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Shiseido Says Net Sales Rose Slightly In First Two Quarters Of FY 2015

October 31, 2014: 12:00 AM EST
Shiseido reported consolidated net sales rose 1.4 percent to ¥365.7 billion in the first half of fiscal year ending March 31, 2015. Domestic sales, however, declined 5.1 percent year on year to ¥172.6 billion, due to a slowdown in demand following the increase in consumption tax in Japan. Overseas sales declined 0.1 percent on local-currency basis; however, in view of the yen's depreciation, sales abroad grew 8.1 percent to ¥193.1 billion. Operating income dropped 46.4 percent to ¥10.9 billion, the company said, due to increases in personnel costs and marketing expenses.
"Consolidated Settlement of Accounts / Supplemental Information of Accounts for the First 2 Quarters Ended September 30, 2014", Shiseido , October 31, 2014, © Shiseido Co.,Ltd.
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