Fast Retailing announced that it will raise prices on Uniqlo products in November. Koei Tecmo Holdings substantially raised its first-half earnings forecast, while the Nikkei ended with a sharp loss for a second consecutive session.
The Nikkei Stock Average extended its sharp decline, with selling prevailing across the Tokyo market despite gains in U.S. equities on the 19th. Although the SOX Index rose at times for the first time in 9 sessions, the Nikkei's decline widened toward the end of the session.
Fast Retailing announced price increases for some Uniqlo products and services in Japan and will revise the prices of several products in November. The Kando Jacket, one representative product, will rise from ¥6,990 including tax to ¥7,990, while the Kando Pants will increase from ¥3,990 to ¥4,990. Overall, prices for fall/winter 2026 products are expected to increase by approximately 4% on average.
Koei Tecmo Holdings revised upward its first-half earnings forecast for the fiscal year ending March 2027. Operating profit was raised from ¥7.0 billion to ¥11.5 billion, and ordinary profit from ¥12.0 billion to ¥25.0 billion. Strong sales of major and previously released titles, along with favorable opportunities to manage financial assets, were cited as factors.