智通财经网·2025-12-22 06:40Core Viewpoint - Goldman Sachs has raised the operating profit forecasts for FAST RETAIL-DRS (06288) for the fiscal years 2026 to 2028 by 2%, 1%, and 1% respectively, reflecting strong domestic sales momentum in Japan, with same-store sales increasing by 11% and overall sales up by 12.1% from September to November [1] Group 1: Financial Projections - The expected operating profit for the first quarter of fiscal year 2026 is projected to be 184 billion yen, representing a year-on-year increase of 17% [1] - The target price for Fast Retailing's stock (9983.JP) has been raised to 60,000 yen, maintaining a "Buy" rating [1] Group 2: Market Performance - The forecast includes factors such as the bottoming out of performance in mainland China and the impact of U.S. tariffs, with expected sales and operating profit in the Chinese market increasing by 2% and 5% respectively [1] - In North America, despite tariff impacts, improvements in operating profit margins are anticipated due to price adjustments, discount control, and enhanced labor efficiency, particularly in the second half of the fiscal year 2026 [1] Group 3: Japan Market Insights - The weakening of the yen is expected to reduce price increases for Uniqlo in Japan, with the projected overall operating profit margin for fiscal year 2026 estimated at 16.9%, an improvement of 0.3 percentage points year-on-year [1]