Fast Retailing Co. Ltd
Fast Retailing Co., Ltd. operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies. The company operates stores and franchises under the UNIQLO, GU, PLST, Theory, COMPTOIR DES COTONNIERS, J Brand, and PRINCESSE … Read more
Fast Retailing Co. Ltd (FRCOF) - Net Assets
Latest net assets as of November 2025: $2.56 Trillion USD
Based on the latest financial reports, Fast Retailing Co. Ltd (FRCOF) has net assets worth $2.56 Trillion USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.28 Trillion) and total liabilities ($1.71 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.56 Trillion |
| % of Total Assets | 59.93% |
| Annual Growth Rate | 15.29% |
| 5-Year Change | 100.25% |
| 10-Year Change | 289.44% |
| Growth Volatility | 18.67 |
Fast Retailing Co. Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Fast Retailing Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fast Retailing Co. Ltd (2000–2025)
The table below shows the annual net assets of Fast Retailing Co. Ltd from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | $2.33 Trillion | +12.53% |
| 2024-08-31 | $2.07 Trillion | +10.40% |
| 2023-08-31 | $1.87 Trillion | +15.97% |
| 2022-08-31 | $1.62 Trillion | +38.98% |
| 2021-08-31 | $1.16 Trillion | +16.69% |
| 2020-08-31 | $996.08 Billion | +1.28% |
| 2019-08-31 | $983.53 Billion | +8.95% |
| 2018-08-31 | $902.78 Billion | +18.47% |
| 2017-08-31 | $762.04 Billion | +27.50% |
| 2016-08-31 | $597.66 Billion | -22.86% |
| 2015-08-31 | $774.80 Billion | +21.82% |
| 2014-08-31 | $636.04 Billion | +9.74% |
| 2013-08-31 | $579.59 Billion | +46.77% |
| 2012-08-31 | $394.89 Billion | +23.44% |
| 2011-08-31 | $319.91 Billion | +11.09% |
| 2010-08-31 | $287.99 Billion | +10.17% |
| 2009-08-31 | $261.41 Billion | -0.99% |
| 2008-08-31 | $264.01 Billion | +8.52% |
| 2007-08-31 | $243.28 Billion | +1.17% |
| 2006-08-31 | $240.48 Billion | +28.26% |
| 2005-08-31 | $187.50 Billion | +16.14% |
| 2004-08-31 | $161.43 Billion | +14.90% |
| 2003-08-31 | $140.50 Billion | +13.65% |
| 2002-08-31 | $123.63 Billion | +2.92% |
| 2001-08-31 | $120.12 Billion | +80.88% |
| 2000-08-31 | $66.41 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fast Retailing Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3914.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.06 Trillion | 90.47% |
| Common Stock | $10.27 Billion | 0.45% |
| Other Comprehensive Income | $189.94 Billion | 8.36% |
| Other Components | $16.47 Billion | 0.72% |
| Total Equity | $2.27 Trillion | 100.00% |
Fast Retailing Co. Ltd Competitors by Market Cap
The table below lists competitors of Fast Retailing Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dominion Energy Inc
NYSE:D
|
$55.28 Billion |
|
Digital Realty Trust Inc
NYSE:DLR
|
$55.29 Billion |
|
Prosus
PINK:PROSF
|
$55.30 Billion |
|
Lloyds Banking Group plc
PINK:LLDTF
|
$55.77 Billion |
|
América Móvil, S.A.B. de C.V.
F:MV90
|
$54.84 Billion |
|
WELLS FARGO+CO.PRF.SER.AA
F:NWT0
|
$54.74 Billion |
|
Vinci S.A.
PA:DG
|
$54.72 Billion |
|
Enterprise Products Partners LP
NYSE:EPD
|
$54.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fast Retailing Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,016,535,000,000 to 2,273,115,000,000, a change of 256,580,000,000 (12.7%).
- Net income of 433,009,000,000 contributed positively to equity growth.
- Dividend payments of 142,630,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 35,169,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $433.01 Billion | +19.05% |
| Dividends Paid | $142.63 Billion | -6.27% |
| Other Comprehensive Income | $-35.17 Billion | -1.55% |
| Other Changes | $1.37 Billion | +0.06% |
| Total Change | $- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares Fast Retailing Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.46x to 0.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-08-31 | $208.69 | $304.00 | x |
| 2001-08-31 | $377.48 | $304.00 | x |
| 2002-08-31 | $388.51 | $304.00 | x |
| 2003-08-31 | $441.53 | $304.00 | x |
| 2004-08-31 | $507.30 | $304.00 | x |
| 2005-08-31 | $573.03 | $304.00 | x |
| 2006-08-31 | $747.38 | $304.00 | x |
| 2007-08-31 | $785.93 | $304.00 | x |
| 2008-08-31 | $857.36 | $304.00 | x |
| 2009-08-31 | $849.79 | $304.00 | x |
| 2010-08-31 | $934.78 | $304.00 | x |
| 2011-08-31 | $1031.70 | $304.00 | x |
| 2012-08-31 | $1267.37 | $304.00 | x |
| 2013-08-31 | $1832.46 | $304.00 | x |
| 2014-08-31 | $2020.76 | $304.00 | x |
| 2015-08-31 | $2452.64 | $304.00 | x |
| 2016-08-31 | $1875.83 | $304.00 | x |
| 2017-08-31 | $2388.52 | $304.00 | x |
| 2018-08-31 | $2815.36 | $304.00 | x |
| 2019-08-31 | $3060.92 | $304.00 | x |
| 2020-08-31 | $3118.11 | $304.00 | x |
| 2021-08-31 | $3638.27 | $304.00 | x |
| 2022-08-31 | $5087.31 | $304.00 | x |
| 2023-08-31 | $5930.23 | $304.00 | x |
| 2024-08-31 | $6563.56 | $304.00 | x |
| 2025-08-31 | $7398.31 | $304.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fast Retailing Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.73%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.70x
- Recent ROE (19.05%) is below the historical average (19.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 51.97% | 15.07% | 1.49x | 2.31x | $27.87 Billion |
| 2001 | 49.28% | 14.14% | 1.65x | 2.11x | $47.18 Billion |
| 2002 | 22.53% | 8.09% | 1.63x | 1.71x | $15.49 Billion |
| 2003 | 14.90% | 6.76% | 1.41x | 1.56x | $6.88 Billion |
| 2004 | 19.43% | 9.23% | 1.41x | 1.49x | $15.22 Billion |
| 2005 | 18.58% | 8.82% | 1.41x | 1.50x | $15.65 Billion |
| 2006 | 17.72% | 9.01% | 1.18x | 1.66x | $17.61 Billion |
| 2007 | 13.23% | 6.05% | 1.46x | 1.50x | $7.76 Billion |
| 2008 | 16.62% | 7.42% | 1.45x | 1.54x | $17.33 Billion |
| 2009 | 19.18% | 7.27% | 1.48x | 1.78x | $23.83 Billion |
| 2010 | 21.61% | 7.57% | 1.61x | 1.78x | $33.14 Billion |
| 2011 | 17.24% | 6.63% | 1.54x | 1.69x | $22.83 Billion |
| 2012 | 18.49% | 7.72% | 1.56x | 1.54x | $32.90 Billion |
| 2013 | 16.12% | 7.91% | 1.29x | 1.58x | $34.32 Billion |
| 2014 | 12.06% | 5.39% | 1.39x | 1.60x | $12.71 Billion |
| 2015 | 14.65% | 6.54% | 1.45x | 1.55x | $34.93 Billion |
| 2016 | 8.36% | 2.69% | 1.44x | 2.16x | $-9.40 Billion |
| 2017 | 16.30% | 6.41% | 1.34x | 1.90x | $46.10 Billion |
| 2018 | 17.94% | 7.27% | 1.09x | 2.26x | $68.52 Billion |
| 2019 | 17.32% | 7.10% | 1.14x | 2.14x | $68.72 Billion |
| 2020 | 9.45% | 4.50% | 0.83x | 2.52x | $-5.30 Billion |
| 2021 | 15.21% | 7.96% | 0.85x | 2.25x | $58.20 Billion |
| 2022 | 17.50% | 11.88% | 0.72x | 2.04x | $117.17 Billion |
| 2023 | 16.26% | 10.71% | 0.84x | 1.81x | $114.09 Billion |
| 2024 | 18.45% | 11.99% | 0.87x | 1.78x | $170.35 Billion |
| 2025 | 19.05% | 12.73% | 0.88x | 1.70x | $205.70 Billion |
Industry Comparison
This section compares Fast Retailing Co. Ltd's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $596,574,747
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fast Retailing Co. Ltd (FRCOF) | $2.56 Trillion | 51.97% | 0.67x | $55.06 Billion |
| American Eagle Outfitters Inc (AEO) | $90.81 Million | 21.51% | 0.59x | $2.70 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $8.64 Million |
| Abercrombie & Fitch Company (ANF) | $1.86 Billion | 6.85% | 0.64x | $3.90 Billion |
| Aritzia Inc (ATZAF) | $112.68 Million | 28.73% | 2.56x | $2.85 Billion |
| Allbirds Inc (BIRD) | $185.33 Million | -82.26% | 0.78x | $17.13 Million |
| Buckle Inc (BKE) | $389.15 Million | 26.84% | 1.23x | $1.53 Billion |
| Boot Barn Holdings Inc (BOOT) | $599.68 Million | 32.09% | 1.00x | $4.86 Billion |
| BrilliA Inc (BRIA) | $6.50 Million | 66.75% | 2.42x | $11.61 Million |
| Burlington Stores Inc (BURL) | $-150.47 Million | 0.00% | 0.00x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.72 Billion | 8.57% | 1.19x | $605.80 Million |