ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Articles

Pola Orbis seeks to double earnings per share by 2016

TOKYO -- Cosmetics maker Pola Orbis Holdings aims to increase its earnings per share to about 260 yen ($2.40) in 2016 from 132 yen last year, by sharpening its focus on high-end anti-aging products in Japan and expanding its sales network abroad.

     The company seeks to increase EPS -- net profit divided by the number of outstanding shares -- by 25% each year to achieve the target. Its payout ratio will be set at about 50%.

     In Japan, the company will strengthen sales of anti-aging products, the market for which is seen expanding. It will also raise efficiency of production facilities to boost net profit.

     The overseas business, covering China, Southeast Asia and elsewhere, will likely bleed red ink this year due to heavy upfront costs. But the plan is to turn it profitable by 2016 through increased sales.

     Pola Orbis seeks to raise its return on equity from 4% in 2013 to 8% in 2016. The company will work not only to increase net profit but also bolster shareholder distributions and growth-oriented investment to curb increases in its own capital.

(Nikkei)

Sponsored Content

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

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media