Fast Retailing Co., Ltd.

TSE-9983

Basic

Market Cap
¥12.31T
EV
¥11.46T
Shares Out
306.72M
Revenue
¥2,989.55B
Employees
59,871

Margins

Gross
53.85%
EBITDA
16.74%
Operating
15.04%
Pre-Tax
18.61%
Net
12.39%
FCF
18.02%

Returns (5Yr Avg)

ROA
7.7%
ROTA
16.51%
ROE
15.62%
ROCE
14.23%
ROIC
15.84%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
¥45,556.87
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
¥1,648.3B
Net Debt
-¥909.35B
Debt/Equity
0.34
EBIT/Interest
44.22

Growth (CAGR)

Rev 3Yr
11.41%
Rev 5Yr
5.86%
Rev 10Yr
8.31%
Dil EPS 3Yr
34.81%
Dil EPS 5Yr
17.49%
Dil EPS 10Yr
13.56%
Rev Fwd 2Yr
9.56%
EBITDA Fwd 2Yr
12.1%
EPS Fwd 2Yr
10.13%
EPS LT Growth Est
10.92%

Dividends

Yield
—
Payout
28.14%
DPS
¥340
DPS Growth 3Yr
28.56%
DPS Growth 5Yr
16.27%
DPS Growth 10Yr
13.02%
DPS Growth Fwd 2Yr
12.41%

Metric	Aug '14	Aug '15	Aug '16	Aug '17	Aug '18	Aug '19	Aug '20	Aug '21	Aug '22	Aug '23	LTM
Total Revenues						2,290,548	2,008,846	2,132,992	2,301,122	2,766,557	2,989,554
Total Revenues % Chg.						7.5%	-12.3%	6.2%	7.9%	20.2%	11.6%
Cost of Goods Sold, Total						1,170,987	1,033,000	1,059,036	1,094,263	1,330,196	1,379,813
Gross Profit						1,119,561	975,846	1,073,956	1,206,859	1,436,361	1,609,741
Selling General & Admin Expenses, Total						854,394	805,821	818,427	900,154	1,054,368	1,160,060
Other Operating Expenses						-2,021	-1,625	804	-9,119	-2,304	97
Other Operating Expenses, Total						852,373	804,196	819,231	891,035	1,052,064	1,160,157
Operating Income						267,188	171,650	254,725	315,824	384,297	449,584
Interest Expense, Total						-4,369	-7,706	-6,990	-7,560	-9,791	-10,167
Interest And Investment Income						12,202	9,673	4,589	9,469	41,321	61,432
Net Interest Expenses						7,833	1,967	-2,401	1,909	31,530	51,265
Income (Loss) On Equity Invest.	—	—				562	321	561	1,059	1,139	1,452
Currency Exchange Gains (Loss)						-19,127	3,079	22,134	119,051	25,915	58,831
Other Non Operating Income (Expenses)						83	49	37	27	-90	-94
EBT, Excl. Unusual Items						256,539	177,066	275,056	437,870	442,791	561,038
Impairment of Goodwill						—	—	—	—	—	—
Gain (Loss) On Sale Of Assets						-650	-1,125	7,723	-1,136	-917	-1,414
Asset Writedown						-3,444	-23,059	-16,902	-23,148	-3,958	-3,144
Other Unusual Items	—	—	—	—	—	—	-15	-6	-2	—	—
EBT, Incl. Unusual Items						252,445	152,867	265,871	413,584	437,916	556,480
Income Tax Expense						74,400	62,470	90,188	128,834	122,746	164,279
Earnings From Continuing Operations						178,045	90,397	175,683	284,750	315,170	392,201
Minority Interest						-15,467	-40	-5,836	-11,415	-18,941	-21,653
Net Income						162,578	90,357	169,847	273,335	296,229	370,548
Net Income to Common Incl Extra Items						162,578	90,357	169,847	273,335	296,229	370,548
Net Income to Common Excl. Extra Items						162,578	90,357	169,847	273,335	296,229	370,548
Total Shares Outstanding						306.2	306.3	306.4	306.6	306.7	306.7
Weighted Avg. Shares Outstanding						306.1	306.2	306.4	306.5	306.6	306.7
Weighted Avg. Shares Outstanding Dil						306.6	306.8	306.9	307	307.1	307.2
EPS						531.1	295	554.4	891.8	966.1	1,208.2
EPS Diluted						530.2	294.5	553.5	890.4	964.5	1,206.1
EBITDA						306,181	202,065	284,837	350,427	422,817	500,425
Effective Tax Rate						29.5%	40.9%	33.9%	31.2%	28%	29.5%