Milbon Co., Ltd. Reports Consolidated Earnings Results for the Year Ended December 31, 2020
February 12, 2021 at 12:00 am EST
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Milbon Co., Ltd. reported consolidated earnings results for the year ended December 31, 2020. For the year, the company's net sales were JPY 35,725 million compared to JPY 36,266 million a year ago. Operating income was JPY 6,394 million compared to JPY 6,751 million a year ago. Profit attributable to owners of parent was JPY 4,204 million compared to JPY 4,517 million a year ago. Basic earnings per share was JPY 129.24 compared to JPY 137.99 a year ago.
Milbon Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of hair cosmetics, as well as the provision of related services. The Company is involved in the provision of permanent wave lotions, including thioglycolic acid permanent wave lotion, cysteine permanent wave lotion and anti-frizz straightening lotion; hair care products, including shampoos, hair conditioners, hair treatment, hair tonics, hair creams, liquid and foamy hairdressing products, setting lotions and hair sprays; hair colorants, encompassing oxidation hair dyes, hair dyeing products and hair bleaches, as well as other products, including hair rods, rollers, flat irons and schedule books, among others.