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About this Report

Publication of Integrated Report 2022

BEAUTY INNOVATIONS FOR A BETTER WORLD. Our corporate mission guides everything we do at Shiseido. As one of the outcomes of our vision for 2030, we are committed to finding solutions to social issues to realize a sustainable world where everyone can enjoy a lifetime of happiness through the power of beauty.
To realize this goal, Shiseido is implementing reforms in every major aspect, taking into account environmental changes caused by the COVID-19 pandemic. As a strategy for further growth starting in 2023, we have launched a medium-term strategy, SHIFT 2025 and Beyond, as we aim to become the world’s No.1 company in the skin beauty area.

To help better convey Shiseido's value creation efforts, our Integrated Report 2022 includes many candid essays from CEO Masahiko Uotani and Kentaro Fujiwara, appointed as President and COO starting in 2023, as well as other executive officers and external directors. In developing content for this year’s report, we conducted discussions based on integrated thinking, which included reviewing the value creation process, examining our capital, and organizing financial and non-financial investments to date.
We have also transformed the report using designs and modes of digital expression that represent who we are as a beauty company. At the same time, we realize the need to improve ease of use and readability. The report includes various usability features, including a search function and published a text version (PDF) to accommodate all our users.

Shiseido views the Integrated Report as a valuable disclosure document that conveys our value creation efforts as well as a communication tool that promotes dialogue both internally and externally. In producing the report, the Investor Relations Department took the lead and worked closely with the departments in charge of areas that include management strategy, sustainability strategy, R&D, human resources, D&I, legal affairs, finance, and risk management. Going forward, we will continue to actively engage in discussions on value creation across departments.

We hope that this report will be a valuable tool for dialogue with our stakeholders.

Publication of Integrated Report 2022

CFO and IR dep. Integrated Report team

Key Visual Concept

OUR MISSION 〜A Journey of Beauty〜
In 2022, Shiseido celebrated the 150th anniversary of its founding, and today, we are committed to making each day truly happy and fulfilling for people around the world through the power of beauty for the next 150 years.

Key Visual Concept

Site Functionality

As part of our digitization efforts, we have added the following functionality to the online integrated report to make it more user-friendly for investors and other readers.

Site Navigation
Site Navigation

At the bottom of each page is a navigation menu that makes it easy to keep track of which section you are browsing, access previous and next pages, and see the size of the current page.

Custom Reports
My Reports

You can now create a custom report page by clicking the "Favorites" button in the navigation menu, allowing you to easily review groups of pages at a later time.

Read/Unread Status Icons
Read Status Icons

The site menu provides an index of the report’s contents. These icons allow you to read content in any order you like without getting lost.

Keywords
Keywords

You can now check related pages using hashtags such as “#Messages” or “#Growth Strategy.” Use keywords to gather information on topics of interest or to organize research items.

Internal Search
Internal Search

The internal search function makes it easy to find exactly what you’re looking for within the Integrated Report.

Annotations
Annotations

In response to requests for improved readability and better annotations, we have introduced a way to display additional information by hovering your cursor over the corresponding symbol.

Downloadable PDF Version
Downloadable PDF Version

A text version of the Integrated Report 2022 in downloadable PDF format is available. We have added this function since Integrated Report 2021, in response to many requests for offline viewing or a PDF version.

Editorial Policy

Scope of Report and Reference Guidelines

Reporting Period
January 2022 – December 2022
Some information may refer to organizational structures and initiatives for 2023 if those have been recently updated.
Organization
Shiseido Company, Limited and its consolidated subsidiaries (collectively, the Shiseido Group)
Reference Guidelines
In the section of this report concerning Shiseido’s value creation, we have referred to the International Integrated Reporting Framework of the International Financial Reporting Standards Foundation and the Guidance for Integrated Corporate Disclosure and Company-Investor Dialogues for Collaborative Value Creation of the Ministry of Economy, Trade and Industry of Japan.
Reference Guidelines
Reference Guidelines
Date of Issue
April 2023

Information Disclosure

The purpose of this Integrated Report is to provide a comprehensive overview of Shiseido’s management policies and strategies for medium-to long-term value creation. Detailed financial information on the company is provided in the Investors section of the website, while information concerning our sustainability strategies and activities related to the environment and society can be found in the Sustainability section. More information, including basic company information, brands, R&D and production is available on the Shiseido Group corporate website.

Disclaimer

Notes on Consolidated Financial Statements

This report does not include the consolidated financial statements and notes on consolidated financial statements.
For the relevant financial information, please refer to Consolidated Financial Statements, which is available in the Investor section of the Shiseido Group corporate information website.

Notes on Forecasts

In this report, statements other than historical facts are forward-looking statements that reflect our plans and expectations. These forward-looking statements involve risks, uncertainties, and other factors that may cause actual results and achievements to differ from those anticipated in these statements.

Contact Information

Investor Relations Department
Shiseido Company, Limited

Address: 1-6-2, Higashi-shimbashi, Minato-ku, Tokyo 105-8310, Japan

Phone: +81-3-3572-5111 (Main)

INTEGRATED REPORT 2022
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