Shiseido transfers professional business to Henkel for 12.3 billion yen
Shiseido has decided to transfer the professional business of commercial hair care products such as "SHISEIDO PROFESSIONAL" in Japan and Asia to Henkel, Germany.
After transferring 100% of the related assets of the target business held by Shiseido in Japan to a subsidiary through the company split, 80% of the company's shares will be transferred to Henkel's subsidiary, and the shares and related assets of the target business overseas will be transferred. To a subsidiary of Henkel.
The transfer amount is 12.3 billion yen, and we aim to complete it by the end of June. The business results of the split business (FY2021) are sales of 15,866 million yen, operating profit of 757 million yen, and more than 500 employees (including researchers).
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