UNIQLO Operations - TextilWirtschaft

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Corporate Governance Masa Matsushita (47) Director Appointed in 2005 External Director, UNIQLO President, FR FRANCE S.A.S. External Director, LTH Creating a Reliable Corporate Governance Structure Board of Directors to Enhance Transparency of Corporate Activities The Board of Directors receives its mandate from shareholders and makes decisions on important management matters. To ensure transparency in management, the Board—consisting of directors in charge of operations and external directors— discusses and makes decisions on such important matters as the annual budget, settlement of accounts, operating plans, proposals for acquisitions and investments, personnel matters related to Officers, organizational reforms, and dividend policy. Board deliberations are based on detailed information. For items that are considered especially important, the directors are briefed by related departments and usually hold a number of meetings. During the fiscal year under review, the Board met 25 times to discuss a range of topics. These included the approval of the financial statements, issues related to UNIQLO’s operations Corporate Governance at FAST RETAILING (as of December 31, 2007) Report Board of Auditors (4 out of 5 are external) Oversee 10 Accounting Auditors Internal Audit Department Tadashi Yanai (58) Chairman, President, and CEO Appointed in 1972 CEO, UNIQLO Director & Chairman, LTH Director & Chairman, CABIN External Director, VIEWCOMPANY Shareholders (General Meeting of Shareholders) Elect/dismiss Elect/dismiss Audit FAST RETAILING ANNUAL REPORT 2007 Toru Hanbayashi (70) External Director Appointed in 2005 Former President, Nichimen Corp. Auditor, UNITIKA, Ltd. External Director, MAEDA CORP. Board of Directors (3 out of 5 are external) Elect/oversee Executive Officers (Executive Committee) CEO in Japan, UNIQLO’s overseas development, growth strategies for Global Brand operations, making CABIN a wholly owned subsidiary, a bid for the acquisition of Barney’s New York, strategies for the footwear business, improvements in internal controls, and compensation for directors. Audit Committee to Oversee Management The role of the auditors is to check the compliance of the Board of Directors in conducting their duties and the implementation of internal controls. The auditors participate in meetings of the Board and oversee the performance of directors. In addition, the auditors attend the meetings of the Personnel Committee, the CSR Committee, the Risk Management Committee, the Disclosure Committee, and other committees to observe whether business activities are being conducted in compliance with laws and regulations as well as whether internal controls are in place. Report Toru Murayama (53) External Director Appointed in 2007 Director & Chairman, Accenture Japan Ltd. Visiting Professor, Waseda University Human Resources Committee CSR Committee Risk Management Committee Disclosure Committee Nobumichi Hattori (50) External Director Appointed in 2005 Visiting Professor, Hitotsubashi University External Director, Miraca Holdings Inc. (As of December 31, 2007) UNIQLO Co., Ltd. Code of Conduct Committee Business Ethics Committee
UNIQLO Operations Fashionable and high-quality clothes that anyone can wear anywhere, any time – that’s what UNIQLO is all about. Our global operating systems weave together all processes from product design to final sales, including global R&D, procurement of world-class quality materials, production focused in China, and the operation of 790 stores around the globe. This seamless system allows UNIQLO to consistently offer its customers high-quality products at reasonable prices. UNIQLO Operations Japan Apparel Operations Global Brand Operations UNIQLO Japan � UNIQLO CO., LTD. UNIQLO International � UNIQLO(U.K.)LTD. � FAST RETAILING(CHINA)TRADING CO., LTD. � UNIQLO USA, Inc. � FRL Korea Co., Ltd. � UNIQLO HONG KONG, LIMITED � UNIQLO FRANCE S.A.S. � CABIN CO., LTD. � G.U. CO., LTD. � ONEZONE CORPORATION � VIEWCOMPANY CO.,LTD. (Listed on JASDAQ Securities Exchange, equity-method affiliate) � Créations Nelson S.A.S. � PETIT VEHICULE S.A.S. � LINK THEORY HOLDINGS CO.,LTD. (Listed on TSE Mothers, equity-method affiliate) FAST RETAILING ANNUAL REPORT 2007 11
Page 1: Year ended August 31, 2007
Page 4 and 5: UNIQLO 02 FAST RETAILING ANNUAL REP
Page 6: FAST RETAILING at a Glance UNIQLO A
Page 9 and 10: In our Global Brand operations, Fre
Page 11: M&A Strategy ■ Objectives of M&A
Page 15 and 16: UNIQLO Setagaya Chitosedai store FA
Page 17 and 18: UNIQLO 311 Oxford Street store, Lon
Page 19 and 20: Global R&D Creating Clothes with St
Page 21 and 22: Japan Apparel Operations Our Japan
Page 23 and 24: Real Riche FAST RETAILING ANNUAL RE
Page 25 and 26: Japan Apparel Operations ONEZONE CO
Page 27 and 28: Global Brand Operations Our mission
Page 29 and 30: INTERVIEW Creative Director of COMP
Page 31 and 32: FAST RETAILING ANNUAL REPORT 2007 3
Page 33 and 34: Corporate Social Responsibility Mak
Page 35 and 36: Kazuhiro Nitta, Vice President in c
Page 37 and 38: Compliance Compliance in Decision M
Page 39 and 40: Environmental Preservation and Comm
Page 41 and 42: Six-Year Financial Summary FAST RET
Page 43 and 44: Korea, and we were able to report s
Page 45 and 46: Number of Stores and Total Sales Fl
Page 47 and 48: 4 Cash Flows 5 Outlook for Fiscal 2
Page 49 and 50: 6 Risk Factors Management regards t
Page 51 and 52: Thousands of Millions of Yen U.S. D
Page 53 and 54: Consolidated Statements of Changes
Page 55 and 56: Notes to Consolidated Financial Sta
Page 57 and 58: (k) Foreign Currency Translation Fo
Page 59 and 60: The annual maturities of long-term
Page 61 and 62: Future minimum lease payments relat
Page 63 and 64:
Report of Independent Auditors The
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2005.5 Obtained management control
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Corporate Information Corporate Dat
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UNIQLO Operations - TextilWirtschaft

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