Expanding Beauty-Related Products and Services Through Alliances and M&A

「The Company will also promote collaborations with Kenichi Ogura (小椋ケンイチ), known as “Ogunee,” a hair and makeup artist, beauty expert and television personality, as well as alliances with other companies, and will work to make them effective.」

「The Company decided to transition to a holding company structure because it believes it is necessary to establish a group operating structure that enables agile and flexible business management responsive to changes in the market environment, expands the scope of operations through M&A and alliances, clarifies management responsibility for each business and develops next-generation management personnel, in order to enhance value creation capabilities and further increase corporate value.」

「The transition to a holding company structure is a step toward becoming a “comprehensive beauty company.” Its purpose is to more actively pursue alliances and M&A with companies that already provide products and services, in addition to developing new products and services, and to enhance their effectiveness.」