LG H&H Co Ltd - Company Profile
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Business Description
LG H&H Co Ltd (LG H&H) produces and markets cosmetics, household products and beverages.
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R&D Overview
LG H&H's R&D arm is focused on innovation-centric activities that aim to create new paradigms in the beauty and skincare industry. The company's main areas of research include the study of human body big data for detailed categorization of skin types, development of personalized skincare solutions through genetic data analysis, and the creation of anti-irritant formulas against retinol-induced irritation. Additionally, LG H&H is advancing derma beauty technologies for professional skincare and is committed to clean beauty technologies to protect the planet and assure customer safety. The company has established a microbiome center in Hokkaido, which serves as a platform for the development and production of fermented materials and aims to be a global research base for developing microbiome ingredients tailored to customer sensibilities worldwide. The clean beauty research center in South Korea is responsible for systematic research in clean beauty, focusing on eco-friendly packaging materials, emission-reducing waterless formulas, and clean technologies to cut carbon emissions and energy consumption during product manufacturing. It operates Daejeon Research Institute and a research lab in Daejeon and Incheon, South Korea. In FY2024, the company incurred total expenditure of KRW40,829 million on its R&D activities, which grew by 9.9% from FY2023, and as a percentage of revenue stood at 0.6%.
Business Segments
Overview
Offers skincare, make-up, and other products. Product portfolio cosmetic brands: OHUI, WHOO, Su:m, belief, and THEFACESHOP. Major customers are department stores, duty-free shop, cosmetics, stores, wholesalers, and others.
Performance
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Overview
Offers detergents, shampoos, toothpaste, and others. Major customers include department stores, wholesalers, and others.
Performance
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Overview
Includes coca-cola and other beverage drinks, including sparking water, juice, lifestyle beverages, sports beverages, tea and coffee, and bottled water. Major customers are wholesalers and others.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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