Fast Retailing Co., Ltd. (FRCOY)
| Previous Close | 54.30 |
| Open | 57.76 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 55.79 - 57.76 |
| 52 Week Range | 50.64 - 103.87 |
| Volume | |
| Avg. Volume | 30,363 |
| Market Cap | 57.92B |
| Beta (5Y Monthly) | 0.90 |
| PE Ratio (TTM) | 39.05 |
| EPS (TTM) | 1.44 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.43 (0.76%) |
| Ex-Dividend Date | Aug. 27, 2021 |
| 1y Target Est | N/A |
- Reuters
Nikkei nears 4-week low on tepid Wall Street, Omicron impact
Japan's Nikkei index touched a near four-week low on Friday, tracking weak overnight performance on Wall Street, with technology heavyweights leading the losses, while concerns over the impact of the Omicron variant also curbed risk appetite. All major indexes on Wall Street closed lower, with the tech-heavy Nasdaq leading losses after a three-day rally, amid talks signalling that the U.S. Federal Reserve would raise rates as early as in March. Tokyo recorded a new four-month high in COVID-19 infections on Thursday, and experts forecast the spread of the Omicron will cause the daily count to triple by month's end.
- Reuters
UPDATE 3-Uniqlo owner to hike prices in sign of shift for Japan
Clothing retailer Uniqlo will have to raise prices of some products due to higher costs for raw materials and shipping, its owner said on Thursday, becoming a high-profile example of Japanese firms throwing off a decades-old deflationary trend. The comments from Fast Retailing, which reported a near 6% rise in quarterly operating profit thanks to a strong showing in overseas markets outside of China, come as more Japanese firms https://www.reuters.com/world/asia-pacific/costs-soar-some-japanese-companies-do-unthinkable-raise-prices-2022-01-11 say they can no longer offset soaring costs with belt-tightening. Years of stagnant prices and wages have made Japan Inc nervous about charging more for fear of alienating shoppers and losing market share.
- Reuters
Uniqlo owner to hike prices in sign of shift for Japan
Clothing retailer Uniqlo will have to raise prices of some products due to higher costs for raw materials and shipping, its owner said on Thursday, becoming a high-profile example of Japanese firms throwing off a decades-old deflationary trend. The comments from Fast Retailing, which reported a near 6% rise in quarterly operating profit thanks to a strong showing in overseas markets outside of China, come as more Japanese firms say they can no longer offset soaring costs with belt-tightening. Years of stagnant prices and wages have made Japan Inc nervous about charging more for fear of alienating shoppers and losing market share.
