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<Research>BofAS Keeps Fast Retailing (9983.JP) Among Top 10 Asia-Pacific Picks, Lifts TP to JPY77K
According to a report from BofA Securities, FAST RETAIL-DRS (06288.HK) recorded a 28.3% YoY increase in operating profit to JPY386.9 billion for 1HFY26 ended February 2026, exceedi...
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<Research>BofAS Keeps Fast Retailing (9983.JP) Among Top 10 Asia-Pacific Picks, Lifts TP to JPY77K
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According to a report from BofA Securities, FAST RETAIL-DRS (06288.HK)  +3.980 (+12.134%)   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 FAST RETAILING (06288.HK) 1H FY2026 NP Up 19.6%, Raises Full-Year Forecast
In 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.
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