08.06.09
Japan
www.fancl.co.jp
Sales: $501 million
Key Personnel: Yoshifumi Narimatsu, chief executive officer and representative director; Kazuyoshi Miyajima, chairman and representative director; Tsuyoshi Tatai, chief operating officer and representative director; Yukio Ikemori, managing executive officer and director; Akira Yajima, executive officer and director; Kazuyuki Shimada, executive officer and director; Kenichi Sugama, executive officer and director; Haruki Murakami, executive officer and director; Mayuko Yamaoka, executive officer and director; Katsuhiko Egami, executive officer; Toru Tsurusaki, executive officer; Yasushi Sumida, executive officer.
Major Products: Cosmetics and skin care products sold under the Fancl, Attentir and Nicostar labels.
Comments: For the fiscal year ended March 31, 2009 Fancl’s sales in skin care and cosmetics rose 2.1% to nearly $501 million. Corporate sales were $980 million, which includes the company’s nutritional products.
For the year, Fancl branded skin care and cosmetics, which represent 76.7% of the company’s beauty sales, rose 1.5%, which the company attributed to the effects of renewals of skin care products, beauty essence and facial washing powder. Sales of Attenir cosmetics, however, fell 2.1%. By sales channel, mail order sales rose 0.6% and retail store sales slid 2.1% due to a decline in the number of shops.
In June, Fancl acquired shares in Neues K.K., a company that manages Estio beauty salons, part of its plan to expand beyond products to beauty salon services. Neues, which has 235 employees, will operate as a consolidated subsidiary of Fancl Corp.