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Builds first plant in country since 1980s.
February 3, 2016
By: TOM BRANNA
Editor
The benefits of Abenomics may be suspect, but that's not stopping Shiseido from investing in its home country. Asia's biggest beauty company will build a manufacturing plant in Osaka Prefecture—its first plant in Japan in more than 30 years. Shiseido, one of the biggest global beauty manufacturers, will spend about 40 billion yen ($328 million) to build a facility in Ibaraki, located in Osaka Prefecture. Construction is slated to begin in 2018 on a roughly 72,000-sq.-meter plot—twice a...
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