Flash | 20 Aug 2026 06:36:32 ET │ 11 pages Shiseido (4911.T) July: Brisk growth in duty-free sales and cosmetics imports on Hainan Island, China CITI'S TAKE Buy | Price (20 Aug 26 15:30) | ¥3,668.0 | | --- | --- | | Target price | ¥3,400.0 | | Expected share price return | -7.3% | | Expected dividend yield | 1.6% | | Expected total return | -5.7% | | Market Cap | ¥1,465,822M | | | US$9,267M | Hiroki WatanabeAC +81-3-6776-8296 hiroki.watanabe@citi.com See Appendix A-1 for Analyst Certification, Important Dis ...

核心观点 - Coty在第四财季营收意外增长，得益于香水和化妆品需求的韧性 [1] - 公司表示2027财年将是“过渡年”，期间将进行战略评估 [1] 财务表现 - 第四财季营收出现意外增长，未提供具体数字 [1] 业务展望 - 2027财年被定义为“过渡年”，公司将在此期间开展战略评估 [1] 行业需求 - 香水和化妆品需求保持韧性，支撑了公司营收增长 [1]