Japan kao half fiscal year operating profit is expected to decline

by:Lisson     2020-11-25
Recently, there are media reports said Japan kao group profitability is not very ideal, during the first half of its operating profit fell in %, roughly billion yen, earlier billion yen with little decline. According to the analysis, such as hair dye hair care products and beverage products such as the sales is the most important reason to affect the profit. In Japan with bright color dye hair is reducing the number of young people, therefore, the demand of color agent has narrowed. In addition, the company's chemical business also in the fierce competition with their colleagues. Kao chemical business of overseas sales, compared with the daily necessities were more vulnerable to the effects of global economic change. Half year this year, Europe's economy continues to weaken, kao chemical business in Europe have also been strong competition. Kao is expected the next revenue profits will continue to perfect. Edit: jingjing
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