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Analyst Coverage

Last Updated: 2018.02.07
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The table below shows the investment recommendations assigned to FAST RETAILING CO., LTD. by analysts at a variety of major securities companies. This table is intended to introduce the analysts who issue reports about the FR Group. None of the estimates or information on this page is intended as an offer or encouragement to buy, hold or sell securities of FAST RETAILING CO., LTD.

The table is based on reports as of January 31, 2018. It doesn't reflect any report published on or after February 1, 2018, which might have any subsequent changes either in investment ratings or in the analysts covering our company. This table is to be updated, based on the available reports at the end of April 2018.

Company Analyst(s) Report Release
(Order of Issuance)
Target Share Price
Daiwa Securities Co.Ltd. Mr. Jun Kawahara January 26, 2018 N/A N/A
Morgan Stanley MUFG Securities Co., Ltd. Ms.Maki Shinozaki N/A N/A N/A
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. Mr. Hiroshi Koba January 18, 2018 Neutral ¥47,000
Goldman Sachs Japan Co., Ltd. Mr. Sho Kawano January 12, 2018 N/A N/A
Deutsche Securities Inc. Mr. Takahiro Kazahaya January 12, 2018 Buy ¥53,900
Haitong International Japaninvest KK. Mr. James Moon January 12, 2018 N/A N/A
Mizuho Securities Co., Ltd. Mr. Toshio Takahashi N/A N/A N/A
NOMURA SECURITES CO., Ltd. Mr. Hidehiko Aoki January 11, 2018 Buy ¥56,500
UBS Securities Japan Ltd Ms. Nozomi Moriya January 11, 2018 Buy ¥53,000
SMBC NIKKO SECURITIES INC. Ms. Kuni Kanamori January 11, 2018 N/A N/A
JPMorgan Securities Japan Co., Ltd. Mr. Dairo Murata January 11, 2018 N/A N/A

1. The securities companies shown in above table issue reports regularly. We would like to reiterate that the information in the above table might not entirely reflect the updated information of the analysts covering the FR Group and some analysts might not be listed.

2. Given that the investment rating and target share price differ among securities companies, please apply directly to each firm regarding their individual definitions and analysis criteria.

3. Please note that any opinions, estimates or forecasts regarding the performance of FAST RETAILING issued by these analysts are entirely their own and do not represent opinions, forecasts or predictions of FAST RETAILING or its management.

4. N/A - Coverage but have declined to supply the specific information
N/A appears in the table where securities companies concerned have declined to supply the specific information.

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