Japan’s largest cosmetics company, Shiseido, today announced its financial results for its fiscal first quarter, which ended on June 30. Because of declining sales, particularly in Japan, the company posted a loss. The beauty market in Japan has been saturated and largely stagnant for...

Today Isetan Mitsukoshi Holdings released its results for its fiscal first quarter, running from April through June. Both sales and profit rose, but the company expects its full-year net sales to fall slightly. The following write-up on the results appeared online in Women’s Wear Daily...

Despite drawbacks related to the March 11 earthquake and tsunami, we have recently been seeing a lot of Japanese companies reporting increases in sales and profit, which is great news. The latest of these is Kao Corporation, which today reported that, despite its own forecast to the contrary,...

Today Fast Retailing, corporate parent of fast-fashion giant Uniqlo, released its financial results for the nine months ended May 31. Although its profit dropped significantly, the company said that for the most part, this was not to do with the recent earthquake and tsunami here. The...

Onward Holdings, which owns a host of Japanese fashion and apparel brands, while also acting as distributor for several international brands, announced its first quarter financial results today. As expected, the figures, which take in account the period of and just after the recent earthquake...

Japanese department store operator Takashimaya today announced its financial results for its fiscal first quarter, running March through May. As expected, its revenue was greatly affected by the March 11 earthquake and tsunami, but the retailer did say that business is already rebounding. The...

A week after downgrading its net profit forecast for the 2010 fiscal year, Isetan Mitsukoshi Holdings released its financial results today. The figures were in line with those predicted by the company last week, but the retail giant also noted the serious situation that Japanese companies are...

Just a week before it’s due to release its full-year results for the 2010 fiscal year, Isetan Mitsukoshi Holdings announced today that it has cut its profit guidance for the same period by over 12 billion yen. The summary below was published in the online version of Women’s Wear...

Japanese cosmetics, home and health care company Kao Corp. posted its full-year financial results today, reporting a profit gain of over 15 percent. The corporation, which owns such brands as Kanebo, Bioré and Molton Brown, said that its sales increased slightly, despite a loss incurred by...

Both department store operator Takashimaya and retailing group Onward Holdings announced their full-year financial results for 2010 last Friday, with Takashimaya notably predicting a nearly 40 percent drop in its profit for the coming year even while it posted growth for the past year. The...

Most people probably weren’t surprised to hear that retailers in Japan suffered from sales decreases this March, after a huge earthquake and tsunami devastated much of the country’s northeastern coast. But what might come as a surprise is an announcement by Fast Retailing,...

A group of 14 Isetan Mitsukoshi executives held a rare press conference in Tokyo today to discuss the company’s three-year plan moving forward (the two companies merged in 2007, but until now they’ve continued operating separately). The following summary of the conference was...