Company Research

Company Research
3-5 page paper single space, plus exhibits, describing and explaining the
financial management of your chosen company, its success or lack of
success over the past 3-5 years, its prospects for the future, and why you
think as you do
the Fast Retailing
http://www.fastretailing.com/eng/
Company Paper Guidelines:The following points are suggestions. If you, as a student, think that more
analysis or metrics are required to analyze your company please go ahead and include them. Initiative,
innovation and creativity is appreciated.

– Design format similar to analyst reports
– 3-5 years of financial data, Financial statements – BS, IS, SCF etc.
– Horizontal and Vertical Trend analysis
– Industry and competitor ratios.
– Forecast for the next FY, CAGR, Is AFN needed?
– Ratios compared for the numbers till date as well as against the forecast
– Ratios compared to the industry and competition
– Current capital investments – NPV, IRR, Payback
– Working Capital analysis – CCC, ICP analysis etc.
– Weighted average cost of capital
– Capital Structure analysis
– Dividend policy (Payout ratios, trending of payouts etc.)
– Risk analysis, Volatility
– Basic valuation
– Technical analysis for the last 3 years
– Analyst ratings
– Recommendation on whether to invest in the stock
Read your company’s website’s section on Corporate
Governance. Compare it to the Manulife Corporate governance website. Note that nothing written is
required on this assignment at this time. As part of Assignment #2, include in your company paper a
discussion (at least 1-2 paragraphs) on Corporate Governance and how effectively you think your company
has addressed the key corporate governance issues.

The numbers on their financials are in Yen and have to be converted into USD

Note: All information drawn from external sources must be properly and completely documented. All URLs
referenced must provide the complete URL.