TOKYO — Impacted by rising fuel and raw material costs — plus greater marketing expenses than in its prior fiscal year — Kao Corp.'s profits fell 5.6 percent to 66.56 billion yen, or $664.3 million at average exchange, in the 12 months ended March 31.
Sales increased 7 percent to 1.32 trillion yen, or $13.16 billion, the Tokyo-based firm announced Wednesday. According to the company, its revenues were driven by a solid performance in each business segment — beauty care, health care, fabric and home care, plus chemicals. Sales growth was also boosted by the consolidation of Kanebo Cosmetics, which Kao acquired in 2006, for one month longer than in its previous fiscal year.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)