Breaking News

Analysts Warm to Kao’s Sales Despite Profit Drop

March 4, 2008

JAPAN: Although Kao Corp.’s profit edged down in the April-December term due to higher material costs, analysts are giving a thumbs up to the firm’s solid domestic sales of personal care and consumer goods.

Kao reported a 2% year-on-year decline in operating profit to $900 million for the nine months ended Dec. 31, 2007. But in the October-December quarter, profit rose 2%, exceeding the firm's forecast.

The gain was driven by strong sales of household goods in Japan. While there was no specific hit product, a wide range of items from the Biore facial care series to upscale hair care lines bolstered sales.
  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Monday Morning Quarterback

    Monday Morning Quarterback

    Christine Esposito, Associate Editor||February 6, 2017
    Super Bowl commercials are big business. Let’s look at some of personal and household care brands that bought spots this year

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.