FANCL

FANCL Corporation is a Japanese beauty and health company whose name is closely associated with additive-free skincare, sensitive-skin research, nutritional supplements, and direct-to-consumer retail. The business began in 1980 when founder Kenji Ikemori started selling cosmetics after seeing the skin problems experienced by his wife and other consumers. FANCL’s founding idea was that products intended to improve appearance should not contain unnecessary ingredients that could irritate the skin. The company initially developed small-volume cosmetics packaged in compact containers to help preserve product freshness without relying on conventional preservative systems. FANCL Corporation was incorporated on August 18, 1981, originally under the name Japan Fine Chemical Sales Co., Ltd., and subsequently built a business around cosmetics and health foods. The company’s early growth was supported by mail-order sales, customer consultations, compact packaging, and a service model that placed consumer feedback at the center of product development. Its additive-free positioning differentiated it from mainstream cosmetics at a time when concerns about cosmetic irritation and so-called cosmetic pollution were becoming more visible in Japan. FANCL later broadened its portfolio from basic skincare into makeup, cleansing products, beauty-support products, dietary supplements, functional foods, green juice, and other health-oriented offerings. Its business model has generally combined research and development, product planning, manufacturing, direct retail, online and catalogue sales, wholesale distribution, and overseas operations. FANCL’s principal beauty activities include additive-free skincare, facial cleansing, makeup removers, moisturizers, lotions, emulsions, anti-aging and beauty-care products, makeup, and products for sensitive or environmentally stressed skin. The company has also developed a substantial health-food business. Products and lines associated with the health portfolio include Calolimit, Enkin, Endolipid Support, Aojiru green juice, age-oriented supplement ranges, and other nutritional and functional products. FANCL’s “inner and outer beauty” approach links skincare and nutrition rather than treating cosmetics and supplements as entirely separate categories. The company expanded its physical retail presence during the 1990s, opening its first domestic store in 1995 and its first overseas store in 1996. It was listed on the First Section of the Tokyo Stock Exchange in 1999 and later became a constituent of the Prime Market following the exchange’s market restructuring. FANCL also introduced new service and product concepts, including supplement and medicine-interaction support, functional foods, age-specific supplement series, and continued redesigns of its additive-free skincare portfolio. FANCL’s corporate history includes a period of management restructuring. Founder Kenji Ikemori stepped away from the company in 2003 and returned in 2013, when the business began a recovery and revitalization phase. In August 2019, Kirin Holdings acquired approximately 33 percent of FANCL’s voting rights and entered into a capital and business alliance with the company. The partnership connected FANCL’s expertise in skincare, health foods, consumer insight, and direct sales with Kirin’s fermentation, biotechnology, immunology, and Asia-Pacific health-science capabilities. In 2024, Kirin launched a tender offer intended to make FANCL wholly owned. Kirin completed the tender offer in September 2024, obtained a controlling position, and subsequently completed the procedures that made FANCL a wholly owned subsidiary. FANCL was delisted from the Tokyo Stock Exchange on December 18, 2024. The company continues to operate as an active member of the Kirin Group rather than as an independent listed issuer. Its current strategy emphasizes preserving FANCL’s founding philosophy and brand identity while using Kirin Group resources to accel…

FANCL’s origins date to 1980, when Kenji Ikemori began a personal cosmetics business motivated by concern over skin irritation and the difficulty many consumers experienced with conventional products. The company’s founding concept was that cosmetics designed to make people more beautiful should not contain ingredients that could unnecessarily interfere with healthy skin. Ikemori initially introduced mildly acidic cosmetics and sold them through mail order, using self-produced leaflets and direct customer communication to reach consumers. FANCL’s early product innovation centered on additive-free cosmetics. In 1982, the company introduced a small-volume additive-free cosmetic packaged in a 5-milliliter vial. The compact format helped the business manage freshness while supporting its effort to minimize the use of conventional preservatives and other unnecessary additives. This packaging became a visible expression of the brand’s product philosophy. FANCL also developed customer-support services, including beauty consultation, member publications, and later telephone assistance related to the combination of supplements and medicines. The corporate entity that became FANCL Corporation was established on August 18, 1981, originally as Japan Fine Chemical Sales Co., Ltd. During the 1980s, the company expanded its mail-order infrastructure and consumer communications. In 1984, Ikemori launched the member magazine Esposoir, giving FANCL a direct channel for explaining products and maintaining an ongoing relationship with customers. The company’s direct-sales orientation remained important even as it later developed stores, wholesale relationships, online commerce, and overseas distribution. During the 1990s, FANCL moved from a specialist mail-order cosmetics business toward a broader retail and international operation. It opened its first domestic store in 1995 and its first overseas store in 1996. The company introduced additive-free makeup, including the Belle Mer line, and developed distinctive packaging and fulfillment methods. In 1992, it introduced a postal-box-sized shipping package, allowing orders to fit through consumers’ mail slots and making delivery more convenient. FANCL was listed on the First Section of the Tokyo Stock Exchange in 1999. The company expanded beyond skincare during the 2000s. It entered the Aojiru green-juice business, launched dry germinated brown rice, and developed a larger range of nutritional supplements and health foods. In 2003, founder Kenji Ikemori retired from day-to-day leadership, transferring responsibility to a subsequent generation of managers. In 2004, FANCL introduced a telephone service designed to help customers check possible interactions between its supplements and medicines. This reflected the company’s broader attempt to combine product sales with practical consumer guidance. FANCL’s cosmetics business was rebranded and its additive-free skincare portfolio was renewed in 2012. In 2013, Ikemori returned to the company during a period of management reconstruction and business recovery. The company subsequently introduced functional-label foods in 2015 and an age-specific supplement series later that year. These developments reinforced the idea that FANCL operated across both external beauty and internal health rather than within cosmetics alone. A major corporate turning point came in 2019, when Kirin Holdings acquired approximately 33 percent of FANCL’s voting rights and entered into a capital and business alliance. The relationship was built around complementary capabilities: FANCL contributed knowledge of skincare, health foods, product development, customer relationships, and direct-to-consumer channels, while Kirin contributed fermentation, biotechnology, immunology research, and a broader Asia-Pacific health-science platform. The companies pursued cooperation in materials, product and brand development, joint research, business development, and shared infrastructure. In 2024, Kirin moved to convert its investment into full ownership. It launched a tender offer in June, completed the offer in September, and then proceeded with the remaining corporate steps needed to make FANCL a wholly owned subsidiary. FANCL’s shares were delisted from the Tokyo Stock Exchange Prime Market on December 18, 2024. The transaction changed FANCL’s legal and capital-market status, but Kirin stated that FANCL would retain the brand character and founding philosophy that had supported its consumer franchise. Following the acquisition, management changes placed Hideki Mitsuhashi in the role of president and representative director. FANCL is now positioned within Kirin’s Health Science business alongside companies and brands such as Blackmores and Kyowa Hakko Bio. Collaboration has included health-oriented product development and Calolimit-related beverages. In 2026, FANCL introduced FANCL Vision 2035, a long-term plan intended to make the brand more globally recognized, deepen research and development, expand overseas activity, and continue the founding mission of eliminating consumer anxieties, dissatisfaction, inconvenience, and other perceived negatives through products and services.

1. 2026FANCL Vision 2035 announced

   FANCL introduces a decade-long vision focused on global brand trust, research, overseas expansion, and cooperation with the Kirin Group.

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2. 2025FANCL marks its 45th anniversary

   The company presents its history and product philosophy through a 45th-anniversary program.

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3. 2024Kirin begins the full-ownership process

   Kirin launches and completes a tender offer that leads to FANCL becoming a consolidated and subsequently wholly owned subsidiary.

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4. 2024FANCL is delisted

   FANCL shares are delisted from the Tokyo Stock Exchange Prime Market on December 18, 2024.

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5. 2019Kirin takes a strategic stake

   Kirin Holdings acquires approximately 33 percent of FANCL’s voting rights and forms a capital and business alliance.

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6. 2015Functional foods and age-specific supplements introduced

   FANCL launches functional-label foods and a supplement series organized around different age groups.

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7. 2013Founder returns during business reconstruction

   Ikemori returns to FANCL as the company undertakes management reconstruction and works toward business recovery.

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8. 2012Additive-free skincare is rebranded

   FANCL renews and repositions its cosmetics business around additive-free skincare.

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9. 2004Supplement and medicine-interaction support introduced

   FANCL opens an SDI telephone service to help customers check possible interactions between supplements and medicines.

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10. 2003Founder steps away from management

    Kenji Ikemori retires from active management and the company transitions to a new generation of leadership.

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11. 1999FANCL is listed on the Tokyo Stock Exchange

    FANCL is listed on the First Section of the Tokyo Stock Exchange.

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12. 1996First overseas store opens

    FANCL opens its first overseas store as it begins expanding beyond Japan.

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13. 1995First domestic FANCL store opens

    The company opens its first domestic retail store, beginning a broader store-based customer experience alongside mail order.

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14. 1993Additive-free makeup expanded

    FANCL launches the Belle Mer additive-free makeup line.

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15. 1992Postal-box-sized shipping introduced

    FANCL introduces compact delivery boxes designed to fit through household mail slots, improving convenience for direct-order customers.

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16. 1984Esposoir member magazine launched

    Founder Kenji Ikemori launches the Esposoir customer magazine as a direct communication channel for mail-order members.

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17. 1982Small-volume additive-free cosmetics introduced

    FANCL develops additive-free cosmetics in 5-milliliter vials, combining freshness-oriented packaging with its additive-free product philosophy.

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18. 1981FANCL’s corporate predecessor is established

    Japan Fine Chemical Sales Co., Ltd., the corporate predecessor of FANCL Corporation, is established on August 18, 1981.

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19. 1980Ikemori begins the cosmetics business

    Kenji Ikemori personally starts selling cosmetics and introduces mildly acidic products through mail order, establishing the business that would become FANCL.

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Mid-to-premium Japanese beauty and health company focused on additive-free formulations, sensitive-skin expertise, freshness, consumer trust, and the integration of external beauty with internal health.

• Additive-free skincareSkincare1980

  FANCL’s core skincare business is built around additive-free formulations and sensitive-skin expertise. The portfolio includes facial lotions, emulsions, moisturizers, cleansers, beauty essences, anti-aging products, and other daily-care items. The brand emphasizes freshness, careful formulation, skin compatibility, and the use of only necessary ingredients. Its compact packaging and direct customer-support heritage remain important parts of the product story.

• Mild Cleansing OilCleansing

  Mild Cleansing Oil is one of FANCL’s best-known cleansing products and represents the company’s combination of makeup removal, ease of use, and skin-comfort positioning. It is associated with the brand’s additive-free beauty identity and is marketed as part of a broader routine that removes makeup and impurities while supporting a comfortable skin feel.

• Additive-free makeupMakeup1993

  FANCL’s makeup business extends its additive-free philosophy beyond skincare. It has included face powders, base makeup, color cosmetics, and other beauty products designed for consumers who are concerned about skin sensitivity or unnecessary ingredients. The company’s historical Belle Mer line was an early example of its move into additive-free makeup during the 1990s.

• CalolimitFunctional food and supplements

  Calolimit is a FANCL health brand associated with weight-management and dietary-support products. It is part of the company’s broader nutritional-supplement portfolio and has also served as a platform for collaboration with Kirin and Mercian in health-oriented beverages. The line illustrates FANCL’s strategy of connecting nutrition, lifestyle management, and consumer-friendly functional products.

• EnkinNutritional supplements

  Enkin is a FANCL health-food and supplement brand mentioned by Kirin as one of FANCL’s representative health products. It belongs to the company’s broader portfolio of products designed around specific nutritional or functional needs, complementing FANCL’s cosmetics and beauty-care offerings.

• Endolipid SupportNutritional supplements

  Endolipid Support is a FANCL supplement line identified among the company’s health-science products. It represents the brand’s focus on targeted nutritional support and its expansion beyond general vitamins into products organized around particular consumer health concerns.

• Aojiru green juiceHealth beverages

  FANCL’s Aojiru business provides green-juice products within the company’s nutritional and health-food portfolio. The category helped FANCL broaden its identity from additive-free cosmetics into everyday wellness and nutrition, while retaining the company’s emphasis on product quality, convenience, and consumer health support.

• Age-specific supplement seriesNutritional supplements2015

  Introduced in 2015, FANCL’s age-specific supplement series organizes nutritional products around the changing needs of consumers at different life stages. The series reflects the company’s use of product segmentation and its effort to make supplement selection more understandable and relevant to customers.

• 2025FANCL 45th Anniversary

  Japan

  The 45th-anniversary program presented a timeline of FANCL’s history, from its 1980 origins and small-vial additive-free cosmetics to its later skincare, nutrition, retail, and international activities. The program also included anniversary-related customer communications and promotional activity.

  Outcome. The campaign served as a history-led brand and customer-engagement program emphasizing continuity between FANCL’s founding philosophy and its current beauty-and-health strategy.

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• 2025FANCL and UCHINO anniversary promotion

  Japan

  As part of its 45th-anniversary activity, FANCL promoted a customer appreciation campaign with UCHINO that offered original items and connected the anniversary to lifestyle-oriented brand engagement.

  Outcome. The promotion extended the anniversary beyond product history into customer appreciation and collaborative lifestyle merchandising.

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• 2020FANCL 40th Anniversary

  Japan

  FANCL’s 40th-anniversary program revisited the company’s origins, its additive-free cosmetics philosophy, and its relationship with customers. It also highlighted the continuing role of founder Kenji Ikemori and the company’s intention to carry its founding values into future beauty and health activities.

  Outcome. The anniversary program reinforced FANCL’s founding narrative and customer-centered brand identity.

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• 2026FANCL Vision 2035Strategy

  FANCL identified major changes in the social environment, the need for continued consumer trust, and the opportunity to use Kirin Group resources for international growth and research.

  What changed. FANCL formulated a decade-long management vision focused on becoming a globally recognized and consistently chosen beauty and health brand.

  Aftermath. The vision places greater emphasis on global expansion, data-informed customer understanding, research and development, and the use of synergies with Kirin while preserving FANCL’s founding philosophy.

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• 2024Tender offer to make FANCL a wholly owned subsidiaryM&A

  Kirin positioned FANCL as a core operating company in its Health Science business and sought to deepen cooperation among FANCL, Kirin, and Blackmores.

  What changed. Kirin launched a tender offer for FANCL shares and stock acquisition rights, completed the offer in September 2024, and proceeded with the corporate steps required for full ownership.

  Aftermath. FANCL became a Kirin subsidiary and was delisted from the Tokyo Stock Exchange on December 18, 2024. FANCL continued operating as an active brand and company within the Kirin Group.

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• 2024Management transition to Hideki MitsuhashiGeneration change

  Kirin linked the management change to the post-acquisition development of FANCL, stronger collaboration with Kirin and Blackmores, and the expansion of the Health Science business.

  What changed. Hideki Mitsuhashi was appointed president and representative director, succeeding Kazuyuki Shimada.

  Aftermath. The leadership structure shifted toward closer integration with Kirin’s Health Science strategy while retaining FANCL’s brand philosophy.

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• 2019Capital and business alliance with Kirin HoldingsM&A

  Kirin sought to strengthen its Health Science domain, while FANCL brought established expertise in additive-free cosmetics, supplements, consumer relationships, and direct sales.

  What changed. Kirin acquired approximately 33 percent of FANCL’s voting rights and entered into a capital and business alliance covering product development, research, business development, and infrastructure cooperation.

  Aftermath. The companies developed joint initiatives and used the alliance as the foundation for Kirin’s later move toward full ownership.

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• 2026FANCL begins FANCL Vision 2035

  FANCL presented FANCL Vision 2035 as a decade-long management vision focused on remaining a globally recognized and consistently chosen beauty and health brand while using Kirin Group synergies to advance research and international expansion.

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• 2025FANCL and Kirin develop collaborative Calolimit beverages

  Kirin described collaborative products using the Calolimit brand, including non-alcoholic beverages developed with Kirin and Mercian, as examples of cooperation between FANCL and the wider Kirin Group.

  Product launch
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• 2025FANCL celebrates its 45th anniversary

  FANCL used its 45th-anniversary program to present its origins, additive-free cosmetics history, product development milestones, and continuing commitment to beauty and health.

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• 2024Kirin launches tender offer to make FANCL wholly owned

  Kirin Holdings announced a tender offer designed to acquire the remaining FANCL shares and establish FANCL as a wholly owned subsidiary, with the stated aim of strengthening the Kirin Group’s health-science business.

  M&A
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• 2024Kirin completes tender offer and makes FANCL a consolidated subsidiary

  Kirin completed its tender offer in September 2024 and increased its ownership to a controlling position. Subsequent corporate procedures were intended to make FANCL wholly owned by Kirin Holdings.

  M&A
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• 2024FANCL is delisted from the Tokyo Stock Exchange

  FANCL confirmed that its shares were delisted from the Tokyo Stock Exchange Prime Market on December 18, 2024, following the transaction that made it a wholly owned Kirin subsidiary.

  M&AOther
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• 2024Change of FANCL president and representative director

  Kirin announced that Hideki Mitsuhashi would succeed Kazuyuki Shimada as FANCL’s president and representative director as part of a management structure intended to strengthen collaboration among FANCL, Kirin, and Blackmores.

  Leadership change
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• 2019Kirin Holdings acquires approximately 33 percent of FANCL

  Kirin Holdings announced a capital and business alliance with FANCL and acquired approximately 33 percent of FANCL’s voting rights, linking the companies’ beauty, health-food, biotechnology, and consumer-health capabilities.

  M&A
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• FANCL operates as an active beauty and health brand within the Kirin Group

  FANCL's current brand scope includes additive-free cosmetics, skincare, health foods, and supplements. Its official online channel presents these categories as part of one beauty-and-wellness offering.

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1. FANCL Corporation
2. Corporate Overview
3. Board of Directors
4. Message from the President
5. FANCL 45th Anniversary History
6. History of FANCL
7. Kirin Holdings Commences Tender Offer To Make FANCL A Wholly-Owned Subsidiary
8. Kirin Completes Tender Offer To Make FANCL A Wholly-Owned Subsidiary
9. Notice of Change of Director at FANCL Corporation
10. FANCL Stock Listing FAQ
11. Kirin and FANCL collaboration overview
12. FANCL 40th Anniversary
13. FANCL operates as an active beauty and health brand within the Kirin Group