EL · All filings · Read this filing

What changed 10-K

Item 2. Properties

2021-08-27 compared with 2020-08-28 · 6 added, 1 removed, 23 unchanged (23% of the section changed)

14 unchanged sentences

eight for makeup;

three for skin care and fragrance;

two for skin care;

two for skin care and fragrance;

and one for skin care and hair care.

As demand changes, certain of our manufacturing facilities can produce products from categories other than their primary category.

In fiscal 2021, five of our primarily makeup facilities also produced a significant volume of skin care products.

In fiscal 2021, we began construction of a new manufacturing facility near Tokyo that we will own.

In fiscal 2021, we began construction at a newly leased site that will become our innovation center in Shanghai.

Construction is in progress and the facility is expected to be operational in late fiscal 2022.

We consider our properties to be generally in good condition and believe that our facilities are adequate for our operations and provide sufficient capacity to meet anticipated requirements.

5 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.