Fast Retailing Co., Ltd. http://www.alacrastore.com/company-snapshot/Fast_Retailing_Co_Ltd-1082459 Wednesday, October 15, 2008 8:24:59 PM 1082459 Fast Retailing Co., Ltd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/668871spcred/668871normglobal9/2/2008 8:24:02 AM175Summary668871JapanApparel RetailAsiaGlobal IssuersCorporationsSummaryFast Retailing Co. Ltd. (A/Stable/--) continues to grow in a relatively stable manner, while clothing sales at major general merchandise stores, department stores, and specialty apparel stores have decreased on a same store basis over the past three years due to a shrinking domestic clothing market and intensifying competition. From September 2007 to June 2008, UNIQLO's domestic comparable-store sales increased by 2.2% compared with the same period in the previous year; from March 2008 to June 2008, sales increased by 3.3% on a year-on-year basis. Consolidated EBITDA margin (operating profit before depreciation) of UNIQLO increased steadily to 18.4% in the interim period ended Feb. 29, 2008, from 16.2% in the same period of the previous year. Standard&Poor RatingsJPN25504010 255040 2550 25Fast Retailing Co. Ltd.352952ASIA9983@JPSUMMARYGLOBISSCORPCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/668870spcred/668870normglobal9/2/2008 8:24:00 AM400Full Report668870JapanApparel RetailAsiaGlobal IssuersCorporationsFull ReportMaintains high brand recognition and strong business franchise in the Japanese casual clothing market Healthy financial profile with a net cash position, supported by a conservative financial policy Controls inventory risks and foreign exchange risks by efficient supply chain management and foreign exchange forward contracts High dependence on domestic UNIQLO business causes revenue fluctuation risks characteristic to the apparel business, arising from market trends and unseasonable weather Corporate governance is under reinforcement, but further monitoring of operational conditions is necessary Fast Retailing Co. Ltd. (A/Stable/--) continues to grow in a relatively stable manner, while clothing sales at major general merchandise stores, department stores, and specialty apparel stores have decreased on a same store basis over the past three years dueJPN25504010 255040 2550 25Fast Retailing Co. Ltd.352952ASIA9983@JPFULLGLOBISSCORPCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/1205746bir/1205746normFast Retailing Company Ltd.JapanRetail: Retail trade in men's and women's casual clothing.561156214481104481209HL99838/30/2008 6:15:01 AM1205746Company Profiles & FinancialsGale Company ProfilesJAPAN - Alberto Aspesi & C SpA, a majority owned unit of Intek SpA, raised its interest to ##% from ##%, by acquiring a ##% interest in ASPESI Japan Co Ltd (AJ), a manufacturer and wholesaler of women's clothing, from its ##% owned parent, Fast Retailing Co Ltd.7/11/2008 11:26:35 AM01307J04715F45914E31186VAlberto Aspesi & C SpAASPESI Japan Co LtdiNTEK SpAFast Retailing Co Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Alberto_Aspesi_C_SpA_acquires_ASPESI_Japan_Co_Ltd_from_Fast_Retailing_Co_Ltd-1994722040sdc/19947220401994722040Copyright © 2008, Thomson Financial, All Rights ReservedTextile and Apparel ProductsItalyWomen's, misses', & juniors' suits, skirts, coats2337FFForeignSubsidiary2337:Women's, misses', & juniors' suits, skirts, coats3671:Electron tubes3672:Printed circuit boards3674:Semiconductors and related devices3675:Electronic capacitors3677:Electronic coils, transformers, & other inductors3679:Electronic components, nec6719:Offices of holding companies, necWholesale Trade-Nondurable GoodsJapanWomen's and children's clothing and accessories5137FFForeignSubsidiary809293001Mnfr electronic componentsOwn,op clothing storesUnspecifiedStock922865002Jul 11 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000Alberto Aspesi & C SpA isheadquartered in Legnano,Italy. The companymanufactures and sells women'sclothes with a brand nameAspesi.Alberto Aspesi & C SpA is headquartered in Legnano, Italy.The company manufactures and sells women's clothes with abrand name Aspesi.Alberto Aspesi & C SpA is headquartered in Legnano, Italy. The company manufactures and sells women's clothes with a brand name Aspesi.1.000002.000003.000004.000005.000006.000007.000008.000009.00000ASPESI Japan Co Ltd isheadquartered in Tokyo, Japan.The company's main business ismanufacturing and wholesalingwomen's clothing, includingblouses, shirts, pants,skirts, suits, outerwear,nightwear and dresses. Thecompany was founded in 1998.ASPESI Japan Co Ltd is headquartered in Tokyo, Japan. Thecompany's main business is manufacturing and wholesalingwomen's clothing, including blouses, shirts, pants, skirts,suits, outerwear, nightwear and dresses. The company wasfounded in 1998.ASPESI Japan Co Ltd is headquartered in Tokyo, Japan. The company's main business is manufacturing and wholesaling women's clothing, including blouses, shirts, pants, skirts, suits, outerwear, nightwear and dresses. The company was founded in 1998.0.000000.000000.000000.00000Y08 Jul 08Tue, 08 Jul 2008 00:00:00 ESTDate Announced: 07/08/200808 Jul 08Date Effective: 07/08/200808 Jul 08Acq. Maj. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.0000060.0000080.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000020.0000060.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000JAPAN - Alberto Aspesi & CSpA, a majority owned unit ofIntek SpA, raised its interestto 80% from 20%, by acquiringa 60% interest in ASPESI JapanCo Ltd (AJ), a manufacturerand wholesaler of women'sclothing, from its 60% ownedparent, Fast Retailing Co Ltd.JAPAN - Alberto Aspesi & C SpA, a majority owned unit of Intek SpA, raised its interest to 80% from 20%, by acquiring a 60% interest in ASPESI Japan Co Ltd (AJ), a manufacturer and wholesaler of women's clothing, from its 60% owned parent, Fast Retailing Co Ltd.JAPAN - Alberto Aspesi & C SpA, a majority owned unit of Intek SpA, raised its interest to80% from 20%, by acquiring a 60% interest in ASPESI Japan Co Ltd (AJ), a manufacturer andwholesaler of women's clothing, from its 60% owned parent, Fast Retailing Co Ltd.JAPAN - Alberto Aspesi & C SpA, a majority owned unit of Intek SpA, raised its interest to 80% from 20%, by acquiring a 60% interest in ASPESI Japan Co Ltd (AJ), a manufacturer and wholesaler ofwomen's clothing, from its 60% owned parent, Fast Retailing Co Ltd.JAPAN - Alberto Aspesi & C SpA, a majority owned unit of Intek SpA, raised its interest to 80% from 20%, by acquiring a 60% interest inASPESI Japan Co Ltd (AJ), a manufacturer and wholesaler of women's clothing, from its 60% owned parent, Fast Retailing Co Ltd.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005137:Women's and children's clothing and accessories136600004MilanItaly3671ForeignPublicITK5137:Women's and children's clothing and accessories5143:Dairy products, except dried or canned5611:Men's and boys' clothing and accessory stores5621:Women's clothing stores5651:Family clothing stores304932003TokyoJapan5651ForeignPublic99830.000000.000000.000000.00000Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/653591spcred/653591normThe latest News from S&Pglobal6/12/2008 9:20:53 AM100News653591JapanApparel RetailAsiaGlobal IssuersCorporationsNewsTOKYO (Standard&Poor's) June 12, 2008--Standard&Poor's Ratings Services today raised to 'A' from 'A-' its long-term corporate credit rating on Fast Retailing Co. Ltd., reflecting the enhanced stability of the company's business base and profitability. This is a result of company efforts to strengthen its product mix and competitiveness, as well as enhancements to the inventory management system of its domestic UNIQLO business, which generates about 80% of consolidated sales. The outlook on the long-term corporate credit rating on the company is stable. Monthly sales data shows that the UNIQLO business has been able to maintain relatively stable growth. Indeed, from September 2007 to May 2008, UNIQLO's total domestic monthly sales increased by 2.3% compared with theJPN25504010 255040 2550 25Fast Retailing Co. Ltd.352952ASIA9983@JPNEWSGLOBISSCORPCredit & Investment ResearchS&P Credit Research