KOSE Holdings Corporation (4922) Stock Price

Market cap
¥353.4B
P/E ratio
27.5x
Kose manufactures and sells cosmetics globally through brands like Sekkisuisei, Cosme Decorte, and Jill Stuart, serving diverse beauty needs from skincare to makeup.

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Business Overview

Kose's primary business is the manufacture and sale of cosmetics. Domestically, the parent company Kose Corporation manufactures cosmetics, while Kose Cosmetics Sales Co., Ltd. handles their distribution. Additionally, consolidated subsidiaries such as Albion Co., Ltd. and Advance Co., Ltd. also engage in cosmetics manufacturing.

Internationally, companies including Taiwan Kose Co., Ltd. and Kose Hong Kong Limited manage the manufacture and wholesale of cosmetics. These subsidiaries import products manufactured by Kose and sell them in their respective local markets. Through this structure, Kose actively expands its presence in international markets.

Kose's product portfolio includes brands such as Sekkisuisei, Esprique, Cosme Decorte, Jill Stuart, and Addiction. These brands offer a wide range of products spanning skincare to makeup, addressing diverse customer needs.

Additionally, Kose operates a cosmetics accessories business, providing products such as Make Keep and Nail Holic. These products are sold through Kose Cosmenience Co., Ltd. and cater to everyday beauty needs.

Beyond cosmetics, Kose also manufactures amenity products and operates real estate rental operations. This diversification into non-cosmetics sectors establishes a stable revenue base across multiple business areas.

Management Policy

Kosé is pursuing growth in the cosmetics industry through its distinctive strategy. Since its founding in 1946, the company has upheld the mission of "bringing dreams and hope to people through cosmetics" and has remained committed to beauty and integrity. Under the message "Beautiful Wisdom for People, for the Planet," Kosé is working toward a sustainable future.

The company's medium- to long-term vision, "Your Lifelong Beauty Partner," was established in November 2024. This vision aims to provide diverse beauty options and support people worldwide in discovering their own unique radiance. Kosé will deepen its bonds with customers, business partners, the next generation, and the natural environment to enhance corporate value.

Kosé's growth strategy is built on two pillars: strengthening its domestic business foundation in Japan and driving growth in global markets. The company is particularly focused on acquiring locally rooted brands and promoting locally-driven marketing to optimize for regional needs. Additionally, Kosé aims to strengthen value delivery across genders and generations, bringing diverse beauty values to the world.

Quantitative targets have been set with 2030 as a milestone. The company targets a sales growth rate of CAGR +5% or higher and an operating profit margin of 12% or above to achieve sustainable growth. As non-financial targets, Kosé is also advancing initiatives to raise environmental awareness and reduce CO2 emissions, fulfilling its social responsibilities.

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