Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Kao Corporation    4452   JP3205800000

KAO CORPORATION

(4452)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Kao and Lion Begin Collaboration on Recycling Field Testing

11/24/2020 | 09:31am EST

On September 10, 2020, it was announced that Kao Corporation and Lion Corporation would be collaborating on the recycling of film packaging, to help realize plastic packaging resource circulation in society.

With the assistance of Ito-Yokado Co., Ltd., a RecyCreation1 activity is being implemented at Ito-Yokado'sHikifune Store (Sumida-ku, Tokyo), with the aim of conducting separated collection field testing for used refill packs. Under this initiative, a special collection box has been installed in the store, to collect used refill containers (for laundry detergents and shampoo products, etc.) from store customers. Kao and Lion are trying to expand the scope of this recycling project by collaborating with more municipalities, businesses and stores in the future.

Kao has been promoting new system and lifestyle solutions for the resource-circulating society through the RecyCreation initiative since 2015. One of the specific measures that Kao has been implementing is the collection of used refill packs (for detergent and shampoo products, etc.) in collaboration with local residents and partner companies, for processing into recycled plastic; related activities are underway at five locations2 in Japan. In this current project, implemented jointly by Kao and Lion, a collection box for used refill packs was installed at Ito-Yokado'sHikifune Store starting from October 30, 2020. The collected refill packs are recycled to create plastic blocks and 3D printing filament (the raw material used when making objects with 3D printers). The items made from the recycled material have a wide variety of uses, for example being utilized in events held to spread awareness of the importance of recycling, and some of the material is used in the development of even more advanced recycling technology.

Kao and Lion aim to secure consumers' understanding of and support for recycling by spreading awareness of the concept of RecyCreation, by which new value is created from used items. Both companies are also working to establish comprehensive recycling supply chain for plastic resource circulation in society by creating a more effective refill pack recycling system, and working to improve existing recycling technologies and develop new technologies.

Purpose

To examine processes for separated collection of film packaging, such as used refill packs, etc., in collaboration with consumers and retailers.

Content

To enhance consumers' enthusiasm for recycling through RecyCreation

Collecting used refill packs for detergent and shampoo products, etc., at Ito-Yokado'sHikifune Store

Creating blocks and artworks ('Sumida-ku in 2050') using plastic recycled from used refill packs

Examining effective collection systems and developing new recycling technology

Implementation period

Starting from October 30, 2020

Location of collection box for used refill packs

Ito-Yokado'sHikifune Store (Sumida-ku, Tokyo)

As part of this initiative, the Ultra Modelers artists' collective, which makes art-works using 3D printing, has been creating 'Sumida-ku in 2050,' a 3D art-work using plastic recycled from refill packs. A concept film presenting this work was released on October 30, 2020. (Japanese only)

About Kao

Kao creates high-value-added products that enrich the lives of consumers around the world. Through its portfolio of over 20 leading brands such as Attack, Biore, Goldwell, Jergens, John Frieda, Kanebo, Laurier, Merries and Molton Brown, Kao is part of the everyday lives of people in Asia, Oceania, North America and Europe. Combined with its chemical division, which contributes to a wide range of industries, Kao generates about 1,500 billion yen in annual sales. Kao employs about 33,000 people worldwide and has 130 years of history in innovation.

Contact:

Tel: +81-3-3660-7043

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
KAO CORPORATION 0.84% 7685 End-of-day quote.-3.58%
LION CORPORATION -1.37% 2372 End-of-day quote.-5.04%
SEVEN & I HOLDINGS CO., LTD. 0.36% 3950 End-of-day quote.7.95%
All news about KAO CORPORATION
01/21Japan's Nikkei retreats from 30-year high as corporate earnings loom
RE
01/21KAO : and Lion Begin Collaboration on Smart Logistics Initiative
PU
01/14KAO : and Kyoto University Begin Verification Testing of a Used Disposable Diape..
AQ
01/13KAO : and Kyoto University Begin Verification Testing of a Used Disposable Diape..
PU
01/04KAO : Report Concerning Corporate Governance Updated
PU
2020KAO CORPORATION : Ex-dividend day for final dividend
FA
2020KAO : Changes of Executive Officers and Corporate Executive Fell
PU
2020Japan stocks end higher on gains in drugmakers, tech stocks
RE
2020Nikkei rises as pharma stocks gain on hopes of existing vaccines working on n..
RE
2020KAO : A season of royalty - John Bell & Croyden launches iconic British brand Mo..
AQ
More news
Financials
Sales 2020 1 390 B 13 391 M 13 391 M
Net income 2020 128 B 1 232 M 1 232 M
Net cash 2020 117 B 1 129 M 1 129 M
P/E ratio 2020 28,9x
Yield 2020 1,82%
Capitalization 3 694 B 35 587 M 35 584 M
EV / Sales 2020 2,57x
EV / Sales 2021 2,44x
Nbr of Employees 33 603
Free-Float 98,7%
Chart KAO CORPORATION
Duration : Period :
Kao Corporation Technical Analysis Chart | 4452 | JP3205800000 | MarketScreener
Technical analysis trends KAO CORPORATION
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 8 425,56 JPY
Last Close Price 7 685,00 JPY
Spread / Highest target 28,8%
Spread / Average Target 9,64%
Spread / Lowest Target -18,0%
EPS Revisions
Managers and Directors
NameTitle
Yoshihiro Hasebe President & Representative Director
Michitaka Sawada Chairman
Sonosuke Kadonaga Independent Outside Director
Toshiaki Takeuchi Representative Director
Osamu Shinobe Independent Outside Director
Sector and Competitors
1st jan.Capitalization (M$)
KAO CORPORATION-3.58%35 610
L'ORÉAL-4.67%201 930
SHISEIDO COMPANY, LIMITED-0.85%27 230
AMOREPACIFIC CORPORATION15.53%13 366
NATURA &CO HOLDING S.A.-6.04%12 421
PROYA COSMETICS CO.,LTD.8.37%5 986