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Shiseido Q1

Executive Summary

Cosmetics division sales increased 7.2% to $1.14 bil. (¥1=$.009) in the first quarter (ended June 30), Japanese beauty firm announces. Toiletries revenue advanced 7.9% to $133.7 mil. Net sales grew 9.3% to $1.43 bil., while net earnings totaled $8.9 mil., an improvement over the $60 mil. loss reported during the same period last year. Improvement was due in part to rebounding Japanese economy, according to the company...
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