ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Companies

Asia skincare demand boosts profit at Kao

Japanese company's Freeplus and Kate lines popular in China

Kao's Kate store in Xian, China

TOKYO -- Kao's operating profit for the six months ended June is expected to have grown 4% to around 91 billion yen ($817 million), helped by brisk skincare and cosmetics sales in China and other markets in Asia.

The figure would mark a record profit for the January-June period, although the fiscal 2016 switch to international accounting standards makes historical comparisons difficult. Sales for the period look to have climbed 2% on the year to about 730 billion yen. Kao has not put out an interim earnings projection.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more