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Kao Announces Strong Sales Growth In 1H 2014

July 29, 2014: 12:00 AM EST
Kao Corporation reported net sales rose 6.6 percent to 665.9 billion yen for the six-month period ending June 30, 2014, compared with the same period in 2013. Operating income grew 14.9 percent to 49.3 billion yen, while net income expanded 73.3 percent to 31.6 billion yen. Factors affecting the company’s financial performance during the period include the moderate recovery in the global economy and in the local market. Japan’s household and personal care markets grew 4 percent during the period, with the cosmetics market posting a 2 percent expansion.
"Kao Corp. Summary of Consolidated Business Results for the Six Months Ended June 30, 2014", Kao Corporation, July 29, 2014, © Kao Corporation
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