Shiseido's interim financial results were in the red at a loss of 21.3 billion yen

Shiseido's interim financial results were in the red at a loss of 21.3 billion yen at 17:24 on August 6

Shiseido Co., Ltd., a major cosmetics manufacturer, posted a loss of 21.3 billion yen in the half-year financial results from January to June. This is due to the fact that consumers are refraining from going out due to the spread of new coronavirus infections, store closures, and the drop in cosmetics sales due to a large decrease in foreign tourists. Shiseido also forecasts that it will make a deficit of 22 billion yen in the final year, even though it has not yet decided.