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E D I T E D V E R S I O N
4911.T - Shiseido Co Ltd
Q3 2025 Shiseido Co Ltd Earnings Presentation
Nov 10, 2025 / NTS GMT
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Presentation
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Unidentified_1 [1]
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Thank you very much. So today it will be a long session.
Thank you very much for your kind understanding. So, first of all, I will explain Xhiseido's current and future prospects. So first of all, our current position regarding the sales momentum, which is the most important factor for our company, I believe we have emerged from the tunnel.
For a long period of time, our growth rate fluctuated significantly from quarter to quarter amid a worsening macroeconomic environment in China, shrinking travel retail market, and a sharp decline in drunk elephant sales. After a prolonged reset, we finally achieved a positive return in Q3.
I believe we have established a foundation for Shiiseido to return to a growth
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