Uniqlo Owner, Seven & i To Set Tone for Japan’s Consumer Sector

Uniqlo owner Fast Retailing Co. and Seven & i Holdings Co. will show how Japan’s consumer sector is faring as Asia’s earnings season kicks off.

Net income across corporate Japan likely declined about 13% in the quarter ended June, similar to the March period, weighed down by the automotive and other discretionary segments, Bloomberg Intelligence senior equity strategist Laurent Douillet said.