Shiseido Company,Limited (JP:4911) has released an update.
Shiseido Company, Limited has announced a strategic restructuring move by transferring the ownership of its flagship beauty store business to its subsidiary, THE GINZA Co., Ltd., through a simple absorption-type company split set to take effect on January 1, 2025. This decision is aimed at enhancing operational efficiency and streamlining business operations.
For further insights into JP:4911 stock, check out TipRanks’ Stock Analysis page.