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Consumer Non-Durables

Shiseido Co., Ltd.

Business Summary

Shiseido Co., Ltd. engages in the production and sale of cosmetics for men and women. It operates through the following segments: Japan, China, Asia Pacific, Americas, Europe, Middle and Africa (EMEA), Travel Retail, Professional, and Others. The Japan, China, Asia Pacific, Americas, and EMEA segments sells cosmetics, fragrance, and personal care products with core brands such as Shiseido, clé de peau BEAUTÉ, ELIXIR, MAQUILLAGE, AUPRES, urara, TSUBAKI, Za, and narciso rodriguez in each corresponding region. The Travel Retail segment sells brands Shiseido, clé de peau BEAUTÉ, bareMinerals, and NARS in airport duty-free shops excluding Japan. The Professional segment manages the sales of beauty products in Japan, China, and Asia. The Others segment handles the production and frontier science business. It also includes restaurant business. The company was founded by Arinobu Fukuhara on September 17, 1872 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2019 JPYUSD
Revenue1,131.54B10,380.13M
Gross Profit876,703M8,042.34M
Operating income113,832M1,044.22M
Income before tax107,378M985.02M
Net income73,562M674.81M
EBITDA172,242M1,580.04M
Diluted EPS183.991.68
Dividends Per Share600.55
Total Assets1,218.79B11,215.04M
Total liabilities700,935M6,449.82M
Total equity497,701M4,579.71M
Operating cash flow75,562M693.16M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 1,017.40B 850,306M 1,005.06B 1,094.82B 1,131.54B
Gross Profit 756,063.44M 642,753M 773,735M 862,897M 876,703M
Operating income 50,213.20M 36,781M 80,437M 108,352M 113,832M
Income before tax 55,421.20M 49,866M 38,555M 104,310M 107,378M
Net income 29,178.60M 32,102M 22,749M 61,404M 73,562M
EBITDA 99,457.08M 76,177M 124,286M 152,197M 172,242M
Diluted EPS 73.01 80.30 56.87 153.55 183.99
Dividends Per Share 40 20 27.50 45 60
Total Assets 808,547M 934,590M 949,425M 1,009.61B 1,218.79B
Total liabilities 395,213M 520,718M 503,550M 541,152M 700,935M
Total equity 392,528M 393,783M 424,322M 449,533M 497,701M
Operating cash flow 60,529M 59,129M 95,392M 92,577M 75,562M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 8,403.82M 7,825.46M 8,963.07M 9,913.04M 10,380.13M
Gross Profit 6,245.11M 5,915.32M 6,900.11M 7,813.06M 8,042.34M
Operating income 414.76M 338.49M 717.33M 981.06M 1,044.22M
Income before tax 457.78M 458.92M 343.83M 944.47M 985.02M
Net income 241.01M 295.43M 202.87M 555.98M 674.81M
EBITDA 821.51M 701.06M 1,108.37M 1,378.06M 1,580.04M
Diluted EPS 0.60 0.73 0.50 1.39 1.68
Dividends Per Share 0.33 0.18 0.24 0.40 0.55
Total Assets 6,721.36M 8,012.94M 8,428.09M 9,202.18M 11,215.04M
Total liabilities 3,285.36M 4,464.50M 4,470.04M 4,932.34M 6,449.82M
Total equity 3,263.04M 3,376.19M 3,766.72M 4,097.27M 4,579.71M
Operating cash flow 499.97M 544.17M 850.69M 838.23M 693.16M

Valuation Measures

Dec 2019
PER42.25
ROA6.60%
ROE15.53%
Operating margin10.05%
Profit margin6.50%

Key executives

  • Chairman, President & Chief Executive Officer: Masahiko Uotani
  • CFO, Executive Officer, Head-Finance & IR: Michael Coombs
  • Manager-Finance & Accounting: Masaki Dozono
  • Chief Information Technology Officer: Mitsuru Kameyama
  • Chief Beauty Strategy Officer & Executive Officer: Kiyomi Horii

Shareholders

  • Nomura Asset Management Co., Ltd. (5.4%)
  • Asset Management One Co., Ltd. (4.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • BlackRock Fund Advisors (2.9%)
  • EdgePoint Investment Group, Inc. (2.7%)
  • The Vanguard Group, Inc. (2.7%)
  • Nikko Asset Management Co., Ltd. (2.5%)
  • Mizuho Bank Pension Fund (2.5%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • Lindsell Train Ltd. (2.1%)

Contact Details

Related Companies

  • Shiseido Japan Co., Ltd.
  • Shiseido (Canada), Inc.
  • Shiseido Singapore Co. (Pte) Ltd.
  • Shiseido Professional Korea Co., Ltd.
  • Shiseido China Research Center Co. Ltd.
  • Shiseido India Pvt Ltd.
  • Shiseido Vietnam, Inc.
  • Shiseido Cosmetics Vietnam Co. Ltd.
  • Beaute Prestige International SA (France)
  • Shanghai Zotos CITIC Cosmetics Co., Ltd.
  • Shiseido SA
  • Shiseido Malaysia Sdn. Bhd.
  • Shiseido (RUS) LLC
  • Shiseido Professional Co. Ltd.
  • Shiseido NZ Ltd.
  • Shiseido China Co., Ltd.
  • Shiseido Yakuhin KK
  • Shiseido Beautech Co. Ltd.
  • Shiseido Information Network Co. Ltd.
  • Etowas Co. Ltd.
  • Ipsa Co. Ltd.
  • Beaute Prestige International GmbH
  • Shiseido Germany GmbH
  • Shiseido Cosmetici Italia SpA
  • Shiseido Amenity Goods Co. Ltd.
  • De Cleor UK Ltd.
  • Shiseido Europe
  • Shiseido International France SAS
  • Shiseido International Europe SA
  • Shiseido Korea Co., Ltd.

Competitors

  • Estee Lauder Companies Inc. Class A
  • Revlon, Inc. Class A
  • Coty Inc. Class A
  • L'Oreal SA
  • Unilever NV
  • Unilever PLC
  • Chlitina Holding Ltd.
  • e.l.f. Beauty, Inc.
  • Do Day Dream Public Co. Ltd.
  • DR.WU SKINCARE Co., Ltd.
  • Youngevity International, Inc.
  • Interparfums
  • Pacgen Life Science Corporation
  • Bloomage BioTechnology Corporation Ltd Class A
  • Maxigen Biotech Inc.
Last Updated on 2 Apr, 2020

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