Closure of Taiwan Shiseido's Hsinchu Plant
Taiwan Shiseido Co., Ltd. (a consolidated subsidiary of the reporting company; the company's ownership interest is 51%)
Taiwan Shiseido's Hsinchu Plant (No. 60, Guangfu N. Road, Hukou Township, Hsinchu County, in Hsinchu Industrial Park). Skincare products and other products for the Taiwan and other Asia-Pacific markets
As part of the global optimization of the production and logistics network based on the “Evolution of Global Operations” initiative in the 2030 Mid-Term Management Strategy. The objectives are to improve plant utilization and cost efficiency globally and to concentrate Taiwan Shiseido's management resources on its distribution business in the local market.
Approximately ¥3.5 billion in non-recurring items (approximately ¥2.0 billion in the fiscal year ending December 2026 and approximately ¥1.5 billion in the fiscal year ending December 2027)
Approximately ¥2.0 billion is expected to be recognized in the fiscal year ending December 2026 and approximately ¥1.5 billion in the fiscal year ending December 2027
The portion of the costs associated with the closure of the Hsinchu Plant attributable to the fiscal year ending December 2026 has already been reflected in the consolidated earnings forecast for the fiscal year ending December 2026 announced on 10 February 2026
Company response
Production at the Hsinchu Plant (scheduled to end in the first quarter of 2027)
Production is scheduled to end in the first quarter of 2027, and the plant is scheduled to close in the second half of 2027. Manufacturing will be transferred to domestic sites, including the Nasu Plant, and Taiwan Shiseido will concentrate its management resources on its distribution business in the local market.
| Item | Details |
|---|---|
| Event name | Closure of Taiwan Shiseido's Hsinchu Plant |
| Date of occurrence | 12 May 2026 (the date on which the Representative Executive Officer decided to close the plant and transfer production) |
| Subject Entity | Taiwan Shiseido Co., Ltd. (a consolidated subsidiary of the reporting company; the company's ownership interest is 51%) |
| Target Locations / Products | Taiwan Shiseido's Hsinchu Plant (No. 60, Guangfu N. Road, Hukou Township, Hsinchu County, in Hsinchu Industrial Park). Skincare products and other products for the Taiwan and other Asia-Pacific markets |
| Cause | As part of the global optimization of the production and logistics network based on the “Evolution of Global Operations” initiative in the 2030 Mid-Term Management Strategy. The objectives are to improve plant utilization and cost efficiency globally and to concentrate Taiwan Shiseido's management resources on its distribution business in the local market. |
| Amount of Impact on Business Performance | Approximately ¥3.5 billion in non-recurring items (approximately ¥2.0 billion in the fiscal year ending December 2026 and approximately ¥1.5 billion in the fiscal year ending December 2027) |
| Accounting period in which recognized | Approximately ¥2.0 billion is expected to be recognized in the fiscal year ending December 2026 and approximately ¥1.5 billion in the fiscal year ending December 2027 |
| Impact on Earnings Forecast | The portion of the costs associated with the closure of the Hsinchu Plant attributable to the fiscal year ending December 2026 has already been reflected in the consolidated earnings forecast for the fiscal year ending December 2026 announced on 10 February 2026 |
| Suspended operations | Production at the Hsinchu Plant (scheduled to end in the first quarter of 2027) |
| Outlook | Production is scheduled to end in the first quarter of 2027, and the plant is scheduled to close in the second half of 2027. Manufacturing will be transferred to domestic sites, including the Nasu Plant, and Taiwan Shiseido will concentrate its management resources on its distribution business in the local market. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As part of the global optimization of the production and logistics network under the 2030 Mid-Term Management Strategy, Shiseido aims to improve plant utilization and cost efficiency. Taiwan Shiseido will also concentrate its management resources on its distribution business in the Taiwanese market.