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Shiseido Says Consolidated Net Sales Growth Strong In 1H Of FY 2015

October 30, 2015: 12:00 AM EST
Shiseido reported consolidated net sales grew 12.6 percent year on year to ¥411.9 billion in the first two quarters of the fiscal year ending December 31, 2015. Sales in the company’s home market, Japan, rose 12.2 percent to ¥193.7 billion, driven by proactive measures adopted by Shiseido to “capture growing inbound demand.” Global business sales rose 13 percent to ¥218.2 billion. Operating income grew 36.2 percent to ¥14.9 billion, driven by the increase in earnings due to growth in net sales and improved cost efficiencies. Also, ordinary income rose 31.6 percent to ¥15.2 billion.
"Shiseido Consolidated Settlement of Accounts for the First Two Quarters of the Fiscal Year Ending December 31, 2015", Shiseido, October 30, 2015, © Shiseido Co., Ltd.
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