Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Uniqlo Breaks Through ¥1 Trillion Milestone at Home but Group ¥10 Trillion Target Remains Elusive

Asian Equities: Secular DPS Growth Matters, Not Just Dividend Yield. Presenting Our "Asia 50".

Fast Retailing(9983) | Q3 Miss But FY Guide Intact - Execution Solid, China Still Weak

Fast Retailing (9983 JP) Tactical Outlook: Waiting for A Rally

Fast Retailing (9983 JP) FY 2025 Results: Markets Expect a 4.7% Price Swing

Earnings Kickoff Dominates October 2025 Key Events

Equity Bottom-Up

<ul>
<li>
Guidance slightly ahead: FY8/26 outlook modestly above consensus at both revenue and operating profit, signalling continued steady growth.</li>
<li>
Global strength offsets China: Expanding international markets and yen tailwinds continue to drive profitability, plus an end to lingering China weakness?</li>
<li>
Valuation supportive: Trading below historical averages on EBIT and P/E, offering global exposure at a reasonable multiple.</li>
</ul>



Guidance slightly ahead: FY8/26 outlook modestly above consensus at both revenue and operating profit, signalling continued steady growth.

Global strength offsets China: Expanding international markets and yen tailwinds continue to drive profitability, plus an end to lingering China weakness?

Valuation supportive: Trading below historical averages on EBIT and P/E, offering global exposure at a reasonable multiple.


Fast Retailing (9983) | Global Gains Keep It in Fashion