Company Overview of Kanebo Cosmetics Inc.
Kanebo Cosmetics Inc. engages in the research and development, and production of cosmetics. It manufactures skincare, makeup, and hair care products. It offers facial cleansing solutions, anti-aging skincare solutions, multi-color eye shadow palettes, water-rich foundations, powder gel liners, products for eyes, and markers. The company also offers solutions that address the causes of dark spots, freckles, brown skin pigments (melanin), and skin dullness. It offers its products through upscale perfumeries and department stores in Asia, Europe, the United States, and the Middle East. Kanebo Cosmetics Inc. was formerly known as Kanebo Boutique Co., Ltd. and changed its name to Kanebo Cosmetics...
Nihonbashi Kayabacho Chuo-ku
Founded in 1887
Key Executives for Kanebo Cosmetics Inc.
Chief Executive Officer, President, Director of the Customer Response Bureau and Representative Director
Chief Operating Officer, Director and Member of Nomination Committee
President of Kanebo Cosmetics (Europe) Ltd
President of Marketing Department, Executive Officer and Director
Senior Executive Officer of Finance and Director
Compensation as of Fiscal Year 2014.
Kanebo Cosmetics Inc. Key Developments
Kanebo Cosmetics Inc. Announces Earnings Results for the Year Ended December 31, 2014
Feb 4 15
Kanebo Cosmetics Inc. announced earnings results for the year ended December 31, 2014. For the year, the company reported net sales slightly less than ¥180 billion against approximately ¥180 billion a year ago. Profit slightly more than 7% against slightly less than 5% a year ago.
Woman Sues Kanebo Cosmetics Inc. for White Blotches
Sep 19 13
A 41-year-old woman who has suffered white blotches on her skin since using a Kanebo Cosmetics Inc. product has sued the company for a total of 48 million yen. The lawsuit, filed with Tokyo District Court, is believed to be the first among a number of women who have experienced white blotches on skin after using skin-whitening products made by the Japanese cosmetics company. According to her written complaint the Tokyo woman started using a product containing Rhododenol, a skin brightening ingredient developed by Kanebo, in July 2011. Around September of the same year, she began developing a number of symptoms, such as itchy skin and white blotches on her face, neck and arms. The woman is demanding compensation based on the product liability law and other legal provisions. She argues the symptoms could have been prevented from worsening if Kanebo had recalled the products or given warnings sooner. She still has the white blotches on her skin, also according the complaint. The company has already started paying the medical expenses of some victims, as well as compensation based on symptoms and the length of time required for recovery.
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