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May 03, 2024
 

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COSMETICS

Seth Fischer, founder and chief investment officer of Oasis Management, says the fund has been investing in Kao for over four years and engaging with it for nine months.
BUSINESS / Companies
Apr 8, 2024
Activist Oasis reveals 3% Kao stake in battle for change at Japan cosmetics firm
Kao is the world's second-largest cosmetics and sixth-largest personal care product firm by revenue.
Activist investor Oasis Management says shares in Kao have the potential to rise by more than 70% from recent levels.
BUSINESS / Companies
Apr 4, 2024
Kao shares jump as activist investor Oasis calls for improved performance
Kao has "significantly underperformed” its competitors in sales growth, margins, return on equity and stock performance, Oasis said in a statement.
A prison officer looks around Tokushima prison in Tokushima in March 2018. The Justice Ministry announced Wednesday that male prisoners in Japan are to be allowed to have certain skin care products.
JAPAN / Society
Jan 24, 2024
Japan to allow male prisoners to use same skin care items as women
Under previous rules, the in-prison purchase and gift acceptance of the toiletry items were allowed only for female inmates.
Hoyu's Seto plant and logistics center in Seto, Aichi Prefecture
BUSINESS
Dec 29, 2023
China conducts off-site probe into Japanese cosmetics plant
The move is believed to be part of Beijing's efforts to increase scrutiny of foreign businesses that sell products in China.
Shiseido shares tumbled the most in 36 years on Monday after it slashed full-year profit forecasts on sluggish China demand.
BUSINESS / Companies
Nov 16, 2023
China slowdown adds to boycott woes for Japanese beauty stocks
Cosmetics firms are finding that reliance on the world's second-biggest economy to drive sales is a double-edged sword.
A Shiseido booth at the third China International Consumer Products Expo, in Haikou, Hainan province, in April
BUSINESS
Nov 10, 2023
Shiseido slashes profit forecast on Fukushima water release
Cosmetic products were at the center of a viral campaign that spread unproven safety allegations on Chinese social media platforms.
Shiseido products on display at a Nykaa Luxe store in Mumbai, India, in November
BUSINESS / Companies
Sep 15, 2023
Shiseido bets on India growth with first launch in a decade
Japan’s largest cosmetic firm has partnered with Indian retailer Shoppers Stop’s Global SS Beauty Brands and will open 14 stores in New Delhi and Mumbai.
Pola President Miki Oikawa (center) unveils skincare products designed for use in outer space's low-gravity during an event in Tokyo on Monday.
BUSINESS / Companies
Aug 29, 2023
Japan firms create 'space cosmetics' headed for ISS in 2024
A face wash and a lotion have been devised by Pola and ANA Holdings for use in outer space's low-gravity, resource-scarce conditions.
Staff at Youits by My Gakuya, a shop selling gender-free cosmetics that opened in Nagoya’s Sakae shopping district in April
JAPAN / Regional voices: Chubu
Jul 31, 2023
Cosmetics stores in Nagoya expand sales of gender-free makeup
Move reflects the recent trend of men becoming more conscious about grooming and the popularity of male K-pop idols wearing makeup.
A woman shops for cosmetics at a department store in Seoul in July 2020.
ASIA PACIFIC
Jul 28, 2023
Personal color analysis is fueling a global Gen Z tourism boom
The procedure aims to assign individuals flattering colors that can inform their choices around clothing, makeup and accessories.
Japan Times
BUSINESS / Economy
Jul 6, 2023
Seafood and beauty exports at risk over Fukushima waste disposal plan
China and Hong Kong, both major importers of Japanese goods, have reiterated concerns over the plan even after the International Atomic Energy Agency said the disposal strategy is safe.
Japan Times
BUSINESS
Jul 4, 2023
Return of tourists drives shift in Japan's top-selling goods in 2023
Increased sales of cosmetics and certain health goods, combined with declines for pandemic-related products, highlight the return of tourists and Japan's shift toward a post-COVID era.
Japan Times
BUSINESS
Jun 24, 2023
Some in China are boycotting Japanese cosmetics over Fukushima water release
The viral campaign began earlier this month when largely unproven allegations that water discharges from the plant are hazardous to health began trending on Chinese social media platforms.
Japan Times
COMMUNITY / Our Lives / 20 QUESTIONS
May 15, 2023
Takaaki Miyake: ‘The ideal of beauty depends on each individual, regardless of what gender they identify with’
After a decade working in the fashion industry, Takaaki Miyake left it to pursue a business in skin care, a field he associates with both physical and mental well-being.
Japan Times
BUSINESS / Companies / Regional Voices: Tohoku
May 8, 2023
Sendai firm banks on unique cosmetics specialty store
Shoen Sukiya's Perfumerie Sukiya S-Pal store boasts a floor space of 560 square meters and monthly sales of over ¥100 million.
Japan Times
JAPAN
Mar 10, 2023
From blush to crayons, cosmetics recycling on rise in Japan
Although harder to recycle than clothing, retailers and manufacturers are seeking ways to use old cosmetics in ways deemed less harmful to the environment.
Japan Times
BUSINESS / Companies
Mar 7, 2023
China's demand for Japanese cosmetics remains weak, says analyst
With premium brands now available online and on Hainan Island at lower prices than in the past, there is no longer a reason to travel to Japan just to buy them, Wakako Sato says.
Japan Times
JAPAN
Feb 2, 2023
Japan remains global laggard in fight against live animal testing
Only four companies in Japan are known to refrain from testing on animals and hold certification from PETA.
Japan Times
BUSINESS / Companies / Regional Voices: Kyushu
Jun 13, 2022
Shiseido joins wave of firms tapping Kyushu as Asia export gateway
Manufacturers' capital investment in the Kyushu and Okinawa regions in fiscal 2021 was up 25.3% from the previous year, much higher than the nationwide increase of 7.6%.
Japan Times
BUSINESS / Economy
May 17, 2021
Quality products drive rise in China's imports of Japanese cosmetics
China's imports of cosmetics from Japan in 2020 soared more than 30% from the previous year to about $4.3 billion, surpassing South Korea and other major suppliers.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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