Shiseido Co Ltd

4911: XTKS (JPN)
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Shiseido Earnings: Sales Decline Is in Line With Industry but Nonetheless Disappointing

Shiseido's first-quarter sales fell 8.5% year over year with all regions either declining or showing little growth. The company reiterated its guidance for 2025 net profit of JPY 6 billion but did not provide estimates on direct tariff impact.

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