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E D I T E D V E R S I O N
4911.T - Shiseido Co Ltd
Q1 2026 Shiseido Co Ltd Earnings Presentation
May 12, 2026 / NTS GMT
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Presentation
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Unidentified_1 [1]
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Thank you very much. So, this is Fujiwara, the CEO and the President of the company. Now, first, let me introduce the key points of the Q1 2026 financial results. Page 3, in the first quarter, while challenges remain in terms of sales, profit growth exceeded expectations.
Core operating profit was JPY13 billion, an increase of JPY4.8 billion year-over-year.
We believe this is a result of the structural reforms implemented over the past few years, functioning effectively even during periods of declining revenue. Improvements in fixed cost structure and discipline in the investment decisions have strengthened our so-called management strength or resilience. To environmental changes. On the other hand, net sales were JPY232
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