Shiseido Company, Limited (OTCPK:SSDOY) Q4 2024 Results Conference Call February 10, 2025 3:30 AM ET Company Participants Kentaro Fujiwara - President and COO Ayako Hirofuji - Chief Financial Officer Conference Call Participants Akiko Kuwahara - JPMorgan Securities Wakako Sato - Morgan Stanley MUFG Securities Mitsuko Miyasako - Mizuho Securities Hisae Kawamoto - Jefferies Katsuro Hirozumi - Daiwa Securities Takashi Miyazaki - Goldman Sachs Kentaro Fujiwara Today, I will first explain the key points of the results for 2024 and the outlook for 2025. And then CFO, Hirofuji, will explain the details of the results, and I will then explain the main issues to be addressed in 2025.
Shiseido's Q3 2024 results missed expectations, as the net sales decline for its travel retail segment worsened from -15% YoY in Q2 2024 to -38% YoY in Q3 2024. A medium-term valuation re-rating catalyst for SSDOY is the potential expansion in its operating margin that could allow it to command a higher multiple closer to that of its peer. I retain a Hold rating for Shiseido, considering the company's near-term financial underperformance and the presence of a potential mid-term catalyst.
Shiseido Company, Limited (OTCPK:SSDOY) Q3 2024 Earnings Conference Call November 7, 2024 3:30 AM ET Company Participants Kentaro Fujiwara - President and COO Ayako Hirofuji - CFO Conference Call Participants Akiko Kuwahara - JPMorgan Securities Oliver Matthew - CLSA Securities Wakako Sato - Morgan Stanley MUFG Securities Shima Yamanaka - SMBC Nikko Katsuro Hirozumi - Daiwa Securities Mitsuko Miyasako - Mizuho Securities Hisae Kawamoto - Jefferies Ayako Hirofuji From here, I would like to explain the third quarter performance for 2024. First please take a look at summary on Page 3.
![]() SSDOY 30 Dec 2021 | Other | $0.24 Per Share |
![]() SSDOY 29 Jun 2021 | Other | $0.18 Per Share |
![]() SSDOY 30 Dec 2020 Paid | Other | $0.18 Per Share |
![]() SSDOY 29 Jun 2020 | Other | $0.19 Per Share |
![]() SSDOY 30 Dec 2019 | Other | $0.27 Per Share |
6 Aug 2025 (57 Days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | - Cons. EPS | 0.06 EPS |
7 Feb 2025 Date | | - Cons. EPS | - EPS |
8 Nov 2024 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | - Cons. EPS | 0.01 EPS |
![]() SSDOY 30 Dec 2021 | Other | $0.24 Per Share |
![]() SSDOY 29 Jun 2021 | Other | $0.18 Per Share |
![]() SSDOY 30 Dec 2020 Paid | Other | $0.18 Per Share |
![]() SSDOY 29 Jun 2020 | Other | $0.19 Per Share |
![]() SSDOY 30 Dec 2019 | Other | $0.27 Per Share |
6 Aug 2025 (57 Days) Date | | - Cons. EPS | - EPS |
8 May 2025 Date | | - Cons. EPS | 0.06 EPS |
7 Feb 2025 Date | | - Cons. EPS | - EPS |
8 Nov 2024 Date | | - Cons. EPS | - EPS |
7 Nov 2024 Date | | - Cons. EPS | 0.01 EPS |
Household & Personal Products Industry | Consumer Defensive Sector | Mr. Kentaro Fujiwara CEO | OTC PINK Exchange | 824841407 Cusip |
JP Country | 27,908 Employees | 30 Dec 2020 Last Dividend | - Last Split | - IPO Date |
Shiseido Company, Limited, with its foundation laid in 1872, stands as a venerable entity in the realm of cosmetics, operating on a global scale. Headquartered in Tokyo, Japan, Shiseido not only marks its presence through the production and sales of cosmetics within its home country but also casts a wide net internationally, capturing a significant share in the beauty and personal care industry. Beyond its core operations in cosmetics, Shiseido extends its services into the restaurant and food sector, retail business, operates beauty salons, and supports professional training in hair and makeup through SABFA. Additionally, it takes a step further into corporate social responsibility by offering childcare facilities. The company ensures its products reach a wide audience through diverse channels including department stores, specialized cosmetic stores, drug stores, and general merchandise stores, thereby solidifying its position as a multifaceted corporation in the beauty and wellness sectors.