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  "documentTitle": "Kao Corporation (4452.JP)",
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  "presentationDate": "2025-02-26 00:00:00",
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      "kind": "quote",
      "text": "We believe the question of whether Kao accelerates growth for beauty care and cosmetics in FY2025 is very important for achieving FY2025 guidance and the medium-term business plan",
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      "text": "The health & beauty care business did not perform as well as we were expecting, due partly to the booking of costs associated with business revamps and higher marketing outlays. The cosmetics business also continued to struggle.",
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      "text": "Growth strategies for health & beauty care and cosmetics look a bit underwhelming based on 4Q results and FY12/25 sales guidance",
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      "text": "[Hasebe] noted that cosmetics are a high-margin business and that the company would work towards a 15-20% OPM in the business without providing a timeframe",
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      "text": "\"We believe the question of whether Kao accelerates growth for beauty care and cosmetics in FY2025 is very important for achieving FY2025 guidance and the medium-term business plan\" — J.P. Morgan. \"The health & beauty care business did not perform as well as we were expecting, due partly to the booking of costs associated with business revamps and higher marketing outlays. The cosmetics business also continued to struggle.\" — Daiwa. \"Growth strategies for health & beauty care and cosmetics look a bit underwhelming based on 4Q results and FY12/25 sales guidance\" — SMBC. \"[Hasebe] noted that cosmetics are a high-margin business and that the company would work towards a 15-20% OPM in the business without providing a timeframe\" — CLSA.",
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      "text": "What do the analysts think?",
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