Operating profit plunged 87% to 15 billion yen($ 131.7 million) in the year through December 2020.... The company is expecting a partial recovery to 27 billion yen this year. Shiseido is aiming to reach 15% operating margin by 2023 and become the global leader in skincare by 2030.... To get there, the company is divesting of some lower-priced brands.In February, it announced the sale of skincare and shampoo brands to private equity firm CVC Capital Partners for 160 billion yen....