The Estée Lauder Companies

Beauty & cosmetics groups · EL

The Japan read

From the company's own filing for FY2026 (year to Jun 2026) · reported 2026-08-19 · the filing

JapanEstée Lauder's only Japan comment is market share: it gained prestige-beauty value share in Japan in the fourth quarter and the full year, with fragrance and makeup leading.
Not disclosedNo Japan sales figure: Japan sits in a redrawn Asia/Pacific region (now excluding mainland China, including global travel retail) whose $3.75bn sales rose 4%, led by Korea, Hong Kong and Hainan travel retail.
Not disclosedJapan falls below the 10%-of-sales line for country disclosure, yet it is the only country besides the US holding 10% or more of long-lived assets: $661m, down from $780m.

Other callouts in the filing

One-offAsia/Pacific's operating income leap to $823m from $180m flatters: the prior year carried $375m of intangible-asset impairments, and on an adjusted basis the region's profit rose 48%.
OutlookFor fiscal 2027 it affirmed 3–5% organic sales growth and raised its adjusted operating margin outlook to 12.7–13.5% from 12.5–13.0%, expecting a lift from travel-retail shipments in the first half.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

FY2026 (year to Jun 2026)

Reported 2026-08-19

Net sales$15.0bn+5.0%

Operating profit$0.8bn—

Net income$0.2bn—

Estée Lauder does not publish a Japan figure — it reports Japan only as market-share commentary, citing value-share gains through the year led by fragrance and makeup. What it does give is Asia/Pacific: net sales of $3.75bn, up 4%, with segment operating income of $823mn against $180mn a year earlier. Group net sales rose 5% to $15.05bn (organic +3%) and operating income swung to $780mn from a $785mn loss, so no growth rate is meaningful on that line; adjusted operating income rose 47% to $1.69bn. It guides FY2027 to organic growth of 3–5%.