19 unchanged sentences
In fiscal 2023, four of our primarily makeup facilities also produced a significant volume of skin care products.
−Removed: In fiscal 2021, we began construction of a new manufacturing facility near Tokyo that we will own.
−Removed: Construction of the first phase was completed in fiscal 2022 and we expect the remainder of the site to be completed and operational in early fiscal 2024.
−Removed: In fiscal 2021, we began construction at a newly leased site that will become our innovation center in Shanghai.
−Removed: Construction is nearly completed and the facility is now expected to be operational in early fiscal 2023.
+Added: In fiscal 2023, we began limited production in our new owned manufacturing facility near Tokyo as we continued construction.
+Added: We expect the remainder of the site to be completed and operational in early fiscal 2024, with production levels scaling over the next few years.
+Added: In fiscal 2023, we completed construction of a newly leased site for our new Research and Development facility in China.
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.