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The company acquired Zotos International Inc., the leading United States supplier of professional hair and salon products in 1988, and Davlyn Industries, Inc., a United States maker of cosmetics, the following year.
1989: Collaborates with Harvard University to establish the world’s first dermatological research center
In 1990 the company established Beauté Prestige International S.A. in Paris to develop and market fragrances.
In part this was a response to price deregulation in Japan which began in 1991.
In 1991 a joint venture called Shiseido Liyuan Cosmetics was set up with Beijing Liyuan Co. to develop, produce, and market premium cosmetics.
Shiseido introduced its first prescription drug in 1993 with Opelead, used in cataract surgery and cornea transplants.
Shiseido continued with it’s product development introducing a sun-care line in 1993 and other lines such as fragrances in the later 90s.
Two years later production began at a new factory in Beijing, which led in 1994 to the debut of the highly successful, high-end, Aupres line of cosmetics, developed exclusively for the Chinese market.
In November 1996 the company bought the North American Hair Salon Division of Helene Curtis Inc. from Unilever United States, Inc., thereby adding the Helene Curtis professional salon hair-care lines to those of Zotos.
Manufacturing capacity in North America was a concern, and in March 1997 Shiseido bought its fourth United States factory, planning to convert the New Jersey facility into one of the largest cosmetic plants in the world.
With sales in Asia and Europe increasing, Shiseido moved to increase its capacity by starting construction on a second plant in Taiwan in May 1997, and by reaching an agreement in June 1997 to develop a new production site in France's Loire region, which began operations a couple of years later.
Helene Curtis Japan Inc. was added in early 1997.
1997 marked the 100th anniversary of Shiseido’s entry into the cosmetics industry.
In 1998 Shiseido opened its first freestanding retail unit in the United States, an outlet called 5S that was located in New York City's SoHo district.
Also in 1998, Shiseido further bolstered its United States professional hair-care lines with the acquisition of the hair-salon business of Lamaur Corporation.
Also in 1999, the company introduced its cié de peau Beauté line of cosmetics into international markets as a top-of-the-line brand.
Adding to its portfolio of brands, Shiseido in 2000 purchased majority control of Laboratories Decléor S.A., the leading aromatherapy cosmetics manufacturer in France, and also purchased the Sea Breeze line of hair-care and body-care products from Bristol-Myers Squibb Company.
Other overseas brands acquired in 2000 included the professional makeup brand Nars and the male grooming line Zihr.
In fiscal 2001 the company reported its first net loss in 55 years, a Y45.09 billion ($372.3 million) shortfall stemming from a Y69.07 billion ($570.3 million) writeoff of a shortage in retirement and pension obligations.
2001 Shiseido suffers its first net loss in 55 years.
In 2002 this venture began opening up aura science shops, the first of which opened in Columbus, Ohio.
In September 2003 the company announced plans to create a cosmetics store network in China similar to the one it had built at home.
Inaugurates the Camellia Club and commemorative gifts (through 2003)
2003 Plans to build a retail network in China comprised of approximately 5,000 stores are launched.
In 2004, in Tokyo, Shiseido launched its first “Shiseido Global Beauty Consultant Contest,” an opportunity for the company's 13,000 storefront beauty consultants (BCs) to compete to demonstrate the beauty and customer service techniques they've cultivated through their daily activities.
2004 saw Shiseido introduce a line specifically for Apes and Gentleman around the world; Shiseido for men.
2004 Company initiates its first early-retirement program, paring the workforce by more than 1,300.
The Maquillage brand, which took its name from the French word for makeup, was launched in August 2005 as a blending of two former makeup brands, Piéds Nus and Proudia.
Further, in 2005 Shiseido announced a corporate message.
The retirement program resulted in a special loss of Y30.99 billion ($295.1 million) for fiscal 2005 as well as a return to red ink, a net loss of Y8.86 billion ($84.3 million).
The men's brand Uno was reintroduced that same month, followed by the debuts of the skin-care brand Aqua Label, which was aimed at the self-selection market centered on drugstores, in February 2006, and the hair-care brand Tsubaki, in March 2006.
In March the company announced plans to close two domestic manufacturing facilities, located in Kyoto and Tokyo, by 2006.
Scheduled for launch later in 2006 were Elixir Superieur, a new low-end to mid-range skin-care line, and Integrate, a new makeup line.
While this aggressive rollout continued, Maeda also had to contend with a newly enlarged domestic competitor as Kao Corporation secured for itself the number two position in Japanese cosmetics by acquiring the cosmetics arm of Kanebo, Ltd. in early 2006.
2007: Celebrity makeup artist Dick Page signs on a Creative Director of Makeup.
In April 2008, with the purpose of developing and strengthening personnel who will back up Shiseido in China, Shiseido established “Shiseido Training Center China” in Shanghai.
Shiseido aimed to manage a chain of approximately 5,000 stores, mainly located in coastal cities, by 2008 and to boost annual sales in China from about Y20 billion to Y100 billion.
Announces The Shiseido Way (corporate behavior) and announces The Shiseido Code (corporate ethics and behavior standards)(Reintroduced in 2011 as the Shiseido Group Corporate Philosophy under the banner "Our Mission, Values and Way.")
2011: Opens a spectacular new flagship store “Shiseido The Ginza”
Retains Laboratories Decleor SAS in France(sold in April, 2014)
Establishes Ayura Laboratories, Inc.(sold in August,2015)
Ofuna Factory completed (subsequently renamed Kamakura Factory, continued until 2015)
2015: Signs a multi-year partnership with the Canadian Synchronized Swimming Team
2015: Launches the first sunscreen that gets stronger when wet.
Establishes Shiseido Europe Research Center (reorganized to Europe Innovation Center in 2016)
Opens Shiseido Research Labs in Yokohama (renamed Shiseido Global Innovation Center in 2019)
Formulates Medium-to-Long Term Strategy "VISION 2020"
Acquisitions of Bare Escentuals,Inc.(sold in December,2021)
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Laura Mercier Cosmetics | 1996 | $77.0M | 623 | 28 |
| Mitsubishi | 1954 | $100.6B | 5,882 | 48 |
| Alliant Credit Union | 1935 | $287.8M | 658 | 64 |
| QC HOLDINGS | 1984 | $153.1M | 1,244 | 55 |
| Greystone Graphics, Inc. | 1998 | $7.3M | 100 | - |
| Wieland | 1977 | $480,000 | 7 | 98 |
| The InterGroup | 1965 | $57.6B | 28 | - |
| MPS Horticulture | 1912 | $520.0M | 1,800 | - |
| RTS International | - | $8.5M | 90 | 4 |
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