Shiseido Looks to Increase Global Reach With New Innovation Center

TOKYO — Shiseido continues its push to become a bigger player in the international cosmetics industry with a newly opened global innovation center in the Japanese city of Yokohama, about an hour southwest of Tokyo. With a total of 17 floors and 604,730 square feet of space, the building will include a variety of research and development facilities, as well as areas that will be open to the public starting from April 13. The company invested more than 40 billion yen, or nearly $400 million, in the center.

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