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CSR Action

Last Updated: 2010.07.13

FAST RETAILING CO., LTD. to Establish a Subsidiary to Pursue Social Business Opportunities in the People's Republic of Bangladesh

FAST RETAILING CO., LTD.
to Japanese

FAST RETAILING CO., LTD. will establish a new wholly-owned subsidiary in September 2010 in order to launch a social business in the People's Republic of Bangladesh. Details regarding the new company are outlined below.

1. Objective of the subsidiary

To help solve social problems, including those related to poverty, sanitation and education issues, in Bangladesh through the planning, production and sale of clothing.

2. Overview of the subsidiary

Business name :  UNIQLO Social Business Bangladesh, Ltd.
Location :  Dhaka, the People's Republic of Bangladesh
Board members :  Yukihiro Nitta, Managing Director
(FAST RETAILING CO., LTD. CSR Director)
Yuji Kaneko, Chairman
(UNIQLO CO., LTD. Bangladesh Office General Manager)
Tadashi Yanai, Director
(FAST RETAILING CO., LTD. President, CEO, and Chairman of the Board)
Primary business :  Clothing production management and retail in Bangladesh
Paid-in capital :  600,000 USD (approximately 54 million JPY)
Investment partners and contributions :  FAST RETAILING CO., LTD 100%

 

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