Overview

• Shiseido's stock fell by 15.5%, reaching its daily limit of 700 yen in Tokyo trading.
• The company reported a first-half operating loss of 2.7 billion yen, compared to a profit of 13.6 billion yen last year.
• Weak consumer demand in China and 20.4 billion yen in restructuring costs heavily impacted earnings.
• Domestic sales showed resilience, bolstered by a tourism boom and steady local demand.
• Shiseido plans to develop a new management strategy by November to address ongoing challenges.