More details from the company’s press release.
Shiseido is now using Canada based Replicel’s RCH-01 technology:
Replicel and Shiseido complete collaboration and technology transfer.
The Japanese government has in the past year made major announcements regarding its support and encouragement of stem cell related research via favorable laws and funding. It will therefore not be surprising if the first hair cloning or hair multiplication type cure comes from that country.
It would be fitting if just like with Japanese car companies and electronics companies significantly improving upon western inventions in those fields, a Japanese hair regeneration company significantly improved upon a Western hair regeneration technology.
However, it should be noted that Shiseido also has its own highly experienced team of hair loss research scientists.