THE WHAT? Kao has reported its results for the nine months ended September 30, 2023. The Japanese consumer goods manufacturer saw sales drop 0.2 percent compared to the same period in 2022 to ¥1,125,883 million. Operating income plummeted 34.1 percent and diluted earnings per share dropped from 2022’s ¥123.82 to ¥70.
THE DETAILS By segment, the Cosmetics Business experienced the biggest drop, down 1.7 percent LFL, while Hygiene and Living Care put on 1.1 percent, Health and Beauty Care grew 3.1 percent and Life Care dipped 0.5 percent.
THE WHY? Kao attributed its muted performance to a market slowdown in China, which had previously been driving growth, geopolitical risk in Europe and the Middle East and persistent high costs due to inflation.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.