Fast Retailing shares soar to record high after the Uniqlo owner lifts profit forecast
By Lee Ying Shan
Published on April 10, 2026.
Shares of Fast Retailing have surged by over 9% after the Japanese parent company increased its annual outlook and reported strong international growth. The company raised its full-year outlook for operating profit to 700 billion yen ($4.4 billion) from 650 billion yen. The results were attributed to strong global demand for Uniqlo, driven by strong sales across various regions. The CEO, Tadashi Yanai, indicated that significant growth is ahead for the company.
Related Articles
Shipping in Strait of Hormuz still at a trickle despite US-Iran ceasefire
Despite a ceasefire, shipping in the Strait of Hormuz remains severely limited, with Iran and the US accused of violating their commitments.
Indian shares set to open higher after upbeat TCS earnings
Indian shares are set to rise after Tata Consultancy Services reported better-than-expected quarterly earnings, despite ongoing macro uncertainty and a potential U.S/Iran ceasefire.
AAPL: Apple defined, key history, primary product lineup
Apple, founded by Steve Jobs and Steve Wozniak, is a successful smartphone company and has a distinct product line based on its design.