Shiseido Company, Limited announced that it has decided to implement a change in its Representative Directors at the Board of Directors meeting held on October 29, as it sets an upper age limit per position for corporate officers based on its internal rules. In accordance with this basic principle, Yoichi Shimatani will retire from the position of Executive Vice President as of December 31, 2020, and as a result, he will also retire as Representative Director on the same date. Yukari Suzuki, who will newly assume the office of Representative Director as from January 1, 2021, has built an accomplished career at the Company and possesses a vast experience mainly in fields of marketing and brand development. Yoichi Shimatani will retire as Director due to the expiration of his term of office at the closing of the 121st Ordinary General Meeting of Shareholders scheduled to be held in late March 2021. Yukari Suzuki will assume the post of Representative Director as of January 1, 2021 by the resolution of the Board of Directors and will serve as Representative Director, Executive Corporate Officer.
Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).
SHISEIDO COMPANY, LIMITED 
