About: http://data.cimple.eu/news-article/9e2253d57c889e7fc7513acc4276ebb64e6f6d2065d67e50fb6591e6

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/9e2253d57c889e7fc7513acc4276ebb64e6f6d2065d67e50fb6591e6 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	Uniqlo operator Fast Retailing reported plunging profits and lowered its annual profit outlook on Thursday, with the Japanese giant citing the impact of the coronavirus pandemic, which forced lengthy store closures. The firm now expects annual net profit to August of 85 billion yen ($792 million), down from an earlier projection of 100 billion yen announced in April, and nearly a half of what it earned in the previous year. Annual operating profit is forecast at 130 billion yen and sales at 1.99 trillion yen, compared with earlier forecasts for 145 billion yen and 2.09 trillion yen respectively. The revisions were necessary as previous forecasts did not account for the full impact of a state of emergency Japan declared earlier in the pandemic, which forced the firm to shut stores, as well as the slower-than-expected reopening of its branches overseas. For the nine months to May, Fast Retailing said its net profit plunged 42.9 percent to 90.64 billion yen. Operating profit and sales were also down. And the company reported impairment losses, linked to the declining value of certain assets, of 15.2 billion yen, further driving down its bottom line. Fast Retailing said it was on track to achieve business targets it set given the tough business climate with cost-cutting, limited discounts and a healthy recovery for operations in Japan and China. hih/sah/dan
schema:headline	Japan's Uniqlo operator downgrades profit outlook on pandemic
schema:mentions	Pandemic China Coronavirus Impaired asset Earnings before interest and taxes Uniqlo Fast Retailing Economy of Japan Microsoft Outlook Japanese yen
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-07-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 11 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software