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Shiseido Aims to Slash Expenses by 2004

November 14, 2005

JAPAN: Shiseido has introduced supply-chain management and small-volume products to improve profitability. The company is buying outdated products and seasonal items, and has an annual operating profit of $66 million. Executives said Shiseido also plans to slash depreciation expenses to $24.9 million in 2004 by trimming store inventories. About 2000 items are also being examined for their distribution costs in an effort to streamline operations.

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