THE WHAT? Kose has reported its results for the first quarter of fiscal 2024. The J-beauty manufacturer saw sales leap 13.8 percent yoy (+9.9 percent excluding forex) to ¥77.5 billion while operating profit soared a massive 33.5 percent yoy to ¥7.9 billion.
THE DETAILS By region, Japan recorded net sales of ¥48.8 billion, up 18.2 pecrent yoy while net sales dropped 23.7 percent yoy in Asia, to ¥9.6 billion as a difficult market environment persisted in mainland China. Sales in Europe and North America rose 34.6 percent yoy, to ¥19 billion.
THE WHY? The J-beauty giant said that overall sales and profit increased as a result of strong sales of Tarte and Albion as well as major brands such as Sekkisei.
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
