Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue August 2014
 •  Arden's Sales Drop 13.4%  •  Dollar Store Wars  •  New Drakkar Hits Counters This Month  •  Morinda Expands With Therapy Gel  •  China Glaze Revamps Website
Print

Kao’s 24-Year Growth



Published July 10, 2006
Related Searches: products household growth household product
Post a comment
TOKYO: Kao Corp. announced that its consecutive streak of year-on-year group pretax profit growth has ended at 24 years, with fiscal 2005 figures falling short of fiscal 2004 on the weak performance of its mainstay home products division and the weight of its acquisition of Kanebo Cosmetics Inc. The manufacturer of household products also said that it expects group pretax profit for fiscal 2006 to decline 3%, but group net profit is expected to increase due to reduced tax liabilities stemming from the acquisition.


blog comments powered by Disqus