Fast Retailing Co., Ltd. (6288.HK) Bundle
Founded in 1984 and best known for UNIQLO, Fast Retailing Co., Ltd. has grown into a global apparel powerhouse with over 2,495 stores worldwide and a clear corporate north star: the mission to 'create truly great clothing with new and unique value, and to enable people all over the world to experience the joy, happiness and satisfaction of wearing such great clothes,' and the bolder vision to 'Changing clothes. Changing conventional wisdom. Change the world,' both of which drive its strategic choices from product design to global expansion; in fiscal 2024 the group delivered consolidated revenue of ¥3.1038 trillion-with UNIQLO contributing ¥2.6440 trillion-while embedding the Fast Retailing Way's emphasis on customer perspective, innovation and challenge, respect and support for individuals, and unwavering ethical correctness into daily operations as it pursues a long-term sales ambition of ¥10 trillion and continues to reframe what apparel can do for people and society
Fast Retailing Co., Ltd. (6288.HK) - Intro
Fast Retailing Co., Ltd. (6288.HK) is a global apparel leader best known for its flagship brand UNIQLO. Founded in 1984, the Group emphasizes simplicity, quality, longevity and innovation in clothing design and retail operations, and pursues sustainable growth while expanding its global footprint.
- Global footprint: 2,495 UNIQLO stores worldwide (global network across Asia, Europe, the Americas, and Oceania).
- Product philosophy: "Lifewear" - functional, timeless apparel designed for everyday use and broad demographics.
- Strategic focus: vertical integration, supply-chain efficiency, technology-driven product development, and sustainability initiatives.
Mission and Vision
- Mission: 'Create truly great clothing with new and unique value, and to enable people all over the world to experience the joy, happiness and satisfaction of wearing such great clothes.'
- Vision (corporate statement): 'Changing clothes. Changing conventional wisdom. Change the world.' - expressing the ambition to reshape the apparel industry and drive social impact.
The Fast Retailing Way - Core Values and Behavioral Principles
- Customer-centered thinking: Approach every issue from the customer's perspective.
- Innovation & challenge: Continuously seek new technologies, materials, retail formats and business models.
- Respect & support for individuals: Foster personal growth alongside corporate growth; empower employees.
- Ethics & correctness: Commit to transparent governance, compliance and responsible sourcing.
- Sustainability commitment: Reduce environmental footprint across materials, production and logistics.
Key fiscal and strategic metrics (Fiscal Year 2024)
| Metric | Value |
|---|---|
| Consolidated revenue (FY2024) | ¥3.1038 trillion |
| UNIQLO operation revenue (FY2024) | ¥2.6440 trillion |
| UNIQLO global store count | 2,495 stores |
| Long-term annual sales target | ¥10 trillion |
Strategic pillars aligning mission, vision and values
- Product innovation: advanced materials (e.g., Heattech, AIRism) and R&D investment to deliver functional basics at scale.
- Omnichannel acceleration: blend of physical stores and digital platforms to optimize customer experience and inventory turnover.
- Global expansion: selective store openings, market localization, and strengthening of regional supply chains.
- Sustainability & circularity: material traceability, recycling initiatives, and targets to reduce carbon and waste across operations.
- People & culture: leadership development, diversity initiatives and policies to maintain the Fast Retailing Way.
For a deeper dive into the company's financial position and metrics, see: Breaking Down Fast Retailing Co., Ltd. Financial Health: Key Insights for Investors
Fast Retailing Co., Ltd. (6288.HK) - Overview
Mission Statement - Fast Retailing's mission is to 'create truly great clothing with new and unique value, and to enable people all over the world to experience the joy, happiness and satisfaction of wearing such great clothes.' This mission underscores a commitment to high-quality apparel, continual innovation, emotional connection with customers, and positive societal impact, embedded in corporate philosophy and daily operations.
- Focus on 'new and unique value': product innovation (fabric technology, modular design, sustainability-driven materials).
- Customer experience: aim to deliver joy, happiness and satisfaction through fit, quality, affordability and brand accessibility.
- Societal impact: integrating sustainability, ethical sourcing and community initiatives into the business model.
Vision and strategic orientation center on global leadership in apparel through brand portfolio diversification (UNIQLO, GU, Theory, Helmut Lang, J Brand, Comptoir des Cotonniers, Princesse tam.tam), digital transformation, supply-chain efficiency and sustainability targets.
| Metric | Value | Period / Note |
|---|---|---|
| Consolidated Revenue | ¥2,194.3 billion | FY ending Aug 2023 (approx.) |
| Operating Profit | ¥260.1 billion | FY ending Aug 2023 (approx.) |
| Net Income | ¥201.0 billion | FY ending Aug 2023 (approx.) |
| Global Store Count | ~3,800 stores | All brands combined |
| Employees (Group) | ~70,000 | Direct employees worldwide |
| R&D / Sustainability Investment | ¥20-30 billion (annual range) | Fabric innovation, recycling, energy-efficiency projects |
Core values and operating principles manifest as:
- Customer-first product philosophy - rigorous quality and fit standards across price points.
- Continuous innovation - fabric technology (e.g., HEATTECH, AIRism), production/process optimization.
- Speed and scale - integrated supply-chain to accelerate product-to-market timelines.
- Sustainability and responsibility - targets for reduced emissions, recycling initiatives and supplier compliance.
- Global-local balance - standardized brand philosophy with market-specific assortments and store experiences.
Key business implications of the mission and values:
- Product investments prioritize long-term customer satisfaction and brand loyalty over short-term margin maximization.
- Sustainability commitments drive capex and OPEX allocations (material sourcing, recycling, energy improvements).
- Scale enables price competitiveness while funding R&D and global expansion.
For a deeper look at the company's financial health and investor-relevant metrics, see: Breaking Down Fast Retailing Co., Ltd. Financial Health: Key Insights for Investors
Fast Retailing Co., Ltd. (6288.HK) - Mission Statement
Fast Retailing's declared vision - 'Changing clothes. Changing conventional wisdom. Change the world.' - is both a strategic compass and a public commitment to reshape apparel, corporate norms, and societal outcomes. That three-part phrase crystallizes priorities: product-led transformation, disruption of entrenched industry thinking, and purposeful contribution to global well-being.- Changing clothes: design, functionality, and affordability focused on improving everyday life (e.g., LifeWear concept centered on functional basics).
- Changing conventional wisdom: continuous operational and retail innovation - supply-chain optimization, data-driven merchandising, and rapid global rollouts.
- Change the world: social responsibility initiatives (sustainable materials, recycling programs, workplace standards) intended to deliver positive social and environmental impact.
| Metric | FY2022 (approx.) | FY2023 (approx.) |
|---|---|---|
| Consolidated revenue (JPY) | ¥2.1 trillion | ¥2.29 trillion |
| Operating profit (JPY) | ¥260 billion | ¥272 billion |
| Net income (JPY) | ¥165 billion | ¥181 billion |
| Global stores (group-wide) | ~3,600 | ~3,782 |
| Employees (group) | ~64,000 | ~67,000 |
- Product Innovation - sustained R&D spending and collaborations to create fabrics (e.g., HeatTech, AIRism) that scale globally.
- Global Retail Expansion - targeted openings across Asia, Europe, and the Americas, leveraging flagship stores and omnichannel integration.
- Sustainability & Circularity - commitments to increase recycled and sustainably sourced materials, garment-collection programs, and reductions in greenhouse gas intensity.
- Human Capital & Culture - centralizing mission-driven leadership, upskilling employees, and promoting diverse teams to drive unconventional thinking.
Fast Retailing Co., Ltd. (6288.HK) - Vision Statement
Fast Retailing's vision centers on changing clothes, changing conventional wisdom, and changing the world by delivering LifeWear that combines simplicity, quality and longevity. The Fast Retailing Way - a codified set of principles - translates that vision into daily decisions and long-term strategy, ensuring alignment across product design, supply chain, retail operations and stakeholder engagement.- Customer perspective first: anticipate needs, simplify choices, and design for everyday life.
- Innovation & challenge: continuous product, process and retail-model improvements to stay competitive globally.
- Respect & support for individuals: empower employees and partners to grow professionally and contribute ideas.
- Ethical correctness: strict compliance, responsible sourcing, and transparent corporate governance.
| Metric (FY / Latest) | Value | Context / Impact |
|---|---|---|
| Revenue (FY2023/2024) | ≈ JPY 2.7 trillion | Scale enabling global sourcing, R&D, and omnichannel investments |
| Operating Income | ≈ JPY 274 billion | Reflects margin gains from Uniqlo Global and cost efficiencies |
| Net Income | ≈ JPY 180 billion | Capital available for reinvestment and shareholder returns |
| Global Stores | ~3,700 stores | Physical footprint balancing growth with digital strategy |
| Employees | ~56,000 | Human capital driving customer experience and local execution |
| Online Sales Share | ~25-30% | Omnichannel growth area; supports personalization and data insights |
| ESG / Sustainability Targets | Net-zero ambition by 2050; progressive material-reduction goals | Aligns ethical correctness with long-term resilience |
- Decision-making: The Fast Retailing Way embeds customer-first and ethical checks into investment, sourcing and market-entry decisions.
- Performance metrics: KPIs include same-store sales, online conversion, inventory turnover, and employee engagement scores tied to core values.
- Governance: Board oversight and compliance functions enforce correctness and transparency in financial reporting and supply-chain practices.

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