Brief: Fast Retailing CEO Yanai If We Keep Having Tariff Wars Like The Ones We Are Having Now, It May Be Good For The Big Countries, But For The Surrounding Countries And Developing Countries, It Will Be A Disaster

FAST RETAILING

10/04/2025 09:32

April 10 (Reuters) - Fast Retailing Co Ltd 9983.T:

JAPAN'S FAST RETAILING:  NORTH AMERICA SEGMENT IS EXPECTED TO REPORT A DECLINE IN BUSINESS PROFIT IN THE SECOND HALF DUE TO US TARIFF IMPACT

JAPAN'S FAST RETAILING: IMPACT OF TARIFFS IS EXPECTED TO BE LIMITED IN 2H AS A SUBSTANTIAL AMOUNT OF GOODS HAVE ALREADY ENTERED THE USA

JAPAN'S FAST RETAILING:  EXPECT 2H CONSOLIDATED BUSINESS PROFIT IMPACT OF 2% TO 3% ASSUMING TARIFFS ANNOUNCED ON APRIL 2 WILL BE APPLIED AND NOT BE RAISED IN 2H

FAST RETAILING CEO YANAI: CURRENT TARIFFS ARE UNREASONABLE, AND I THINK THEY PROBABLY WON'T LAST

FAST RETAILING CEO YANAI: PRODUCTION AREAS CAN BE CHANGED TO RESPOND TO TARIFFS

FAST RETAILING CEO YANAI: IF WE KEEP HAVING TARIFF WARS LIKE THE ONES WE ARE HAVING NOW, IT MAY BE GOOD FOR THE BIG COUNTRIES, BUT FOR THE SURROUNDING COUNTRIES AND DEVELOPING COUNTRIES, IT WILL BE A DISASTER

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Further company coverage: 9983.T

 (Reporting by Rocky Swift)

 ((rocky.swift@thomsonreuters.com;))