Fast Retailing Co Ltd : FAST RETAILING announces revision to dividend estimate for year to August 31, 2013
October 10, 2013 at 08:32 am
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Last Updated: 2013.10.10
FAST RETAILING announces revision to dividend estimate for year to August 31, 2013
At the executive board meeting, held October 10, 2013, FAST RETAILING CO., LTD. determined to revise its dividend per share estimate for the full year ending August 31, 2013. The decision is detailed below.
1. Reasons for the dividend forecast revision
Based on the consolidated actual result for the full year to August 31, 2013 and a long-standing policy that dividend payments should reflect business performance, FAST RETAILING has revised its business year-end dividend per share estimates from 140.00 yen to 150.00 yen. Consequently, the estimate for the annual dividend per share has been revised from 280.00 yen to 290.00 yen.
Fast Retailing Co., Ltd. specializes in the distribution of clothes for men, women and children.
At the end of August 2023, the marketing of the products is ensured through a network of 3,578 stores broken down by name mainly between Uniqlo (2,434), G.U. (463), Theory (436), Comptoir des Cotonniers (108), Princesse Tam.Tam (85) and PLST (52).
Net sales are distributed geographically as follows: Japan (43.7%), China (18.2%), and other (38.1%).