We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Shiseido Announces Plan To Build 30-Billion-Yen R&D Center In Yokohama

March 26, 2015: 12:00 AM EST
Shiseido announced plans to build a research and development facility worth more than 30 billion yen, or $248 million, in Yokohama. Expected to open after 2018 in the city's Minato Mirai business district, the R&D center is part of the cosmetics company's efforts to boost sales to over 1 trillion yen by 2020. Also, the company plans to increase R&D spending to 25 billion yen, or 2.5 percent of total sales by 2020, compared with 13.5 billion yen or 1.8 percent of total sales in fiscal 2013.
"Cosmetics maker plans $250M research base", Nikkei.com, March 26, 2015, © Nikkei Inc
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
Japan
Categories
Companies, Organizations
Developed by Yuri Ingultsov Software Lab.