Last Updated: 2008.07.09
Transfer of ASPESI JAPAN stock
FAST RETAILING CO., LTD.
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to Japanese page
FAST RETAILING CO., LTD. has transferred its entire stock holding in FR consolidated subsidiary ASPESI JAPAN CO., LTD. to Alberto Aspesi & C S.p.A.
1. Details of stock sale
(1) Stock for delivery
FR holding of ASPESI JAPAN stock (approximately 60% of ASPESI JAPAN total outstanding shares)
(2) Stock recipient
Company Name ： Alberto Aspesi & C S.p.A.
Representative ： Alberto Aspesi
HQ Location ： Legnano, Italy
Business Type ： Design, manufacture and sale of Aspesi brand clothing
2. Impact on FR consolidated results
We envisage any impact on FR results for the year ending August 2008 will be minimal. As a result of this decision however, ASPESI JAPAN will no longer be treated as an FR consolidated subsidiary.
