Shiseido Reports Challenging Nine-Month Financial Results
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Shiseido Company, Limited reported a challenging nine-month financial performance, with net sales declining by 4.0% year-on-year to ¥693.8 billion. However, core operating profit increased by 9.7% to ¥30.1 billion due to structural reforms and cost management. The company faced a goodwill impairment loss of ¥46.8 billion, leading to a net loss of ¥44.0 billion. Shiseido is focused on its "Action Plan 2025-2026" and aims for a core operating profit margin above 10% by 2030, despite ongoing market challenges.
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