• Kyodo

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Shiseido Co. said Thursday it will build its first new domestic plant in 36 years to meet growing demand for cosmetics particularly from foreign visitors to the country, .

The company plans to invest about ¥40 billion ($355 million) on building the factory in Otawara, Tochigi Prefecture. It will be Shiseido’s fourth plant in Japan, and is slated to start production in fiscal 2019.

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