Shiseido Domestic Rejuvenation, Globalization Efforts Underway
This article was originally published in The Rose Sheet
Executive Summary
Japanese cosmetics manufacturer Shiseido is focused on rejuvenating its domestic business and expanding globally as part of an initiative to transform the company into a "more profit-oriented" operation, the firm said in a fiscal 2004 (ended March 31) sales and earnings release
You may also be interested in...
Shiseido forecast
Consolidated net income for fiscal 2004 (ended March 31) will be $235.1 mil. (¥1=$.01), about 8.7% higher than originally forecast after company receives approval from Japanese Minister of Health, Labor and Welfare for return of a portion of employees' pension fund, company announces. Extraordinary income derived from the return will be "partially offset by expenses entailed in structural reform of businesses," Japanese cosmetics firm says. Net sales are expected to be about 1.1% lower to $5.96 bil. Exemption from future payment obligations for a portion of employee's pension fund was granted by the agency on Feb. 25, Shiseido notes...
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Beauty Claims Inch Closer To Pharma As Cosmeceutical Sector Expands
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle