By  on February 8, 2019

TOKYO — Shiseido said Friday that its net profit, operating profit and sales all reached record highs in its most recent fiscal year. Its net profit more than doubled compared to a year earlier, due largely to a low comparative base resulting from an extraordinary loss related to Bare Escentuals in the previous fiscal year. Sales and operating profit in the period under review also grew.

Net profit for the 12 months ended Dec. 31 totaled 61.4 billion yen, or $559 million at current exchange, up from 22.75 billion yen in the previous year.

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