Unitika（3103）株式概要ユニチカ(株)は、ポリマー、機能材料、産業用繊維などを国内外に製造・販売している。 詳細3103 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性4/6配当金0/6報酬株価収益率（ 13.8 x） JP市場（ 14.5 x）を下回っています。今年は黒字化を達成 リスク分析JP市場と比較して、過去 3 か月間の株価の変動が非常に大きい財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る3103 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueJP¥Current PriceJP¥2.57k26.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-27b151b2016201920222025202620282031Revenue JP¥148.4bEarnings JP¥12.4bAdvancedSet Fair ValueView all narrativesUnitika Ltd. 競合他社Japan Wool TextileSymbol: TSE:3201Market cap: JP¥120.5bFujibo HoldingsSymbol: TSE:3104Market cap: JP¥133.6bKurabo IndustriesSymbol: TSE:3106Market cap: JP¥153.8bMoritoSymbol: TSE:9837Market cap: JP¥49.0b価格と性能株価の高値、安値、推移の概要Unitika過去の株価現在の株価JP¥2,569.0052週高値JP¥4,380.0052週安値JP¥140.00ベータ2.031ヶ月の変化123.00%3ヶ月変化232.77%1年変化1,466.46%3年間の変化1,117.54%5年間の変化596.21%IPOからの変化-49.13%最新ニュースお知らせ • 6hUnitika Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Unitika Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,565, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 1,082% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to JP¥1,463, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 587% over the past three years.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥1,145, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 420% over the past three years.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,548, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 600% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,238, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 436% over the past three years.最新情報をもっと見るRecent updatesお知らせ • 6hUnitika Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Unitika Ltd. announced that they will report fiscal year 2026 results on May 14, 2026Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,565, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 1,082% over the past three years.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to JP¥1,463, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 587% over the past three years.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥1,145, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 420% over the past three years.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,548, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 600% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,238, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 436% over the past three years.分析記事 • Feb 07Is Unitika (TSE:3103) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥245 (vs JP¥252 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥245 (up from JP¥252 loss in 3Q 2025). Revenue: JP¥33.5b (up 4.7% from 3Q 2025). Net income: JP¥14.1b (up JP¥28.7b from 3Q 2025). Profit margin: 42% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.分析記事 • Jan 09Unitika Ltd. (TSE:3103) Held Back By Insufficient Growth Even After Shares Climb 27%Despite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 27% in the last...お知らせ • Dec 04Unitika Ltd. to Report Q3, 2026 Results on Feb 06, 2026Unitika Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026Reported Earnings • Nov 14Second quarter 2026 earnings released: JP¥83.06 loss per share (vs JP¥205 loss in 2Q 2025)Second quarter 2026 results: JP¥83.06 loss per share (improved from JP¥205 loss in 2Q 2025). Revenue: JP¥31.2b (up 1.1% from 2Q 2025). Net loss: JP¥4.79b (loss narrowed 60% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.分析記事 • Nov 11Benign Growth For Unitika Ltd. (TSE:3103) Underpins Its Share PriceWhen close to half the companies operating in the Luxury industry in Japan have price-to-sales ratios (or "P/S") above...New Risk • Nov 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 80% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.2b market cap, or US$92.3m).お知らせ • Sep 04Unitika Ltd. to Report Q2, 2026 Results on Nov 11, 2025Unitika Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥22.58 (vs JP¥34.27 in 1Q 2025)First quarter 2026 results: EPS: JP¥22.58 (down from JP¥34.27 in 1Q 2025). Revenue: JP¥30.9b (flat on 1Q 2025). Net income: JP¥1.30b (down 34% from 1Q 2025). Profit margin: 4.2% (down from 6.4% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.お知らせ • Jun 25Shikibo Ltd. (TSE:3109) signed of memorandum of understanding to acquire PT Unitika Trading Indonesia from Unitika Ltd. (TSE:3103).Shikibo Ltd. (TSE:3109) signed of memorandum of understanding to acquire PT Unitika Trading Indonesia from Unitika Ltd. (TSE:3103) on June 25, 2025. In a related transaction, Shikibo Ltd. also signed of memorandum of understanding to acquire Unitika's consolidated subsidiary Unitika Trading Co., Ltd. (UTC), part of the apparel textile business of UTC's subsidiaries UNITIKA (BEIJING) TRAIDING CO., LTD. and UNITIKA TRADING VIETNAM CO., LTD. The expected completion of the transaction is by end of December 2025.お知らせ • Jun 10Unitika Ltd. to Report Q1, 2026 Results on Aug 06, 2025Unitika Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025Reported Earnings • May 18Full year 2025 earnings released: JP¥421 loss per share (vs JP¥94.41 loss in FY 2024)Full year 2025 results: JP¥421 loss per share (further deteriorated from JP¥94.41 loss in FY 2024). Revenue: JP¥126.4b (up 6.8% from FY 2024). Net loss: JP¥24.3b (loss widened 346% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.お知らせ • May 14Unitika Ltd., Annual General Meeting, Jun 27, 2025Unitika Ltd., Annual General Meeting, Jun 27, 2025.分析記事 • Apr 08Unitika (TSE:3103) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥127. The fair value is estimated to be JP¥168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.分析記事 • Mar 12Estimating The Fair Value Of Unitika Ltd. (TSE:3103)Key Insights The projected fair value for Unitika is JP¥168 based on 2 Stage Free Cash Flow to Equity Unitika's JP¥163...お知らせ • Feb 28Unitika Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Unitika Ltd. announced that they will report fiscal year 2025 results on May 14, 2025Reported Earnings • Feb 14Third quarter 2025 earnings released: JP¥252 loss per share (vs JP¥43.73 loss in 3Q 2024)Third quarter 2025 results: JP¥252 loss per share (further deteriorated from JP¥43.73 loss in 3Q 2024). Revenue: JP¥32.0b (up 12% from 3Q 2024). Net loss: JP¥14.6b (loss widened 477% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.お知らせ • Nov 29Unitika Ltd. announced that it expects to receive ¥20.000776536 billion in fundingUnitika Ltd. announced a private placement to issue Class C shares 115,504,600 shares at an issue price of ¥173.16 per share for the gross proceeds of ¥20,000,776,536 on November 28, 2024. The transaction has been approved by shareholders and is subject to Scheduled resolution of the Board of Directors regarding convening this Extraordinary General Meeting of Shareholders in Early to mid-January 2025 and Extraordinary General Meeting of Shareholders (scheduled) in Early February 2025. The company has disclosed no issue expenses in the connection with transaction and is expected to close From April 1, 2025 to May 31, 2025.お知らせ • Nov 23Unitika Ltd. to Report Q3, 2025 Results on Feb 12, 2025Unitika Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥205 loss per share (vs JP¥13.65 loss in 2Q 2024)Second quarter 2025 results: JP¥205 loss per share (further deteriorated from JP¥13.65 loss in 2Q 2024). Revenue: JP¥30.9b (up 2.7% from 2Q 2024). Net loss: JP¥11.8b (loss widened JP¥11.0b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.分析記事 • Nov 08Is Unitika (TSE:3103) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...New Risk • Nov 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$92.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.1b market cap, or US$92.3m).分析記事 • Sep 01What Unitika Ltd.'s (TSE:3103) 28% Share Price Gain Is Not Telling YouDespite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 28% in the last...お知らせ • Aug 10Unitika Ltd. to Report Q2, 2025 Results on Nov 08, 2024Unitika Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥34.27 (vs JP¥4.11 in 1Q 2024)First quarter 2025 results: EPS: JP¥34.27 (up from JP¥4.11 in 1Q 2024). Revenue: JP¥30.7b (up 9.7% from 1Q 2024). Net income: JP¥1.98b (up JP¥1.74b from 1Q 2024). Profit margin: 6.4% (up from 0.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.分析記事 • Jun 26Is Unitika (TSE:3103) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...お知らせ • Jun 02Unitika Ltd. to Report Q1, 2025 Results on Aug 06, 2024Unitika Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024分析記事 • May 22Revenues Not Telling The Story For Unitika Ltd. (TSE:3103) After Shares Rise 27%Despite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 27% in the last...Reported Earnings • May 18Full year 2024 earnings released: JP¥94.41 loss per share (vs JP¥3.14 loss in FY 2023)Full year 2024 results: JP¥94.41 loss per share (further deteriorated from JP¥3.14 loss in FY 2023). Revenue: JP¥118.3b (flat on FY 2023). Net loss: JP¥5.44b (loss widened JP¥5.26b from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • May 16Unitika Ltd., Annual General Meeting, Jun 27, 2024Unitika Ltd., Annual General Meeting, Jun 27, 2024.分析記事 • Apr 04Unitika Ltd.'s (TSE:3103) Share Price Boosted 33% But Its Business Prospects Need A Lift TooThe Unitika Ltd. ( TSE:3103 ) share price has done very well over the last month, posting an excellent gain of 33...New Risk • Apr 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥12.6b market cap, or US$82.9m).お知らせ • Mar 02Unitika Ltd. to Report Fiscal Year 2024 Results on May 14, 2024Unitika Ltd. announced that they will report fiscal year 2024 results on May 14, 2024New Risk • Mar 01New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥9.40b market cap, or US$62.5m).Reported Earnings • Feb 09Third quarter 2024 earnings released: JP¥40.05 loss per share (vs JP¥32.68 loss in 3Q 2023)Third quarter 2024 results: JP¥40.05 loss per share (further deteriorated from JP¥32.68 loss in 3Q 2023). Revenue: JP¥28.5b (down 2.0% from 3Q 2023). Net loss: JP¥2.31b (loss widened 23% from 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Nov 29Unitika Ltd. to Report Q3, 2024 Results on Feb 07, 2024Unitika Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥11.20 loss per share (vs JP¥12.45 profit in 2Q 2023)Second quarter 2024 results: JP¥11.20 loss per share (down from JP¥12.45 profit in 2Q 2023). Revenue: JP¥30.1b (up 2.0% from 2Q 2023). Net loss: JP¥646.0m (down 190% from profit in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.お知らせ • Aug 12Unitika Ltd. to Report Q2, 2024 Results on Nov 09, 2023Unitika Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023Reported Earnings • Aug 08First quarter 2024 earnings released: EPS: JP¥4.11 (vs JP¥35.38 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.11 (down from JP¥35.38 in 1Q 2023). Revenue: JP¥27.9b (down 5.6% from 1Q 2023). Net income: JP¥237.0m (down 88% from 1Q 2023). Profit margin: 0.8% (down from 6.9% in 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jun 16Consensus EPS estimates fall by 47%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥23.45 to JP¥12.40 per share. Revenue forecast steady at JP¥127.9b. Net income forecast to grow 880% next year vs 7.8% growth forecast for Luxury industry in Japan. Consensus price target of JP¥260 unchanged from last update. Share price rose 10% to JP¥249 over the past week.お知らせ • May 28Unitika Ltd. to Report Q1, 2024 Results on Aug 07, 2023Unitika Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥1.77 (vs JP¥38.56 in FY 2022)Full year 2023 results: EPS: JP¥1.77 (down from JP¥38.56 in FY 2022). Revenue: JP¥117.9b (up 2.8% from FY 2022). Net income: JP¥102.0m (down 95% from FY 2022). Profit margin: 0.1% (down from 1.9% in FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.お知らせ • May 14Unitika Ltd., Annual General Meeting, Jun 29, 2023Unitika Ltd., Annual General Meeting, Jun 29, 2023.Reported Earnings • Feb 09Third quarter 2023 earnings released: JP¥28.74 loss per share (vs JP¥14.59 profit in 3Q 2022)Third quarter 2023 results: JP¥28.74 loss per share (down from JP¥14.59 profit in 3Q 2022). Revenue: JP¥29.1b (up 2.1% from 3Q 2022). Net loss: JP¥1.66b (down 297% from profit in 3Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Price Target Changed • Dec 15Price target decreased to JP¥260Down from JP¥450, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥250. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥42.00 for next year compared to JP¥38.56 last year.Major Estimate Revision • Dec 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥20.80 to JP¥38.10. Revenue forecast steady at JP¥124.5b. Net income forecast to shrink 13% next year vs 34% growth forecast for Luxury industry in Japan . Consensus price target of JP¥470 unchanged from last update. Share price was steady at JP¥258 over the past week.お知らせ • Nov 19Unitika Ltd. to Report Q3, 2023 Results on Feb 07, 2023Unitika Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Noriko Ishikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥15.07 (vs JP¥15.16 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.07 (down from JP¥15.16 in 2Q 2022). Revenue: JP¥29.5b (up 7.5% from 2Q 2022). Net income: JP¥869.0m (flat on 2Q 2022). Profit margin: 2.9% (down from 3.2% in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Buying Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock is up 5.1%. The fair value is estimated to be JP¥307, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has grown by 64%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥268, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Luxury industry in Japan. Total loss to shareholders of 17% over the past three years.Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥35.38 (vs JP¥20.45 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.38 (up from JP¥20.45 in 1Q 2022). Revenue: JP¥29.6b (up 5.5% from 1Q 2022). Net income: JP¥2.04b (up 73% from 1Q 2022). Profit margin: 6.9% (up from 4.2% in 1Q 2022). Over the next year, revenue is forecast to grow 8.8%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Reported Earnings • May 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥38.56 (down from JP¥61.45 in FY 2021). Revenue: JP¥114.7b (up 3.9% from FY 2021). Net income: JP¥2.22b (down 37% from FY 2021). Profit margin: 1.9% (down from 3.2% in FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 5.0%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Ishikawa Noriko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 08Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥18.78 (up from JP¥14.05 in 3Q 2021). Revenue: JP¥28.5b (up 6.2% from 3Q 2021). Net income: JP¥1.08b (up 34% from 3Q 2021). Profit margin: 3.8% (up from 3.0% in 3Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.0%, compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥17.95 (vs JP¥57.84 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥27.5b (flat on 2Q 2021). Net income: JP¥1.04b (down 69% from 2Q 2021). Profit margin: 3.8% (down from 12% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year.Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥21.84 (vs JP¥4.08 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥28.1b (up 2.8% from 1Q 2021). Net income: JP¥1.26b (up 436% from 1Q 2021). Profit margin: 4.5% (up from 0.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Jun 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from JP¥113.3b to JP¥111.0b. EPS estimate rose from JP¥45.95 to JP¥63.80. Net income forecast to shrink 16% next year vs 4.3% growth forecast for Luxury industry in Japan . Consensus price target of JP¥420 unchanged from last update. Share price was steady at JP¥373 over the past week.Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥67.02 (vs JP¥43.00 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥110.4b (down 7.7% from FY 2020). Net income: JP¥3.86b (up JP¥6.34b from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥475, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 18x in the Luxury industry in Japan. Total return to shareholders over the past three years is a loss of 31%.Is New 90 Day High Low • Feb 08New 90-day high: JP¥454The company is up 22% from its price of JP¥371 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥493 per share.Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥18.25 (vs JP¥3.14 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥26.8b (down 5.1% from 3Q 2020). Net income: JP¥1.05b (up 481% from 3Q 2020). Profit margin: 3.9% (up from 0.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Feb 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to stay flat compared to a 5.0% growth forecast for the Luxury industry in Japan.Is New 90 Day High Low • Dec 15New 90-day high: JP¥414The company is up 10.0% from its price of JP¥376 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 4.0% over the same period.株主還元3103JP LuxuryJP 市場7D7.9%4.4%2.9%1Y1,466.5%38.7%39.4%株主還元を見る業界別リターン: 3103過去 1 年間で38.7 % の収益を上げたJP Luxury業界を上回りました。リターン対市場: 3103過去 1 年間で39.4 % の収益を上げたJP市場を上回りました。価格変動Is 3103's price volatile compared to industry and market?3103 volatility3103 Average Weekly Movement28.6%Luxury Industry Average Movement4.3%Market Average Movement4.9%10% most volatile stocks in JP Market9.6%10% least volatile stocks in JP Market2.4%安定した株価: 3103の株価は、 JP市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 3103の 週次ボラティリティ は、過去 1 年間で17%から29%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト18892,663Minoru Fujiiwww.unitika.co.jpユニチカ株式会社は、ポリマー、機能材料、産業用繊維、テキスタイルなどの製造・販売を国内外で行っています。ナイロン、ポリエステルフィルムなどのポリマー、ナイロン、ポリエステル、ポリアリレート樹脂製品、ポリエステル、ナイロンスパンボンド、綿スパンレース不織布、生分解性プラスチック材料などを提供。また、活性炭繊維、ガラス繊維、ガラスビーズ、多孔板などの機能性素材やバイオマス由来素材も提供している。さらに、衣料、生活資材、寝具などの繊維製品、テラマック繊維も提供している。ユニチカは1889年に設立され、本社は大阪にある。もっと見るUnitika Ltd. 基礎のまとめUnitika の収益と売上を時価総額と比較するとどうか。3103 基礎統計学時価総額JP¥148.11b収益（TTM）JP¥10.77b売上高(TTM)JP¥128.50b13.8xPER（株価収益率1.2xP/Sレシオ3103 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3103 損益計算書（TTM）収益JP¥128.50b売上原価JP¥98.39b売上総利益JP¥30.11bその他の費用JP¥19.34b収益JP¥10.77b直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）186.72グロス・マージン23.43%純利益率8.38%有利子負債／自己資本比率161.4%3103 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 13:11終値2026/05/08 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Unitika Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。6 アナリスト機関Takayuki NaitoDaiwa Securities Co. Ltd.Katsuhiko IshibashiIchiyoshi Research Institute Inc.Shunta OmuraNomura Securities Co. Ltd.3 その他のアナリストを表示
お知らせ • 6hUnitika Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Unitika Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,565, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 1,082% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to JP¥1,463, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 587% over the past three years.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥1,145, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 420% over the past three years.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,548, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 600% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,238, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 436% over the past three years.
お知らせ • 6hUnitika Ltd. to Report Fiscal Year 2026 Results on May 14, 2026Unitika Ltd. announced that they will report fiscal year 2026 results on May 14, 2026
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥2,565, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 17x in the Luxury industry in Japan. Total returns to shareholders of 1,082% over the past three years.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 31%After last week's 31% share price gain to JP¥1,463, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 587% over the past three years.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to JP¥1,145, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 420% over the past three years.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,548, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Luxury industry in Japan. Total returns to shareholders of 600% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to JP¥1,238, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 436% over the past three years.
分析記事 • Feb 07Is Unitika (TSE:3103) A Risky Investment?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Feb 07Third quarter 2026 earnings released: EPS: JP¥245 (vs JP¥252 loss in 3Q 2025)Third quarter 2026 results: EPS: JP¥245 (up from JP¥252 loss in 3Q 2025). Revenue: JP¥33.5b (up 4.7% from 3Q 2025). Net income: JP¥14.1b (up JP¥28.7b from 3Q 2025). Profit margin: 42% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
分析記事 • Jan 09Unitika Ltd. (TSE:3103) Held Back By Insufficient Growth Even After Shares Climb 27%Despite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 27% in the last...
お知らせ • Dec 04Unitika Ltd. to Report Q3, 2026 Results on Feb 06, 2026Unitika Ltd. announced that they will report Q3, 2026 results on Feb 06, 2026
Reported Earnings • Nov 14Second quarter 2026 earnings released: JP¥83.06 loss per share (vs JP¥205 loss in 2Q 2025)Second quarter 2026 results: JP¥83.06 loss per share (improved from JP¥205 loss in 2Q 2025). Revenue: JP¥31.2b (up 1.1% from 2Q 2025). Net loss: JP¥4.79b (loss narrowed 60% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 11Benign Growth For Unitika Ltd. (TSE:3103) Underpins Its Share PriceWhen close to half the companies operating in the Luxury industry in Japan have price-to-sales ratios (or "P/S") above...
New Risk • Nov 11New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 80% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.2b market cap, or US$92.3m).
お知らせ • Sep 04Unitika Ltd. to Report Q2, 2026 Results on Nov 11, 2025Unitika Ltd. announced that they will report Q2, 2026 results on Nov 11, 2025
Reported Earnings • Aug 08First quarter 2026 earnings released: EPS: JP¥22.58 (vs JP¥34.27 in 1Q 2025)First quarter 2026 results: EPS: JP¥22.58 (down from JP¥34.27 in 1Q 2025). Revenue: JP¥30.9b (flat on 1Q 2025). Net income: JP¥1.30b (down 34% from 1Q 2025). Profit margin: 4.2% (down from 6.4% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 25Shikibo Ltd. (TSE:3109) signed of memorandum of understanding to acquire PT Unitika Trading Indonesia from Unitika Ltd. (TSE:3103).Shikibo Ltd. (TSE:3109) signed of memorandum of understanding to acquire PT Unitika Trading Indonesia from Unitika Ltd. (TSE:3103) on June 25, 2025. In a related transaction, Shikibo Ltd. also signed of memorandum of understanding to acquire Unitika's consolidated subsidiary Unitika Trading Co., Ltd. (UTC), part of the apparel textile business of UTC's subsidiaries UNITIKA (BEIJING) TRAIDING CO., LTD. and UNITIKA TRADING VIETNAM CO., LTD. The expected completion of the transaction is by end of December 2025.
お知らせ • Jun 10Unitika Ltd. to Report Q1, 2026 Results on Aug 06, 2025Unitika Ltd. announced that they will report Q1, 2026 results on Aug 06, 2025
Reported Earnings • May 18Full year 2025 earnings released: JP¥421 loss per share (vs JP¥94.41 loss in FY 2024)Full year 2025 results: JP¥421 loss per share (further deteriorated from JP¥94.41 loss in FY 2024). Revenue: JP¥126.4b (up 6.8% from FY 2024). Net loss: JP¥24.3b (loss widened 346% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
お知らせ • May 14Unitika Ltd., Annual General Meeting, Jun 27, 2025Unitika Ltd., Annual General Meeting, Jun 27, 2025.
分析記事 • Apr 08Unitika (TSE:3103) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 11% to JP¥127. The fair value is estimated to be JP¥168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Mar 12Estimating The Fair Value Of Unitika Ltd. (TSE:3103)Key Insights The projected fair value for Unitika is JP¥168 based on 2 Stage Free Cash Flow to Equity Unitika's JP¥163...
お知らせ • Feb 28Unitika Ltd. to Report Fiscal Year 2025 Results on May 14, 2025Unitika Ltd. announced that they will report fiscal year 2025 results on May 14, 2025
Reported Earnings • Feb 14Third quarter 2025 earnings released: JP¥252 loss per share (vs JP¥43.73 loss in 3Q 2024)Third quarter 2025 results: JP¥252 loss per share (further deteriorated from JP¥43.73 loss in 3Q 2024). Revenue: JP¥32.0b (up 12% from 3Q 2024). Net loss: JP¥14.6b (loss widened 477% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 29Unitika Ltd. announced that it expects to receive ¥20.000776536 billion in fundingUnitika Ltd. announced a private placement to issue Class C shares 115,504,600 shares at an issue price of ¥173.16 per share for the gross proceeds of ¥20,000,776,536 on November 28, 2024. The transaction has been approved by shareholders and is subject to Scheduled resolution of the Board of Directors regarding convening this Extraordinary General Meeting of Shareholders in Early to mid-January 2025 and Extraordinary General Meeting of Shareholders (scheduled) in Early February 2025. The company has disclosed no issue expenses in the connection with transaction and is expected to close From April 1, 2025 to May 31, 2025.
お知らせ • Nov 23Unitika Ltd. to Report Q3, 2025 Results on Feb 12, 2025Unitika Ltd. announced that they will report Q3, 2025 results on Feb 12, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥205 loss per share (vs JP¥13.65 loss in 2Q 2024)Second quarter 2025 results: JP¥205 loss per share (further deteriorated from JP¥13.65 loss in 2Q 2024). Revenue: JP¥30.9b (up 2.7% from 2Q 2024). Net loss: JP¥11.8b (loss widened JP¥11.0b from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance.
分析記事 • Nov 08Is Unitika (TSE:3103) Using Debt In A Risky Way?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
New Risk • Nov 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: JP¥14.1b (US$92.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.3% average weekly change). Earnings have declined by 36% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥14.1b market cap, or US$92.3m).
分析記事 • Sep 01What Unitika Ltd.'s (TSE:3103) 28% Share Price Gain Is Not Telling YouDespite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 28% in the last...
お知らせ • Aug 10Unitika Ltd. to Report Q2, 2025 Results on Nov 08, 2024Unitika Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: JP¥34.27 (vs JP¥4.11 in 1Q 2024)First quarter 2025 results: EPS: JP¥34.27 (up from JP¥4.11 in 1Q 2024). Revenue: JP¥30.7b (up 9.7% from 1Q 2024). Net income: JP¥1.98b (up JP¥1.74b from 1Q 2024). Profit margin: 6.4% (up from 0.8% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
分析記事 • Jun 26Is Unitika (TSE:3103) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
お知らせ • Jun 02Unitika Ltd. to Report Q1, 2025 Results on Aug 06, 2024Unitika Ltd. announced that they will report Q1, 2025 results on Aug 06, 2024
分析記事 • May 22Revenues Not Telling The Story For Unitika Ltd. (TSE:3103) After Shares Rise 27%Despite an already strong run, Unitika Ltd. ( TSE:3103 ) shares have been powering on, with a gain of 27% in the last...
Reported Earnings • May 18Full year 2024 earnings released: JP¥94.41 loss per share (vs JP¥3.14 loss in FY 2023)Full year 2024 results: JP¥94.41 loss per share (further deteriorated from JP¥3.14 loss in FY 2023). Revenue: JP¥118.3b (flat on FY 2023). Net loss: JP¥5.44b (loss widened JP¥5.26b from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • May 16Unitika Ltd., Annual General Meeting, Jun 27, 2024Unitika Ltd., Annual General Meeting, Jun 27, 2024.
分析記事 • Apr 04Unitika Ltd.'s (TSE:3103) Share Price Boosted 33% But Its Business Prospects Need A Lift TooThe Unitika Ltd. ( TSE:3103 ) share price has done very well over the last month, posting an excellent gain of 33...
New Risk • Apr 04New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥12.6b market cap, or US$82.9m).
お知らせ • Mar 02Unitika Ltd. to Report Fiscal Year 2024 Results on May 14, 2024Unitika Ltd. announced that they will report fiscal year 2024 results on May 14, 2024
New Risk • Mar 01New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risk Market cap is less than US$100m (JP¥9.40b market cap, or US$62.5m).
Reported Earnings • Feb 09Third quarter 2024 earnings released: JP¥40.05 loss per share (vs JP¥32.68 loss in 3Q 2023)Third quarter 2024 results: JP¥40.05 loss per share (further deteriorated from JP¥32.68 loss in 3Q 2023). Revenue: JP¥28.5b (down 2.0% from 3Q 2023). Net loss: JP¥2.31b (loss widened 23% from 3Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 29Unitika Ltd. to Report Q3, 2024 Results on Feb 07, 2024Unitika Ltd. announced that they will report Q3, 2024 results on Feb 07, 2024
Reported Earnings • Nov 10Second quarter 2024 earnings released: JP¥11.20 loss per share (vs JP¥12.45 profit in 2Q 2023)Second quarter 2024 results: JP¥11.20 loss per share (down from JP¥12.45 profit in 2Q 2023). Revenue: JP¥30.1b (up 2.0% from 2Q 2023). Net loss: JP¥646.0m (down 190% from profit in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 12Unitika Ltd. to Report Q2, 2024 Results on Nov 09, 2023Unitika Ltd. announced that they will report Q2, 2024 results on Nov 09, 2023
Reported Earnings • Aug 08First quarter 2024 earnings released: EPS: JP¥4.11 (vs JP¥35.38 in 1Q 2023)First quarter 2024 results: EPS: JP¥4.11 (down from JP¥35.38 in 1Q 2023). Revenue: JP¥27.9b (down 5.6% from 1Q 2023). Net income: JP¥237.0m (down 88% from 1Q 2023). Profit margin: 0.8% (down from 6.9% in 1Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jun 16Consensus EPS estimates fall by 47%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from JP¥23.45 to JP¥12.40 per share. Revenue forecast steady at JP¥127.9b. Net income forecast to grow 880% next year vs 7.8% growth forecast for Luxury industry in Japan. Consensus price target of JP¥260 unchanged from last update. Share price rose 10% to JP¥249 over the past week.
お知らせ • May 28Unitika Ltd. to Report Q1, 2024 Results on Aug 07, 2023Unitika Ltd. announced that they will report Q1, 2024 results on Aug 07, 2023
Reported Earnings • May 15Full year 2023 earnings released: EPS: JP¥1.77 (vs JP¥38.56 in FY 2022)Full year 2023 results: EPS: JP¥1.77 (down from JP¥38.56 in FY 2022). Revenue: JP¥117.9b (up 2.8% from FY 2022). Net income: JP¥102.0m (down 95% from FY 2022). Profit margin: 0.1% (down from 1.9% in FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
お知らせ • May 14Unitika Ltd., Annual General Meeting, Jun 29, 2023Unitika Ltd., Annual General Meeting, Jun 29, 2023.
Reported Earnings • Feb 09Third quarter 2023 earnings released: JP¥28.74 loss per share (vs JP¥14.59 profit in 3Q 2022)Third quarter 2023 results: JP¥28.74 loss per share (down from JP¥14.59 profit in 3Q 2022). Revenue: JP¥29.1b (up 2.1% from 3Q 2022). Net loss: JP¥1.66b (down 297% from profit in 3Q 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Price Target Changed • Dec 15Price target decreased to JP¥260Down from JP¥450, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of JP¥250. Stock is down 16% over the past year. The company is forecast to post earnings per share of JP¥42.00 for next year compared to JP¥38.56 last year.
Major Estimate Revision • Dec 03Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 EPS estimate increased from JP¥20.80 to JP¥38.10. Revenue forecast steady at JP¥124.5b. Net income forecast to shrink 13% next year vs 34% growth forecast for Luxury industry in Japan . Consensus price target of JP¥470 unchanged from last update. Share price was steady at JP¥258 over the past week.
お知らせ • Nov 19Unitika Ltd. to Report Q3, 2023 Results on Feb 07, 2023Unitika Ltd. announced that they will report Q3, 2023 results on Feb 07, 2023
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Noriko Ishikawa was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 11Second quarter 2023 earnings released: EPS: JP¥15.07 (vs JP¥15.16 in 2Q 2022)Second quarter 2023 results: EPS: JP¥15.07 (down from JP¥15.16 in 2Q 2022). Revenue: JP¥29.5b (up 7.5% from 2Q 2022). Net income: JP¥869.0m (flat on 2Q 2022). Profit margin: 2.9% (down from 3.2% in 2Q 2022). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Buying Opportunity • Sep 02Now 20% undervaluedOver the last 90 days, the stock is up 5.1%. The fair value is estimated to be JP¥307, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.8% over the last 3 years. Earnings per share has grown by 64%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 14% in the next 2 years.
Valuation Update With 7 Day Price Move • Aug 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to JP¥268, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Luxury industry in Japan. Total loss to shareholders of 17% over the past three years.
Reported Earnings • Aug 07First quarter 2023 earnings released: EPS: JP¥35.38 (vs JP¥20.45 in 1Q 2022)First quarter 2023 results: EPS: JP¥35.38 (up from JP¥20.45 in 1Q 2022). Revenue: JP¥29.6b (up 5.5% from 1Q 2022). Net income: JP¥2.04b (up 73% from 1Q 2022). Profit margin: 6.9% (up from 4.2% in 1Q 2022). Over the next year, revenue is forecast to grow 8.8%, compared to a 10.0% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Reported Earnings • May 18Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: JP¥38.56 (down from JP¥61.45 in FY 2021). Revenue: JP¥114.7b (up 3.9% from FY 2021). Net income: JP¥2.22b (down 37% from FY 2021). Profit margin: 1.9% (down from 3.2% in FY 2021). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 43%. Over the next year, revenue is forecast to grow 5.0%, compared to a 9.2% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Outside Director Ishikawa Noriko was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 08Third quarter 2022 earnings: EPS in line with expectations, revenues disappointThird quarter 2022 results: EPS: JP¥18.78 (up from JP¥14.05 in 3Q 2021). Revenue: JP¥28.5b (up 6.2% from 3Q 2021). Net income: JP¥1.08b (up 34% from 3Q 2021). Profit margin: 3.8% (up from 3.0% in 3Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 6.0%, compared to a 6.5% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 10Second quarter 2022 earnings released: EPS JP¥17.95 (vs JP¥57.84 in 2Q 2021)The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2022 results: Revenue: JP¥27.5b (flat on 2Q 2021). Net income: JP¥1.04b (down 69% from 2Q 2021). Profit margin: 3.8% (down from 12% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 17% per year and the company’s share price has also fallen by 17% per year.
Reported Earnings • Aug 06First quarter 2022 earnings released: EPS JP¥21.84 (vs JP¥4.08 in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥28.1b (up 2.8% from 1Q 2021). Net income: JP¥1.26b (up 436% from 1Q 2021). Profit margin: 4.5% (up from 0.9% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Jun 05Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from JP¥113.3b to JP¥111.0b. EPS estimate rose from JP¥45.95 to JP¥63.80. Net income forecast to shrink 16% next year vs 4.3% growth forecast for Luxury industry in Japan . Consensus price target of JP¥420 unchanged from last update. Share price was steady at JP¥373 over the past week.
Reported Earnings • May 16Full year 2021 earnings released: EPS JP¥67.02 (vs JP¥43.00 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: JP¥110.4b (down 7.7% from FY 2020). Net income: JP¥3.86b (up JP¥6.34b from FY 2020). Profit margin: 3.5% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to JP¥475, the stock is trading at a trailing P/E ratio of 7.8x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 18x in the Luxury industry in Japan. Total return to shareholders over the past three years is a loss of 31%.
Is New 90 Day High Low • Feb 08New 90-day high: JP¥454The company is up 22% from its price of JP¥371 on 10 November 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is JP¥493 per share.
Reported Earnings • Feb 07Third quarter 2021 earnings released: EPS JP¥18.25 (vs JP¥3.14 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥26.8b (down 5.1% from 3Q 2020). Net income: JP¥1.05b (up 481% from 3Q 2020). Profit margin: 3.9% (up from 0.6% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Feb 07Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.8%. Earnings per share (EPS) exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to stay flat compared to a 5.0% growth forecast for the Luxury industry in Japan.
Is New 90 Day High Low • Dec 15New 90-day high: JP¥414The company is up 10.0% from its price of JP¥376 on 16 September 2020. The Japanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 4.0% over the same period.
