Japan's Shiseido aims to double operating income by 2020

TOKYO, Japan - Japanese cosmetics maker Shiseido Co Ltd is aiming to garner more than 100 billion yen ($855 million) in operating income in 2020, double the amount earned in the last financial year.

Unveiling a new business plan, Shiseido also said it is aiming for sales of more than 1 trillion yen by 2020, up from 762 billion yen earned in the year ended March.

Shiseido said it plans to change its business year to January-December from April-March from the next year.

$1 = 116.8700 yen
£1 = 184.223 yen