Shiseido Co Ltd
TSE:4911

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Shiseido Co Ltd
TSE:4911
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Price: 2 315.5 JPY 2.07%
Market Cap: 926.2B JPY

Shiseido Co Ltd
Investor Relations

In the realm of beauty and skincare, Shiseido Co., Ltd. stands as a venerable powerhouse with roots tracing back to the late 19th century. Born from the vision of Arinobu Fukuhara, a former Tokyo pharmacist, Shiseido began its journey as Japan’s first Western-style pharmacy in 1872. Today, Shiseido has blossomed into one of the world’s largest cosmetics companies, renowned for its dedication to innovation and quality. With its headquarters nestled in Tokyo, the company weaves a rich tapestry of Eastern aesthetics and Western science, crafting products that resonate with millions globally. Shiseido’s portfolio spans an impressive array of skincare, makeup, fragrance, and hair care brands, all underscored by a commitment to blending tradition with technology. This unique fusion is evident in their cutting-edge research facilities, where constant innovation fuels everything from anti-aging creams to avant-garde makeup.

Shiseido thrives primarily through its network of retail partnerships, department store counters, specialty stores, and an ever-expanding digital presence. By tapping into the burgeoning online market, Shiseido has adapted to the digital age, using e-commerce platforms and social media to reach a wider, tech-savvy audience. Their sales strategy is complemented by strategic acquisitions and the launch of niche brands that cater to diverse consumer tastes and preferences, embracing a philosophy that respects both global and local market nuances. Each product sold resonates with the company's core ethos: a devotion to beauty that empowers. Through a synergy of commerce and craftsmanship, Shiseido generates revenue while cementing its status as a beacon of beauty innovation worldwide.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 10, 2025
AI Summary
Q3 2025

Positive Sales Momentum: Shiseido has emerged from a period of instability, returning to positive sales growth in Q3 after several challenging quarters.

Structural Reforms Completed: Major company-wide structural reforms, including a voluntary retirement program, are set to be completed by the end of 2025, targeting JPY 25 billion in benefits by 2026.

Americas Impairment & Profit Revision: A noncash goodwill impairment loss in the Americas resulted in a downward revision of operating and net profit forecasts for 2025.

Profitability Improvements: Core operating profit for the first nine months reached JPY 30.1 billion, moving closer to the full-year target of JPY 36.5 billion.

Strong Free Cash Flow: Free cash flow for the third quarter was JPY 31.6 billion, expected to exceed initial forecasts and reach JPY 35 billion for the year.

Regional Performance: Sales turned positive in Q3 with notable growth in China, Travel Retail, and EMEA; e-commerce sales in Japan rose by mid-20% in Q3.

Midterm Strategy & Targets: Shiseido aims for 2–5% annual sales growth and a double-digit core operating margin by 2030, with a focus on brand value, cost optimization, and global business expansion.

Key Financials
Net Sales (9M FY25)
JPY 693.8 billion
Core Operating Profit (9M FY25)
JPY 30.1 billion
Nonrecurring Items (YTD)
JPY 63.4 billion
Net Loss (Q3)
JPY 44 billion
Free Cash Flow (Q3)
JPY 31.6 billion
Annual Dividend
JPY 40 per share
Cost Reduction (Q3 2025)
JPY 21 billion
COGS Ratio (Q3)
23.2%
Marketing Investment Ratio (Q3)
28.4%
Personnel Expenses (YoY)
decreased by JPY 13.2 billion
Other Expenses (YoY)
declined by JPY 8.7 billion
E-commerce Sales (Japan, Q3)
up mid-20%
Core Operating Profit (China & Travel Retail, 9M)
JPY 46.7 billion
Operating Margin (China & Travel Retail, 9M)
19.3%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Masahiko Uotani
Chairman, Executive Off., CEO & Representative Corporate Executive Off.
No Bio Available
Mr. Kentaro Fujiwara
President, COO, Exe. Off. & Japan Region CEO, Representative Corporate Exe. Officer and Dir.
No Bio Available
Mr. Ayako Hirofuji
CFO, Corp. Exe. Off., Chief Investor Engagement Officer and Chief DE&I Officer
No Bio Available
Yosuke Tojo
Executive Officer & CTO
No Bio Available
Ms. Maria Chiclana
Executive Officer, Chief Legal Officer & Global General Counsel
No Bio Available
Mr. Yoshiaki Okabe
Corporate Exe. Off., EVP, Chief Marketing & Innovation Off. and Chief Brand Off. - SHISEIDO
No Bio Available
Mr. Shinji Wada
Chief People Officer & Executive Officer
No Bio Available
Mr. Norio Tadakawa
Corporate Executive Off., Senior Executive Off. & Chief Strategic Business Development Officer
No Bio Available
Ms. Katharina Höhne
Senior VP - Global Prof Business & Corp. Officer
No Bio Available
Mr. Mitsuru Kameyama
Corporate Officer & Chief Global Information Technology Officer
No Bio Available

Contacts

Address
TOKYO-TO
Minato-ku
1-6-2, Higashi-Shimbashi
Contacts
+81335725111.0
corp.shiseido.com