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FRCOY Fast Retailing (ADR)

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26.790
+0.260+0.98%

15min DelayTrading Jul 26 14:54 ET

82.17BMarket Cap34.17P/E (TTM)

Fast Retailing (ADR) Stock Forum

Galaxy Paris

Jan 30, 2023 20:34

Columns Uniqlo-earned 20 billion in China in 4 years, with wages up 40%

During a collective pay cut and slowdown by global companies, Uniqlo's parent company, Fast Retailing, announced a massive 40% pay raise for its 8,400 regular employees in Japan ahead of its 2022 earnings report. Forbes Japan Rich List 2022, 73-year-old Masayoshi Yanai tops the list with $23.6 billion in wealth.
Fast Retailing recorded the highest profit level in the past decade in fiscal 2022, with a net profit of 273,335 million ye...