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$12 Billion Japan Cosmetic & Beauty Giant Shiseido Chairman & CEO Masahiko Uotani to Retire at the End of 2024 with COO Kentaro Fujiwara to Succeed as CEO, Masahiko Uotani Will Remain as Senior Advisor in 2025, Shiseido Founded in Japan in 1872
2nd August 2024 | Hong Kong
Japan cosmetic & beauty giant Shiseido ($12 billion market value) Chairman & CEO Masahiko Uotani will be retiring at the end of 2024, with COO Kentaro Fujiwara to succeed as CEO. Masahiko Uotani will remain as senior advisor in 2025. Shiseido was founded in Japan in 1872, and has a current market value of $12 billion. Shiseido: “Since 2019, Shiseido has been proceeding with a five-year CEO succession plan. At the Board of Directors on November 10, 2022, Kentaro Fujiwara was appointed as a CEO candidate to the position of President and COO, which was announced along with the retirement in December 2024 of Masahiko Uotani. The two have been working together to complete a successful leadership transition. Because this has been proceeding smoothly according to the announced plan, the Board adopted the resolution today.” Shiseido – Arinobu Fukuhara founded Shiseido in 1872 as Japan’s first private Western-style pharmacy based on his will to provide high-quality medicine so that people could lead healthy lives. Following this, Shinzo Fukuhara launched a full-scale cosmetics business, which became the foundation of Shiseido’s global cosmetic business today. Arinobu strived for a better world through medicine. Shinzo aimed to enrich people’s lives through beauty. Shiseido was founded on the dream of bringing health, beauty, and happiness to people and on innovations to make the dream come true. The dreams of Arinobu and Shinzo Fukuhara have been passed down through the years to Shiseido today.
“ $12 Billion Japan Cosmetic & Beauty Giant Shiseido Chairman & CEO Masahiko Uotani to Retire at the End of 2024 with COO Kentaro Fujiwara to Succeed as CEO, Masahiko Uotani Will Remain as Senior Advisor in 2025, Shiseido Founded in Japan in 1872 “
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$12 Billion Japan Cosmetic & Beauty Giant Shiseido Chairman & CEO Masahiko Uotani to Retire at the End of 2024 with COO Kentaro Fujiwara to Succeed as CEO, Masahiko Uotani Will Remain as Senior Advisor in 2025, Shiseido Founded in Japan in 1872
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