cash Income Tax Paid (Refund)	78.74B	88.16B	160B	134B	200B
Levered Free Cash Flow	313B	260B	307B	16.03B	383B
Unlevered Free Cash Flow	317B	264B	313B	22.96B	391B
Change In Net Working Capital	-54.1B	36.5B	19.55B	383B	13.24B
Net Debt Issued / Repaid	-252B	-149B	-271B	-52M	-170B

Fiscal Period: August	2021	2022	2023	2024	2025
Profitability
Return on Assets	6.47	6.93	7.4	8.93	9.38
Return on Total Capital	8.06	8.83	9.52	11.47	11.96
Return On Equity %	16.28	20.5	18.07	19.97	20.89
Return on Common Equity	16.39	20.41	17.51	19.39	20.19
Margin Analysis
Gross Profit Margin %	50.35	52.45	51.92	53.9	53.78
SG&A Margin	38.37	39.12	38.11	31.73	37.57
EBITDA Margin %	13.35	15.23	15.28	22.44	17.94
EBITA Margin %	11.94	13.73	13.89	15.86	16.42
EBIT Margin %	11.94	13.72	13.89	15.86	16.42
Income From Continuing Operations Margin %	8.24	12.37	11.39	12.68	13.5
Net Income Margin %	7.96	11.88	10.71	11.99	12.73
Net Avail. For Common Margin %	7.96	11.88	10.71	11.99	12.73
Normalized Net Income Margin	7.79	11.4	9.32	10.52	11.22
Levered Free Cash Flow Margin	14.67	11.28	11.1	0.52	11.27
Unlevered Free Cash Flow Margin	14.87	11.48	11.32	0.74	11.5
Asset Turnover
Asset Turnover	0.87	0.81	0.85	0.9	0.91
Fixed Assets Turnover	3.9	4	4.6	4.87	4.62
Receivables Turnover (Average Receivables)	43.4	51.14	52.94	44.15	42.18
Inventory Turnover (Average Inventory)	2.61	2.48	2.84	3.1	3.19
Short Term Liquidity
Current Ratio	2.97	2.49	2.98	2.77	2.77
Quick Ratio	2.22	1.76	2.15	1.5	2.08
Operating Cash Flow to Current Liabilities	0.74	0.49	0.64	0.76	0.64
Days Sales Outstanding (Average Receivables)	8.41	7.14	6.89	8.29	8.65
Days Outstanding Inventory (Average Inventory)	140	146.9	128.3	118.15	114.42
Average Days Payable Outstanding	58.25	73.89	82.05	84.24	75.86
Cash Conversion Cycle (Average Days)	90.16	80.14	53.15	42.19	47.22
Long Term Solvency
Total Debt/Equity	72.55	52.75	37.71	34.76	31.14
Total Debt / Total Capital	42.05	34.53	27.38	25.79	23.75
LT Debt/Equity	61.35	36.92	30.87	26.93	22.62
Long-Term Debt / Total Capital	35.55	24.17	22.42	19.99	17.25
Total Liabilities / Total Assets	53.69	49.26	43.29	42.35	39.69
EBIT / Interest Expense	36.44	41.78	39.25	44.44	45.1
EBITDA / Interest Expense	59.4	63	56.03	62.89	60.32
(EBITDA - Capex) / Interest Expense	51.32	56.21	49.72	56.05	49.38
Total Debt / EBITDA	2.03	1.79	1.29	1.03	0.97
Net Debt / EBITDA	-0.94	-1.32	-1.41	-0.68	-1.43
Total Debt / (EBITDA - Capex)	2.35	2	1.45	1.16	1.19
Net Debt / (EBITDA - Capex)	-1.09	-1.48	-1.59	-0.76	-1.75
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.18	7.88	20.23	12.19	9.56
Gross Profit, 1 Yr. Growth %	10.05	12.38	19.02	16.48	9.31
EBITDA, 1 Yr. Growth %	40.96	23.03	20.66	64.76	13.12
EBITA, 1 Yr. Growth %	48.37	23.99	21.68	28.09	13.46
EBIT, 1 Yr. Growth %	48.4	23.99	21.68	28.1	13.46
Earnings From Cont. Operations, 1 Yr. Growth %	94.35	62.08	10.68	24.89	16.65
Net Income, 1 Yr. Growth %	87.97	60.93	8.38	25.58	16.4
Normalized Net Income, 1 Yr. Growth %	50.12	57.91	-1.7	26.63	16.92
Diluted EPS Before Extra, 1 Yr. Growth %	87.91	60.88	8.32	25.54	16.39
Accounts Receivable, 1 Yr. Growth %	-24.95	13.55	18.42	48.11	17.91
Inventory, 1 Yr. Growth %	-5.43	23.06	-7.55	5.61	7.69
Net Property, Plant and Equip., 1 Yr. Growth %	4.22	5.75	3.42	8.41	22.19
Total Assets, 1 Yr. Growth %	4.06	26.84	3.77	8.59	7.58
Tangible Book Value, 1 Yr. Growth %	18.13	41.82	16.86	11	13.44
Common Equity, 1 Yr. Growth %	16.72	39.87	16.63	10.71	12.72
Cash From Operations, 1 Yr. Growth %	61.96	0.43	7.52	40.65	-10.88
Capital Expenditures, 1 Yr. Growth %	21.51	-9.25	20.47	22.63	83.83
Levered Free Cash Flow, 1 Yr. Growth %	87.3	-17.06	18.29	-94.78	-21.79
Unlevered Free Cash Flow, 1 Yr. Growth %	84.6	-16.71	18.49	-92.67	-21.32
Dividend Per Share, 1 Yr. Growth %	0	29.17	40.32	37.93	25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-3.5	7.03	13.89	16.14	10.87
Gross Profit, 2 Yr. CAGR %	-2.06	11.21	15.65	17.74	12.84
EBITDA, 2 Yr. CAGR %	-3.55	31.69	21.84	41	20.11
EBITA, 2 Yr. CAGR %	-2.39	35.63	22.83	24.84	20.55
EBIT, 2 Yr. CAGR %	-2.36	35.64	22.83	24.85	20.56
Earnings From Cont. Operations, 2 Yr. CAGR %	-0.67	77.48	33.94	17.57	20.7
Net Income, 2 Yr. CAGR %	2.21	73.93	32.06	16.66	20.9
Normalized Net Income, 2 Yr. CAGR %	7.07	53.97	24.59	11.57	21.68
Diluted EPS Before Extra, 2 Yr. CAGR %	2.17	73.87	32.01	16.61	20.88
Accounts Receivable, 2 Yr. CAGR %	-8.68	-7.69	15.96	32.44	24.09
Inventory, 2 Yr. CAGR %	-1.93	7.88	6.66	-1.19	6.65
Net Property, Plant and Equip., 2 Yr. CAGR %	85.66	4.99	4.58	5.89	15.09
Total Assets, 2 Yr. CAGR %	11.73	14.89	14.73	6.15	8.08
Tangible Book Value, 2 Yr. CAGR %	9.38	29.43	28.74	13.89	12.21
Common Equity, 2 Yr. CAGR %	9.06	27.77	27.73	13.63	11.71
Cash From Operations, 2 Yr. CAGR %	19.48	27.54	3.92	22.98	11.96
Capital Expenditures, 2 Yr. CAGR %	16.59	5	4.55	21.54	48.14
Levered Free Cash Flow, 2 Yr. CAGR %	16.37	24.64	-0.95	-75.14	11.72
Unlevered Free Cash Flow, 2 Yr. CAGR %	16.5	24	-0.66	-70.53	11.73
Dividend Per Share, 2 Yr. CAGR %	0	13.65	34.63	39.12	31.31
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	0.05	0.15	11.26	13.32	13.9
Gross Profit, 3 Yr. CAGR %	0.76	2.53	13.75	15.92	14.86
EBITDA, 3 Yr. CAGR %	-0.47	4.6	27.9	34.73	20.29
EBITA, 3 Yr. CAGR %	0.53	5.71	30.81	24.56	20.93
EBIT, 3 Yr. CAGR %	0.55	5.73	30.82	24.56	20.93
Earnings From Cont. Operations, 3 Yr. CAGR %	1.23	16.94	51.63	30.85	17.26
Net Income, 3 Yr. CAGR %	3.14	18.91	48.56	29.87	16.57
Normalized Net Income, 3 Yr. CAGR %	4.49	21.88	32.58	25.27	13.33
Diluted EPS Before Extra, 3 Yr. CAGR %	3.1	18.87	48.5	29.81	16.54
Accounts Receivable, 3 Yr. CAGR %	-2.47	-1.8	0.3	25.82	22.17
Inventory, 3 Yr. CAGR %	-5.29	5.78	2.47	6.31	1.69
Net Property, Plant and Equip., 3 Yr. CAGR %	53.3	53.9	4.46	5.84	11.06
Total Assets, 3 Yr. CAGR %	8.71	16.56	11.06	12.64	6.62
Tangible Book Value, 3 Yr. CAGR %	8.79	19.27	25.1	22.53	13.74
Common Equity, 3 Yr. CAGR %	8.97	18.49	23.95	21.78	13.33
Cash From Operations, 3 Yr. CAGR %	34.47	12.76	20.48	14.95	10.46
Capital Expenditures, 3 Yr. CAGR %	20.91	7.24	9.92	10.26	38.27
Levered Free Cash Flow, 3 Yr. CAGR %	52.61	3.95	22.49	-62.86	13.87
Unlevered Free Cash Flow, 3 Yr. CAGR %	52.18	4.17	22.13	-58.33	13.94
Dividend Per Share, 3 Yr. CAGR %	2.94	8.91	21.92	35.72	34.24
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	3.61	4.33	5.37	6.27	11.1
Gross Profit, 5 Yr. CAGR %	4.42	5.83	6.47	8.37	13.39
EBITDA, 5 Yr. CAGR %	8.03	10.02	7.91	17.87	24.73
EBITA, 5 Yr. CAGR %	9.4	11.45	8.92	12.98	26.61
EBIT, 5 Yr. CAGR %	9.53	11.46	8.93	13	26.61
Earnings From Cont. Operations, 5 Yr. CAGR %	26.58	17.18	13.22	17.19	38.41
Net Income, 5 Yr. CAGR %	28.73	18.04	13.86	18	36.81
Normalized Net Income, 5 Yr. CAGR %	20.66	17.43	12.11	17.64	28.11
Diluted EPS Before Extra, 5 Yr. CAGR %	28.68	17.99	13.81	17.96	36.76
Accounts Receivable, 5 Yr. CAGR %	1.1	2.36	4.52	10.68	9.22
Inventory, 5 Yr. CAGR %	7.9	10.9	-0.68	2.94	4.12
Net Property, Plant and Equip., 5 Yr. CAGR %	35.6	33.96	31.56	32.52	8.59
Total Assets, 5 Yr. CAGR %	15.18	18.05	11.08	12.28	9.86
Tangible Book Value, 5 Yr. CAGR %	14.8	16.82	16.37	17.09	19.78
Common Equity, 5 Yr. CAGR %	14.21	16.37	16.11	16.53	18.9
Cash From Operations, 5 Yr. CAGR %	34.14	15.22	21.3	16.74	17
Capital Expenditures, 5 Yr. CAGR %	10.59	8.82	14.08	12.75	23.86
Levered Free Cash Flow, 5 Yr. CAGR %	1.89	28.46	28.38	-41.35	18.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.06	28.3	28.31	-37.13	17.86
Dividend Per Share, 5 Yr. CAGR %	6.52	12.12	14.61	20.11	25.59