Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Fast Retailing Co., Ltd.
  6. News
  7. Summary
    9983   JP3802300008

FAST RETAILING CO., LTD.

(9983)
  Report
Delayed Quote. Delayed Japan Exchange - 01/18 11:13:16 pm
66590 JPY   -0.08%
05:00aNikkei 225 Down 0.3% on Wall Street Cues, Omicron Outlook
MT
01:30aJapanese shares give up gains on rising U.S. bond yields
RE
12:12aJapan shares reverse early gains on rising U.S. bond yields
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nikkei rises on Wall Street gains, earnings optimism

10/26/2021 | 03:22am EST

TOKYO, Oct 26 (Reuters) - Japan's Nikkei share average rallied strongly on Tuesday, fuelled by earnings optimism and following overnight Wall Street gains that took the Dow and S&P 500 to record highs.

The Nikkei closed 1.8% higher at 29,106.01, after surging at the open and holding those gains through the afternoon.

Heavy-weights including Uniqlo-owner Fast Retailing and SoftBank Group jumped 5% and 2.2%, respectively.

The broader Topix advanced 1.2% to 2,018.40, with 31 of its 33 sectors posting gains, led by a 3% rally in shippers .

At the other end, banks slipped 0.3% and airlines were little changed.

"There was no particular catalyst beyond the U.S. stock highs," said a market participant at a domestic securities firm.

U.S. e-mini futures pointed to a 0.3% rise at the re-open for the S&P 500, and an index of Asia-Pacific stocks outside Japan also edged higher, further supporting sentiment.

A large proportion of S&P 500 companies are due to report results this week, including technology heavyweights Apple, Amazon, Microsoft, and Google-operator Alphabet, which have been the drivers of the Wall Street rally this year.

Sony Group rose 2.6% to its highest since 2000 ahead of earnings results on Thursday.

"Before earnings season gets into full swing, the market is focused on the psychologically important 29,000 level (for the Nikkei), and investors may want to take a wait-and-see attitude there," said another market participant at a domestic securities firm.

Other noteable gainers were Panasonic, rallying 5.6% after unveiling a prototype battery to help key customer Tesla lower costs.

Telecom company NTT gained 5.4% amid investor optimism over a revised medium-term business strategy revealed Monday.

Toyota Group supplier Denso rose 2.9% following a target price upgrade at Nomura Securities. Toyota Motor added 1.7%.

(Reporting by Tokyo markets team; editing by Uttaresh.V and Rashmi Aich)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
DENSO CORPORATION -4.92% 9265 Delayed Quote.2.32%
FAST RETAILING CO., LTD. -0.05% 66590 Delayed Quote.-0.32%
NIPPON TELEGRAPH AND TELEPHONE CORPORATION -0.03% 3240 Delayed Quote.4.22%
PANASONIC CORPORATION -1.90% 1293 Delayed Quote.4.98%
SOFTBANK GROUP CORP. -1.09% 5448 Delayed Quote.1.77%
SONY GROUP CORPORATION -10.12% 12795 Delayed Quote.-1.97%
TOPIX INDEX -0.42% 1978.38 Real-time Quote.-0.28%
TOYOTA MOTOR CORPORATION -4.46% 2315 Delayed Quote.15.08%
All news about FAST RETAILING CO., LTD.
05:00aNikkei 225 Down 0.3% on Wall Street Cues, Omicron Outlook
MT
01:30aJapanese shares give up gains on rising U.S. bond yields
RE
12:12aJapan shares reverse early gains on rising U.S. bond yields
RE
01/17UPDATE1 : Tokyo stocks rise in morning on Europe markets, BOJ policy in focus
AQ
01/17Japanese shares track European peers higher, heavyweights advance
RE
01/17TAKE FIVE : U.S. bank earnings, BoJ and (another) virtual Davos
RE
01/17Japan's Nikkei rebounds from six-week low as chipmakers, Uniqlo operator rally
RE
01/16Japan's Nikkei rebounds from six-week low as energy stocks, chipmakers rally
RE
01/14Five things we learnt from UK retailers' Christmas updates
RE
01/14Nikkei 225 Down 1.3% on Omicron Outlook, Wall Street Cues, Stronger Yen
MT
More news
Analyst Recommendations on FAST RETAILING CO., LTD.
More recommendations
Financials
Sales 2022 2 260 B 19 725 M 19 725 M
Net income 2022 190 B 1 661 M 1 661 M
Net cash 2022 612 B 5 346 M 5 346 M
P/E ratio 2022 35,9x
Yield 2022 0,79%
Capitalization 6 808 B 59 416 M 59 427 M
EV / Sales 2022 2,74x
EV / Sales 2023 2,44x
Nbr of Employees 55 589
Free-Float -
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
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 66 640,00 JPY
Average target price 78 836,46 JPY
Spread / Average Target 18,3%
EPS Revisions
Managers and Directors
Tadashi Yanai Director
Takeshi Okazaki CFO, Director & Group Senior Executive Officer
Masaaki Shintaku Independent Outside Director
Toru Hambayashi Independent Outside Director
Nobumichi Hattori Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
FAST RETAILING CO., LTD.-0.32%58 041
INDITEX-2.38%99 176
KERING-5.55%96 175
ROSS STORES, INC.-13.19%36 135
HENNES & MAURITZ AB-1.18%32 096
ZALANDO SE-6.92%18 922