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    9983   JP3802300008

FAST RETAILING CO., LTD.

(9983)
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Fast Retailing : OVERSEAS REGULATORY ANNOUNCEMENT - Notice of FAST RETAILING CO., LTD. (the "Company") regarding the Company's Board Resolution on Selection for TSE's New "Prime Market" Segment

09/16/2021 | 02:12am EDT

Last Updated: 2021.09.16

FAST RETAILING CO., LTD.
(157KB)

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

FAST RETAILING CO., LTD.
迅銷有限公司
(Incorporated in Japan with limited liability)
(Stock code: 6288)

OVERSEAS REGULATORY ANNOUNCEMENT

This overseas regulatory announcement is made by Fast Retailing Co., Ltd. (the 'Company') pursuant to Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Please refer to the attached notice regarding 'Board Resolution on Selection for TSE's New 'Prime Market' Segment' of the Company issued on the website of the Tokyo Stock Exchange today.

By order of the Board
Fast Retailing Co., Ltd.
Shea Yee Man
Company Secretary

Japan, 16 September, 2021

As at the date of this announcement, our executive director is Tadashi Yanai, our non-executive directors are Takeshi Okazaki, Kazumi Yanai and Koji Yanai and our independent non-executive directors are Toru Hambayashi, Nobumichi Hattori, Masaaki Shintaku, Takashi Nawa and Naotake Ono.

Notice of FAST RETAILING CO., LTD. (the 'Company')
regarding the Company's Board Resolution on Selection for TSE's
New 'Prime Market' Segment

On July 9, 2021, the Company received an initial assessment result from the Tokyo Stock Exchange (TSE) regarding the listing criteria for the bourse's new market segments, which confirmed that the Company fulfilled the requirements for listing on the bourse's main Prime Market board.

Based on these results, the Company's board of directors resolved at its meeting held on September 16, 2021 to select to list on the Prime Market as the TSE transitions to three new market segments with tighter listing criteria, and to submit the relevant applications.

Going forward, the Company will adhere to the prescribed procedures stipulated in the TSE application schedule.

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Disclaimer

Fast Retailing Co. Ltd. published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 06:11:02 UTC.


© Publicnow 2021
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Financials
Sales 2021 2 182 B 19 095 M 19 095 M
Net income 2021 165 B 1 444 M 1 444 M
Net cash 2021 546 B 4 776 M 4 776 M
P/E ratio 2021 45,6x
Yield 2021 0,67%
Capitalization 7 506 B 65 695 M 65 689 M
EV / Sales 2021 3,19x
EV / Sales 2022 3,00x
Nbr of Employees 57 727
Free-Float 51,4%
Chart FAST RETAILING CO., LTD.
Duration : Period :
Fast Retailing Co., Ltd. Technical Analysis Chart | 9983 | JP3802300008 | MarketScreener
Technical analysis trends FAST RETAILING CO., LTD.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Last Close Price 73 480,00 JPY
Average target price 83 033,86 JPY
Spread / Average Target 13,0%
EPS Revisions
Managers and Directors
Tadashi Yanai Chairman, President & Group CEO
Takeshi Okazaki CFO, Director & Group Senior Executive Officer
Masaaki Shintaku Independent Outside Director
Toru Hambayashi Independent Outside Director
Nobumichi Hattori Independent Outside Director
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