Shiseido raised its full-year forecast for the fiscal year ending December 2026, projecting revenue of ¥1.025 trillion, core operating profit of ¥87 billion, operating profit of ¥87 billion and profit attributable to owners of the parent of ¥62 billion.
Shiseido raised its full-year earnings forecast for the fiscal year ending December 2026, projecting revenue of ¥1.025 trillion, up 5.7% from the previous fiscal year, core operating profit of ¥87 billion, up 95.4%, operating profit of ¥87 billion and profit attributable to owners of the parent of ¥62 billion.
Factors that boosted profit included the structural reforms it has been pursuing, improved cost management, the impact of foreign-exchange movements and the acceleration of asset sales. Meanwhile, stagnant inbound demand in Japan and slowing growth in the European and U.S. markets are expected to weigh on revenue on a like-for-like basis.
For the cumulative third quarter (January to September 2026), revenue rose 6.8% year on year to ¥741.143 billion, operating profit was ¥63.5 billion, and quarterly net profit returned to the black at ¥44.385 billion.