ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Cosmetics maker Mandom seen with record profit but below forecast

TOKYO -- Men's cosmetics maker Mandom likely will generate 7 billion yen ($57.8 million) in operating profit for the fiscal year ending March 31, up 2% and a second straight record but less than what had been forecast.

     The Japanese company had projected a 4% rise in operating profit to 7.12 billion yen. Sales of products for hair salons are weak in Japan, and revenues in some parts of Asia are sluggish due to intense competition.

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