By  on July 30, 2009

TOKYO — Shiseido Co. Ltd.’s first-quarter profits and sales slumped as consumer demand for cosmetics continued to weaken.


Net profit fell 57.8 percent to 4.32 billion yen, or $44.40 million at average exchange rates for the period, for the three months ended June 30. Sales declined 14.9 percent to 139.69 billion yen, or $1.43 billion.

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