Business | Faster, please

Uniqlo’s success mirrors the growth of Japan’s industrial giants

Automation and expansion go hand in hand

Signage of a Uniqlo store, operated by Fast Retailing Co., in the Shinjuku district of Tokyo, Japan, on Friday, Oct. 28, 2022. Asias largest retailer Fast Retailing is forecasting a record profit for the year ending August 2023, thanks to improving demand for its cheap casual apparel in Japan and a weaker yen bolstering profits brought back home from overseas. Photographer: Kiyoshi Ota/Bloomberg via Getty Images
Brand of the rising sunImage: Getty Images
|SINGAPORE

Drive through any city in South-East Asia and Japan’s commercial presence is visible everywhere: vehicles made by Toyota, Honda and Nissan clog the roads, the result of decades of market dominance in the region. If Fast Retailing, the parent company behind Uniqlo, a clothing retailer, has its way, the drivers of those vehicles will soon be wearing Japanese clothes, too.

This article appeared in the Business section of the print edition under the headline “Faster, please”

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