Shiseido Company, Limited ("Shiseido") has announced a minority investment in Perfect Corp. (Taipei, Taiwan, "Perfect"), a leading AR and AI SaaS*1 solution provider, which is expected to be publicly listed on Nasdaq in connection with its de-SPAC transaction*2 with Provident Acquisition Corp., a special purpose acquisition company (SPAC). The transaction is expected to close by the third quarter of 2022.
*1 Software-as-a-Service: software licensing model in which access to the software is provided on a subscription basis, with the software being located on external servers rather than on servers located in-house
*2 de-SPAC transaction: A business combination transaction with a special purpose acquisition company (SPAC).
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Shiseido Co. Ltd. published this content on 03 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 March 2022 12:40:08 UTC.
Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).
SHISEIDO COMPANY, LIMITED 
