FAST RETAILING CO., LTD.JP:9983Stock Price

Market cap
¥20.95T
P/E ratio
44.9x
Fast Retailing operates global casual clothing brands including Uniqlo and GU, selling affordable everyday apparel through large stores and online channels.

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Business Overview

Fast Retailing is a holding company primarily engaged in the planning, manufacturing, and sales of casual apparel. The company operates globally through its core brands Uniqlo and GU. It appeals to a broad customer base by offering everyday clothing at affordable prices through a combination of directly operated large-format stores and its own online sales channels.

The company's primary customers are general consumers, with sales channels centered on store and online retail. Revenue is driven primarily by Uniqlo operations both domestically and internationally, followed by GU and Global Brands operations, with additional income from other businesses including real estate leasing.

Business segments are divided into Domestic Uniqlo, International Uniqlo, GU, Global Brands, and Other. The company offers everyday apparel for a wide range of age groups under Uniqlo, low-priced casual wear under GU, and higher value-added branded products through its Global Brands business. Each region combines directly operated stores and online sales channels for distribution.

Management Policy

Fast Retailing aims to accelerate global growth centered on its "LifeWear" concept. While the global apparel market, including Europe and North America, reaches approximately 120 trillion yen in size, the company currently holds less than 1% market share in Europe and North America, presenting significant room for expansion. Long-term, the company targets 10 trillion yen in sales revenue, with an intermediate goal of achieving 5 trillion yen in sales revenue by August 2028. Recently, the Uniqlo business achieved double-digit revenue and profit growth across Japan, Korea, Southeast Asia, India, Australia, North America, and Europe in the August 2025 fiscal year, demonstrating strengthened global profitability.

The company is concentrating resources on key investment areas: talent acquisition and development, product development, omnichannel retail (stores and online), and supply chain strengthening. Management talent acquisition and development are positioned as the top priority, with the company building a lean, high-performing organization through strategic promotion and training. At GU, the company is differentiating through narrowing product lines and enhancing the quality of individual items. Additionally, the company aims to improve productivity and added value by incorporating customer data from app members into product development, optimizing product assortment by store, and correcting stockouts and excess inventory.

For new market development and business expansion, the company is pursuing high growth by expanding existing stores and e-commerce in North America and Europe, while continuing to open flagship and large-format stores. In Southeast Asia, India, and Australia, the company is strengthening store operations, product mix, and talent development to build future growth foundations. In Greater China, the company plans to return to a growth trajectory through store portfolio optimization and brand strengthening. Domestically, the company aims to maintain stable growth by enhancing large-format and media-focused stores and strengthening individual store operations.

The company is also actively pursuing technological innovation. It is enhancing customer purchase experience and convenience through improved e-commerce usability and supply chain optimization, while embedding sustainability into operations by setting targets for August 2028 including greenhouse gas reduction, traceability establishment, and recycling and reuse initiatives. The company is advancing IT investment and warehouse and logistics efficiency improvements, and is simultaneously implementing cost structure reforms suited to an inflationary era by improving inventory turnover through data-driven demand forecasting.