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Shiseido Posts Net Loss For First 9 Months Of Fiscal Year 2017

November 9, 2017: 12:00 AM EST
Japanese beauty brand Shiseido reported a net loss of almost 17 billion yen in the nine-month period ending September 30, 2017. According to the company, the loss was primarily due to the 70.7 billion yen costs related to Bare Escentuals. Despite this, the company's operating income for the period grew 82.4 percent to 70.65 billion yen, while net sales expanded by 17.4 percent to 731.2 billion yen.
"Consolidated Settlement of Accounts for the First Nine Months of the Fiscal Year Ending December 31, 2017", Shiseido, November 09, 2017, © Shiseido Company, Limited
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