Annual Growth of 5.7%, China Becomes Shiseido's Largest Market
- Chaileedo Press
- Feb 11, 2023
- 2 min read
Although in the financial report, Shiseido repeatedly mentioned the poor performance of China. However, Shiseido said China has become its largest market.
Sales for the fiscal year ended Dec. 31 rose 5.7% to about 1.07 trillion yen ($8.1 billion), according to Shiseido's earnings report. Net income fell 27.1% to 34.2 billion yen ($260.6 million). Profit for the year fell 53.7%.
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