THE WHAT? Following its deliberate change to its company governance construction, Shiseido has nominated candidates for the Board of Administrators and Company Govt Officers to be voted upon at its AGM in March, 2024.

THE DETAILS Takeshi Yoshida and Hiromi Anno have been nominated as Administrators, whereas Hiroshi Ozu, Yasuko Gotoh and Ritsuke Nonomiya will turn out to be Exterior Administrators (topic to approval). Masahiko Uotani’s position will likely be adjusted to Director, Consultant Company Govt Officer, Chairman and CEO whereas Kentaro Fujiwara can have his title tweaked to Director Consultant Company Govt Officer, President and COO.

THE WHY? The J-beauty behemoth is transitioning to an organization with three statutory committees as a part of a wider drive for profitability and sustainable progress.