Lion sets up Sukin Japan unit with capital of JPY 60 million to import, distribute skincare brand

• Lion will set up a wholly owned Japan unit to import and distribute Australian natural beauty brand Sukin, targeting a broader Asia rollout.
• New subsidiary Sukin Japan launched July 6, 2026 with capital of JPY 60 million; operations slated to start Sept. 1, 2026.
• Imports and distribution of Sukin skincare products in Japan set to begin in November 2026.
• Group expects a minor impact on consolidated results for the year ending Dec. 31, 2026.

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