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Analyst Coverage

Last Updated: 2026.05.07
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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 current reports as of April 30, 2026. It doesn't reflect any report published on or after May 1, 2026, 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 July 2026.

Company Analyst(s) Report Release Recommen-
dation
Target Share Price
BofA Securities Japan Co., Ltd. Mr. Arashi Nishizawa N/A N/A N/A
CLSA Securities Japan Co., Ltd. Mr. Oliver Matthew Apr. 14, 2026 Outperform ¥75,800
Daiwa Securities Co.Ltd. Mr. Jun Kawahara Apr. 10, 2026 N/A N/A
Goldman Sachs Japan Co., Ltd. Mr. Sho Kawano Apr. 28, 2026 N/A N/A
Jefferies (Japan) Limited Mr. Shunsuke Kuriyama Apr. 9, 2026 N/A N/A
JPMorgan Securities Japan Co., Ltd. Mr. Dairo Murata Apr. 24, 2026 N/A N/A
Macquarie Capital Securities (Japan) Limited Ms. Maki Shinozaki Apr. 9, 2026 N/A N/A
Mizuho Securities Co., Ltd. Mr. Toshio Takahashi N/A N/A N/A
Morgan Stanley MUFG Securities Co., Ltd. Mr. Hiroshi Koba N/A N/A N/A
Nomura Securities Co., Ltd. Mr. Hisahiro Yamaoka Apr. 30, 2026 N/A N/A
Phillip Securities Japan, Ltd. Mr. Shun Tanaka Apr. 9, 2026 Neutral ¥60,000
QUICK Corp. Corporate Valuation Research Center Ms. Wako Nagata Apr. 24, 2026 N/A N/A
SMBC NIKKO SECURITIES INC. Ms. Kuni Kanamori Apr. 9, 2026 N/A N/A
UBS Securities Japan Ltd Mr.Takahiro Kazahaya Apr. 9, 2026 Neutral ¥75,800
Notes:

1. This list is presented in alphabetical order based on the English names of the securities companies.

2. 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.

3. 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.

4. 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.

5. 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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