Kao Corporation this month announced a revamp of its cosmetics business strategy to accelerate growth. Positioned as a key growth driver within the Kao Group, the cosmetics business is targeting net sales of 400 billion yen and an operating margin of 15% at the earliest feasible timing after 2030.  In alignment with the medium-term management plan “K27,” Kao will pursue a set of strategic initiatives to drive further expansion. Kao will divide the six brands poised for global growth into t...