Shiseido : Consideration and Policy, etc. Regarding the Reduction of Investment Share Units
February 26, 2021 at 01:02 am EST
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(Translation)
February 26, 2021
Dear Sirs and Madams,
Name of Company: Shiseido Company, LimitedName of Representative:
Masahiko Uotani
President and CEO (Representative Director)
(Code No. 4911; The First Section of the Tokyo Stock Exchange)
Contact: Harumoto Kitagawa
Vice President
Investor Relations Department
(Tel: +81 3 3572 5111)
Consideration and Policy, etc. Regarding the Reduction of Investment Share Units
1. Consideration regarding the reduction of investment share units
Shiseido Company, Limited ("the Company") recognizes the reduction of investment share units as an effective measure for the vitalization of the stock market linked to greater investor participation, improved liquidity, etc.
2.
Policy regarding the reduction of investment share units
In October 2009, the Company carried out a reduction in the number of shares in a single investment unit from 1,000 to 100 shares.
The Company will continue to consider the reduction of investment share units in the future, while taking into comprehensive consideration such factors as stock price, stock market trends and stockholder composition, as well as stock trading volume.
Note: Investment share units of the Company stock exceed 500,000 yen as of December 31, 2020, and accordingly, this disclosure is carried out pursuant to Rule 409 of the Securities Listing Regulations
(disclosure regarding the reduction of investment share units) as prescribed by the Tokyo Stock Exchange.
-End of News Release-
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Shiseido Co. Ltd. published this content on 26 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 February 2021 06:02:06 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%).