Shiseido Company, Limited
4911・Prime Market・Chemicals
Shiseido Company, Limited4911
Shiseido Company, Limited4911
Reference Indicators
Market Cap
12,820¥100M
P/E (Forecast)
30.5x
P/B
2.1x
Dividend Yield (Forecast)
1.87%
ROE
-6.8%
EV/EBITDA
28.4x
Financial Summary
Unit: ¥M
| Item | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|
Net Sales | 1,035,165 | 1,067,355 | 973,038 | 990,586 | 969,992 |
Cost of Sales | 262,959 | 323,191 | 259,674 | 237,394 | 226,989 |
Gross Profit | 772,206 | 744,164 | 713,364 | 753,191 | 743,003 |
SG&A Expenses | 730,619 | 721,722 | 696,625 | 751,444 | 725,558 |
Operating Income | 41,586 | 46,572 | 28,133 | 7,575 | -28,788 |
Non-operating Income | 9,453 | — | — | — | — |
Non-operating Expenses | 6,204 | — | — | — | — |
Ordinary Income | 44,835 | — | — | — | — |
Extraordinary Income | 93,066 | — | — | — | — |
Extraordinary Losses | 64,644 | — | — | — | — |
Pre-tax Income | 73,256 | 50,428 | 31,037 | -1,265 | -27,715 |
Income Taxes | 28,344 | 12,845 | 6,860 | 8,028 | 12,048 |
Net Income | 42,439 | 34,202 | 21,749 | -10,813 | -40,680 |
EBITDA | 111,434 | 122,290 | 103,625 | 83,241 | 42,947 |
Gross Margin | 74.6% | 69.7% | 73.3% | 76.0% | 76.6% |
Operating Margin | 4.0% | 3.6% | 2.9% | 0.8% | -3.0% |
ROA | 3.6% | 2.6% | 1.7% | -0.8% | -3.2% |
ROE | 8.2% | 3.8% | 3.5% | -1.7% | -6.8% |
Segment Performance
Unit: ¥M
2026
| Segment | Net Sales | Operating Income | Operating Margin |
|---|---|---|---|
| 日本事業 | 295,343 | 38,972 | 13.2% |
| 中国・トラベルリテール事業 | 342,244 | 64,525 | 18.9% |
| アジアパシフィック事業 | 73,290 | 5,079 | 6.9% |
| 米州事業 | 106,584 | -11,566 | -10.9% |
| 欧州事業 | 141,129 | 3,949 | 2.8% |
| その他 | 11,399 | -1,259 | -11.0% |