Kao Cosmetics China has reduced its registered capital to 3.8 billion yen, a decrease of approximately 77%
36Kr learned that the Aiqicha App shows that recently, Kanebo Cosmetics (China) Co., Ltd. underwent a business change, with its registered capital reduced from 16.8 billion yen to 3.8 billion yen, a decrease of approximately 77%. Kanebo Cosmetics (China) Co., Ltd. was established in November 2005, with Takeyasu Masaru as the legal representative. Its business scope includes internet sales, commission agency, beauty and related consulting services, etc. Shareholder information shows that the company is jointly held by Kanebo Cosmetics Co., Ltd. and Kao (China) Investment Co., Ltd
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