KK Shiseido

4911

Equity

ISIN JP3351600006 / Valor 763285

Tokyo Stock Exchange (2024-09-18)

JPY 3,347.00+0.27%

KK Shiseido
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About company

KK Shiseido, established in 1872 in Ginza, Tokyo, began as Japan's first Western-style pharmacy and has since evolved into a leading global beauty company. Operating in approximately 120 countries and regions, Shiseido is renowned for its innovative approach to beauty and skincare, consistently setting industry standards with its pioneering products. The company focuses on creating unique beauty solutions that transcend traditional cosmetics, aiming to deliver new values and enhance customer satisfaction worldwide. With a strong foundation in Japan, Shiseido continues to expand its influence and offerings, maintaining a steadfast commitment to innovation and excellence in the beauty industry.

Summarized from source with an LLMView SourceSector: Healthcare

Q1 2024 Revenue Growth

KK Shiseido reported a year-over-year net sales growth of 3% on a like-for-like basis in Q1 2024. This growth was achieved despite challenges such as treated water release effects and inventory adjustments in the China and Travel Retail Businesses.

Core Operating Profit

In Q1 2024, KK Shiseido achieved a core operating profit of JPY 11.3 billion. This was a significant milestone, reflecting the company's successful implementation of structural reforms and strategic marketing investments.

Japan Business Performance

KK Shiseido's Japan Business saw accelerated growth in Q1 2024, with core brands achieving growth in the high 20% range and hero products exceeding 30% growth. This performance was driven by increased market share and effective sales generation through balanced investment allocation.

China Market Share

In Q1 2024, KK Shiseido increased its market share in the prestige category in China. This was attributed to strategic marketing investments aimed at maximizing market recovery and capturing consumer interest in high-end products.

E-commerce Growth

KK Shiseido's e-commerce sales in Q1 2024 grew significantly, reaching the high 20% range. This marked a substantial acceleration from the lower 10% growth seen in FY2023, driven by strategic plans to strengthen Retail.com, expand into Pure Players, and enhance Owned.com platforms.

Summarized from source with an LLMView Source

Key figures

-41.2%1Y

-57.7%3Y

-61.7%5Y

Performance

40.5%1Y

34.7%3Y

33.3%5Y

Volatility