Kose Corporation Pushes Global Expansion With R&D And Innovation

Japanese cosmetics company Kose Corporation reported net sales grew 20 percent and operating profit rose 90 percent year on year for the third quarter in 2015. According to company president and CEO Kazutoshi Kobayashi, the company’s focus on research and development has enabled it to expand its global operations and gain recognition in the market. Expected to help the company grow as a global business, its Vision 2020 long-term strategic plan is aimed at expanding sales to 250 billion yen by 2020. Kobayashi said his company will continue its emphasis on R&D and will keep on diversifying and improving products in order to achieve its Vision 2020 targets.