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Kao Earnings Increasingly Driven by Cosmetics Business — Market Talk

Kao's earnings are increasingly driven by its cosmetics business, Jefferies says in a note. The cosmetics business's top-line increased 6.9% in 2025. Roughly 30% of the increase in operating profit in 1H was attributable to the cosmetics business, analyst Hisae Kawamoto says. The Japanese consumer…

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Kao's earnings are increasingly driven by its cosmetics business, Jefferies says in a note. 9% in 2025. Roughly 30% of the increase in operating profit in 1H was attributable to the cosmetics business, analyst Hisae Kawamoto says. The Japanese consumer…