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While monitoring geopolitical risks, we aim to achieve the full-year plan.","jir_summary":"### Performance Overview\nIn Q1 FY2026, net sales reached 232 billion yen (actual YoY \u25b33%). Although deterioration in Japan-China relations was within expected bounds, certain brands experienced timing shifts and inventory adjustments leading to a decline in sales. Meanwhile, core operating profit was 13 billion yen (up \u00a54.8 billion YoY), securing a substantial profit increase supported by structural reforms and company-wide cost management. Operating income reached 12.3 billion yen (YoY +71%), quarterly profit was 8.4 billion yen (YoY +127%), EBITDA was 25.5 billion yen (YoY +22%), and free cash flow improved to -7.1 billion yen, representing a YoY improvement.\n\n### Regional, Brand-specific Trends and Future Outlook\nIn Japan, sales declined due to reduced inbound demand, but local brands and new products remained strong, maintaining profitability. In China and Travel Retail, demand trends are accurately captured with plans for full-year positive growth. The Americas are steadily progressing toward full-year profitability, led by major brands 'NARS' and 'SHISEIDO.' Europe experienced a decline due to initial shipment effects of new products but plans to recover in the second half. The company is accelerating structural reforms company-wide, aiming for over 25 billion yen in benefits for FY2026. While adapting to changing market conditions, flexible additional measures will be implemented to achieve the full-year plan.","jir_financial_highlights":"Net Sales: 232 billion yen (Actual YoY \u25b33%)\nCore Operating Profit: 13 billion yen (Up \u00a54.8 billion YoY)\nOperating Income: 12.3 billion yen (YoY +71%)\nQuarterly Profit: 8.4 billion yen (YoY +127%)\nEBITDA: 25.5 billion yen (YoY +22%)\nFree Cash Flow: -7.1 billion yen (Improved from previous YoY (+5.2 billion yen))","jir_category":"","jir_hashtags":"#Shiseido, #FinancialResultsExplanationMaterials, #JapanStocks","jir_key_figures":"Net Sales: 232 billion yen (actual YoY \u25b33%)\nCore Operating Profit: 13 billion yen (up \u00a54.8 billion YoY)\nQuarterly Profit: 8.4 billion yen (YoY +127%)","jir_meta_title":"\u3010Shiseido\u3011Q1 FY2026 Financial Results | Net Sales of 232 billion yen (Actual \u25b33%)","jir_meta_description":"Shiseido's Q1 FY2026 financial results explanation materials. Achieved net sales of 232 billion yen (actual YoY \u25b33%), core operating profit of 13 billion yen (up \u00a54.8 billion YoY). Monitoring geopolitical risks while aiming to achieve the full-year plan.","jir_og_title":"\u3010Shiseido\u3011Q1 FY2026 Financial Results | Net Sales of 232 billion yen (Actual \u25b33%)","jir_og_description":"Shiseido's Q1 FY2026 financial results. Net sales of 232 billion yen and core operating profit of 13 billion yen secured profit growth. Aiming to achieve the full-year plan considering geopolitical risks.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[]","ir_related_company":7604,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-48170","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n