According to a report from BofA Securities, FAST RETAIL-DRS (06288.HK) 0.000 (0.000%) recorded a 28.3% YoY increase in operating profit to JPY386.9 billion for 1HFY26 ended February 2026, exceeding the broker's expectations. Uniqlo Japan and the Greater China operations were the main growth drivers.FAST RETAIL-DRS management again raised the full-year operating profit guidance for the fiscal year ending August after doing so in 1FQ. The full-year operating profit is now guided at JPY690 billion from the previous JPY650 billion, implying a 25.2% YoY increase.Related News G Sachs Raises Fast Retailing TP to JPY72000; International Business "Boom" Continues to Beat ExpectationsIn light of the fledgling growth story, changing market conditions, and stronger confidence in the company's medium- to long-term development prospects, BofA Securities has reiterated a Buy rating on Fast Retailing (9983.JP), raised its target price from JPY73,500 to JPY77,000, and kept the company among its top 10 investment picks in the Asia-Pacific region.(HK stocks quote is delayed for at least 15 mins.)
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