Beyond Europe · China and Asia
Shiseido
4911.T · Tokyo. Prices to 23 Oct 2026. Updated 25 Oct 2026.
Japan's largest beauty group. Reports quarterly, with growth like for like.
Company tag
Recovering
- Sales. Like for like, Q2 2026 (Apr to Jun): +2% LfLstable
- Shares. +62.8% YTD vs Nikkei 225 +24.5%: +38.3 ptsrecovering
Same thresholds as the European Luxury Health Check, but against the local market: growth above 3% scores +1, below 0% scores −1; shares more than 5 points ahead of the Nikkei 225 year to date score +1, more than 5 points behind score −1. Total +1. This tag is separate and does not feed the European health score.
Key numbers
| Period | Revenue | Growth | Released |
|---|---|---|---|
| Q2 2026 (Apr to Jun) | H1 ¥499.0bn | +2% LfL | 5 Aug 2026 |
| Earlier periods | not yet verified |
Growth basis: like for like, as the company reports it. Download CSV
| Margin and valuation | Value | Source |
|---|---|---|
| Core operating margin, H1 2026 | 8.9% | source |
| Valuation (P/E, yield) | not yet verified |
What management said
Q2 2026 (Apr to Jun) Tone: improving
Released 5 Aug 2026. Back to like for like growth after −3% in Q1. Release.
- H1 net sales ¥499.0bn, flat like for like (Q1 −3%, Q2 +2%). source
- H1 core operating profit ¥44.4bn, up ¥21.1bn. source
- Full year guidance maintained. source
“Returned to LfL sales growth in Q2”
H1 2026 results presentation, source
Call: No public call transcript checked for this release. Not yet verified.
Annual report. IR library. Integrated report not yet reviewed.
Not yet verified: Q3 2026 (due early November). Q2 standalone net sales in yen. Earlier quarters for the four quarter table.
Sources
- Q2 2026 (Apr to Jun) release
- Share prices: Yahoo Finance daily closes
Last updated 25 Oct 2026. Quotes are copied verbatim from the linked releases.