Fast Retailing shares fell despite strong results. The 9 October closing price was ¥71,780, down 4.04% from the previous day, with the results and the market's assessment of the next-period outlook cited as factors.
Fast Retailing shares closed at ¥71,780 on 9 October, down 4.04% from the previous day. Trading volume increased substantially from the previous day.
For the fiscal year ending August 2026, revenue was ¥3.9633 trillion, up 16.6% year on year, business profit was ¥718.4 billion, operating profit was ¥743.1 billion, and net income was ¥542.5 billion, all record highs. Growth in North America and Europe supported earnings.
For the fiscal year ending August 2027, revenue is forecast at ¥4.4500 trillion and net income at ¥560.0 billion, with net income growth expected to be limited to 3.2%. Some observers say the outlook is below market expectations.
Factors behind the share-price decline include high market expectations, slowing net income growth and the performance of the Nikkei 225. Going forward, monthly sales trends, progress against earnings forecasts and the growth potential of the overseas business will be key focuses.