1.	Corporate Ideals / THE SHISEIDO WAY
		2.	Financial Highlights
		3.	Message from the Management:
			"Global No.1" Long-Term Vision for the 21st Century
		4.	Review of Operations
			Cosmetics
			Toiletries
			Others
		5.	Global Network
		6.	Research and Development
		7.	With Our Society
			Environmental Protection Initiatives
			Social Contribution Activities
			Responding to the Year 2000 Computer Problem
		8.	Financial Section
			Six-Year Summary / Divisional Sales
		9.	Management's Discussion and Analysis
		10.	Consolidated Balance Sheets
		11.	Consolidated Statements of Income
		12.	Consolidated Statements of Shareholder's Equity
		13.	Consolidated Statements of Cash Flows
		14.	Notes to the Consolidated Financial Statements
		15.	Report of Independent Certified Public Accountants
		16.	Reference:
			Consolidated Statements of Cash Flows Based on the Revised Consolidated Financial Statements Regulations
		17.	Directors and Auditors
			Subsidiaries and Affiliates
		18.	Shareholder Information