Integrated Report 2021
Publication of Integrated Report 2021
Editorial Policy
Shiseido's Value Creation
Value Creation Process
Diverse Professionals
Message from an Executive Officer
Value Creation Strategy
Beauty Innovation
Evolution of Value Creation Sources
Medium-to-Long-Term Strategy
WIN 2023 and Beyond
Progress of Our Strategy
Restructuring Our Business Portfolio
Supply Network Strategy
Accelerating Digital Transformation
2021 Results
Message from the CFO
Sustainability Strategy
Sustainability Management
Sustainability Initiatives
Corporate Governance
Message from an External Director
Features of Shiseido’s Corporate Governance
Risk Management
About Shiseido
Facts & Figures
Business Categories and Brands
Corporate Information, Stock Information, and External Evaluations
CONTENTS
Shiseido’s Value Creation
Message from the CEO
PICKUP CONTENTS
2021
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PHILOSOPHY