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    4911   JP3351600006

SHISEIDO COMPANY, LIMITED

(4911)
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Shiseido : On Filing for International Arbitration by RepliCel Based on Terminated Contract

10/19/2021 | 01:02am EST

(Translation)

October 19, 2021

Name of Company:

Shiseido Company, Limited

Name of Representative:

Masahiko Uotani

President and CEO

(Representative Director)

(Code No. 4911; The First Section of the Tokyo Stock Exchange)

Contact:

Harumoto Kitagawa

Vice President

Investor Relations Department (Tel: +81 3 3572 5111)

On Filing for International Arbitration by RepliCel Based on Terminated Contract

On October 18, 2021 (PDT), RepliCel Life Sciences Inc. (headquartered in Vancouver, Canada; CEO and President: Lee Buckler; "RepliCel"), a Canadian bio-venture company, announced on its website that it had filed for international arbitration in accordance with the International Centre for Dispute Resolution (ICDR) Rules against Shiseido Company, Limited (the "Company") regarding the Company's termination of the Collaboration and Technology Transfer Agreement regarding hair cell technology in 2016.

It is the Company's policy to refrain from comments at this stage, except to say that the Company believes the allegations made by RepliCel lack merit and it will vigorously defend the action.

In the event that any matters requiring disclosure arise in the future, the Company will promptly announce such matters.

-End of News Release-

Disclaimer

Shiseido Co. Ltd. published this content on 19 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 October 2021 05:01:01 UTC.


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Sales 2021 1 043 B 9 198 M 9 198 M
Net income 2021 40 906 M 361 M 361 M
Net Debt 2021 79 465 M 701 M 701 M
P/E ratio 2021 63,1x
Yield 2021 0,76%
Capitalization 2 581 B 22 834 M 22 766 M
EV / Sales 2021 2,55x
EV / Sales 2022 2,50x
Nbr of Employees 39 035
Free-Float 97,4%
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Technical analysis trends SHISEIDO COMPANY, LIMITED
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 6 462,00 JPY
Average target price 8 427,63 JPY
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Masahiko Uotani Chairman, President & Chief Executive Officer
Michael Coombs CFO, Head-Finance, Accounting & Investor Relations
Atsunori Takano Chief Information Technology Officer
Yoko Ishikura Independent Outside Director
Kanoko Oishi Independent Outside Director
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