Shiseido Company,Limited [4911.T]
TOKYO, May 12 (Pulse News Wire) – Shiseido Company,limited (4911.T) announced today that its subsidiary, Taiwan Shiseido Co., Ltd., will close its Hsinchu factory and shift production to domestic sites in Japan. This decision aligns with the company’s (mid-term management strategy) aimed at sustainable growth through global operational optimization.
Under the strategy's pillar of “Global Operation Evolution,” Shiseido plans to enhance global plant utilization rates and streamline operations. The closure of the Hsinchu factory, which produces products for the Taiwanese and broader Asian Pacific markets, is expected to conclude production in the first quarter of 2027 and complete by the end of the same year. As part of this restructuring, Shiseido anticipates non-recurring expenses totaling approximately ¥3.500 billion.
Of this amount, about ¥2 billion will be recognized in the fiscal year ending December 2026, which has already been incorporated into the previously disclosed earnings forecast for the same period. An additional expense of about ¥1.500 billion is projected for the fiscal year ending December 2027. In addition to the factory closure, Taiwan Shiseido intends to focus its resources on local distribution efforts, enhancing its agility in the regional market.
🟢 Confidence: High AI-translated content.