Fast Retailing Co. Ltd. (FRCOY)
OTC PINK OTC PINK Primary 
XFRA 
Uniqlo: A Force Of Fabric In The Fast Fashion Sector
Japan's Fast Retailing Co., the parent company of Uniqlo, celebrates another record-breaking year, reporting a 25% rise in net profit to $2.5 billion. The message is clear: Uniqlo's approach to fashion is resonating with consumers. Whilst many will associate the fast fashion sector with disposable clothing and high turnover trends, Uniqlo is moving further to an outlier position - a strategy that is paying well.
Uniqlo's Japanese owner has another record year
Uniqlo owner Fast Retailing posted record earnings for a third year running as its international operations saw margins soar. Operating profit rose 31% to Yen 500.9 billion (US$3.35 billion) in the year to end of August, from Y381.1 billion a year earlier.
Uniqlo owner seen posting 24% annual profit surge on brand's overseas push
The Japanese owner of casual wear giant Uniqlo is projected to beat its own forecast in what would be a third straight year of record profits as its brand makes inroads in western markets and its business in China recovers.
3 Deeply Undervalued Japanese Stocks to Buy Now: May 2024
The Japanese stock market is worth watching for U.S. investors who seek well-run businesses, established brands and very reasonable valuations. Indeed, after the year-to-date run in American stocks, especially those in the tech sector, it makes sense to have a gander at what's on display in the Japanese stock market, as it looks to add to a recent breakout that's been decades in the making.
