UNIQLO’s goal
On September 2, 2009, Fast Retailing Co., Ltd. announced that the company would target annual group sales of 5 trillion yen (about 61.2 billion US dollars) and pretax profit from operations of 1 trillion yen (about 12.2 billion US dollars) by 2020. This means that the company is aiming to become the world’s biggest Specialty retailer of Private label Apparel with a continuous growth rate of 20% per year. The figure breaks down as one trillion yen from Uniqlo’s Japan business, three trillion yen from its international business, and one trillion yen from "Japan-related and global brand business."The company’s international business target breaks down as one trillion yen in China, one trillion in other Asian countries and one trillion in Europe and the United States.