Announcement • Jun 27
Unicharm Corporation to Report Q2, 2026 Results on Aug 05, 2026 Unicharm Corporation announced that they will report Q2, 2026 results on Aug 05, 2026 Upcoming Dividend • Jun 25
Upcoming dividend of JP¥11.00 per share Eligible shareholders must have bought the stock before 29 June 2026. Payment date: 02 September 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.6%). Board Change • May 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Director Noriko Rzonca was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 09
Unicharm Corporation to Report Q1, 2026 Results on May 08, 2026 Unicharm Corporation announced that they will report Q1, 2026 results on May 08, 2026 Announcement • Feb 07
Unicharm Corporation Revises Consolidated Earnings Guidance for the Full Fiscal Year Ending December 31, 2025 Unicharm Corporation revised Consolidated earnings guidance for the full Fiscal Year Ending December 31, 2025. For the year, the company now expects Net Sales of JPY 945,268 million, Core Operating Income of JPY 108,884 million, Profit Attributable to Owners of Parent of JPY 65,212 million and Basic Earnings Per Share of JPY 37.30 against previous guidance of Net Sales of JPY 974,000 million, Core Operating Income of JPY 120,000 million, Profit Attributable to Owners of Parent of JPY 85,100 million and Basic Earnings Per Share of JPY 48.68. In this revision of the financial forecasts, although net sales and core operating income performed better than expected in some regions such as North America and the Middle East, this was not enough to offset the struggles in China and Indonesia, resulting in a downward revision for the Company as a whole. The first factor is the feminine care business in China. Although there were signs of a temporary recovery from the impact of reputational damage that occurred in March 2025, new reputational damage occurred in October 2025. The impact of this lasted longer than expected, resulting in both sales and profits falling below the previous forecast. The second factor is Indonesia, where shipments were adjusted due to changes in distributors amidst a continued harsh business environment. In addition, profit before tax and profit attributable to owners of parent are expected to be significantly lower than the previous forecast. This is mainly due to the recording of an impairment loss of approximately JPY 6.0 billion on assets in the Asian region and a one-time charge associated with the revision of the GST (Goods and Services Tax) in India. Specifically, regarding the balance of paid GST (assets that can be used for input tax credits) previously recorded as assets by a local subsidiary, it has become difficult to offset a portion of it against future output GST or to receive refunds due to the impact of legal changes. As a result of a careful review of the recoverability of these assets, the Company has decided to record approximately JPY 6.9 billion as an evaluation loss under Other expenses. Announcement • Dec 11
Unicharm Corporation Accelerates Global Disposable Diaper Recycling with New Dry Washing Method Unicharm Corporation has announced the development of an innovative new technology, the "Dry Washing Method," as part of its "RefF (Recycle for the Future)" disposable diaper recycling project. This pioneering method is set to open the path for disposable diaper recycling globally, particularly in water-scarce regions. The main technological breakthrough is the dramatic reduction of water consumption. The Dry Washing Method reduces water usage during the washing process to approximately 1/50th compared to conventional company methods. Previously, recycling disposable diapers required large amounts of water, creating a significant barrier in regions with poor water infrastructure or shortages. The Dry Washing Method resolves this by applying the fundamental concept of dry cleaning. It utilizes reusable solvents alongside unique sterilization and bleaching technologies to achieve hygienic processing while enabling dramatic water conservation. This makes it possible to transform "used disposable diapers" into "new resources" worldwide. Announcement • Nov 09
Unicharm Corporation to Report Fiscal Year 2025 Results on Feb 16, 2026 Unicharm Corporation announced that they will report fiscal year 2025 results on Feb 16, 2026 Announcement • Aug 07
Unicharm Corporation to Report Q3, 2025 Results on Nov 07, 2025 Unicharm Corporation announced that they will report Q3, 2025 results on Nov 07, 2025 Announcement • May 20
Unicharm Corporation to Report Q2, 2025 Results on Aug 05, 2025 Unicharm Corporation announced that they will report Q2, 2025 results on Aug 05, 2025 Announcement • Mar 06
Unicharm Corporation to Report Q1, 2025 Results on May 09, 2025 Unicharm Corporation announced that they will report Q1, 2025 results on May 09, 2025 Announcement • Jan 03
Unicharm Corporation to Report Fiscal Year 2024 Results on Feb 13, 2025 Unicharm Corporation announced that they will report fiscal year 2024 results on Feb 13, 2025 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Outside Independent Director Noriko Rzonca was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: JP¥33.96 (vs JP¥44.55 in 3Q 2023) Third quarter 2024 results: EPS: JP¥33.96 (down from JP¥44.55 in 3Q 2023). Revenue: JP¥234.3b (flat on 3Q 2023). Net income: JP¥19.9b (down 24% from 3Q 2023). Profit margin: 8.5% (down from 11% in 3Q 2023). Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Oct 26
Unicharm Corporation to Report Q3, 2024 Results on Nov 08, 2024 Unicharm Corporation announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: JP¥37.07 (vs JP¥30.63 in 2Q 2023) Second quarter 2024 results: EPS: JP¥37.07 (up from JP¥30.63 in 2Q 2023). Revenue: JP¥251.4b (up 7.9% from 2Q 2023). Net income: JP¥21.8b (up 20% from 2Q 2023). Profit margin: 8.7% (up from 7.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 08
First half dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th December 2024 Payment date: 7th March 2025 Dividend yield will be 75%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (27% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 28% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Upcoming Dividend • Jun 20
Upcoming dividend of JP¥22.00 per share Eligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (2.6%). Announcement • Jun 02
Unicharm Corporation to Report Q2, 2024 Results on Aug 06, 2024 Unicharm Corporation announced that they will report Q2, 2024 results on Aug 06, 2024 Reported Earnings • May 08
First quarter 2024 earnings released: EPS: JP¥30.21 (vs JP¥27.84 in 1Q 2023) First quarter 2024 results: EPS: JP¥30.21 (up from JP¥27.84 in 1Q 2023). Revenue: JP¥236.3b (up 7.0% from 1Q 2023). Net income: JP¥17.8b (up 7.9% from 1Q 2023). Profit margin: 7.5% (in line with 1Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Apr 11
Final dividend of JP¥22.00 announced Shareholders will receive a dividend of JP¥22.00. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 81%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (30% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 28
Unicharm Corporation to Report Q1, 2024 Results on May 07, 2024 Unicharm Corporation announced that they will report Q1, 2024 results on May 07, 2024 Reported Earnings • Feb 08
Full year 2023 earnings released: EPS: JP¥145 (vs JP¥114 in FY 2022) Full year 2023 results: EPS: JP¥145 (up from JP¥114 in FY 2022). Revenue: JP¥941.8b (up 4.9% from FY 2022). Net income: JP¥86.1b (up 27% from FY 2022). Profit margin: 9.1% (up from 7.5% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Feb 08
Unicharm Corporation (TSE:8113) announces an Equity Buyback for 4,500,000 shares, representing 0.76% for ¥19,000 million. Unicharm Corporation (TSE:8113) announces a share repurchase program. Under the program, the company will repurchase 4,500,000 shares, representing 0.76% of its share capital, for ¥19,000 million. The company will repurchase its shares in order to enable further return of profits to shareholders and execution of flexible capital policy in response to changes in the business environment. The program will run until December 19, 2024. As of December 31, 2023, the company had 590,228,546 shares issued shares (excluding treasury shares) and 30,605,773 shares in treasury. Announcement • Jan 12
Unicharm Corporation, Annual General Meeting, Mar 27, 2024 Unicharm Corporation, Annual General Meeting, Mar 27, 2024. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥20.00 per share at 0.8% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 06 March 2024. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.7%). Announcement • Dec 10
Unicharm Corporation to Report Fiscal Year 2023 Results on Feb 07, 2024 Unicharm Corporation announced that they will report fiscal year 2023 results on Feb 07, 2024 Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: JP¥44.55 (vs JP¥34.84 in 3Q 2022) Third quarter 2023 results: EPS: JP¥44.55 (up from JP¥34.84 in 3Q 2022). Revenue: JP¥233.5b (flat on 3Q 2022). Net income: JP¥26.3b (up 27% from 3Q 2022). Profit margin: 11% (up from 8.9% in 3Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 06
Second quarter 2023 earnings released: EPS: JP¥30.63 (vs JP¥25.04 in 2Q 2022) Second quarter 2023 results: EPS: JP¥30.63 (up from JP¥25.04 in 2Q 2022). Revenue: JP¥233.1b (up 7.3% from 2Q 2022). Net income: JP¥18.2b (up 22% from 2Q 2022). Profit margin: 7.8% (up from 6.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥20.00 per share at 0.7% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.5%). Announcement • Jun 01
Unicharm Corporation (TSE:8113) entered into Share Transfer Instrument to acquire 5.85% stake in Unicharm (Thailand) Company Limited from Osotspa Public Company Limited (SET:OSP) for THB 3 billion. Unicharm Corporation (TSE:8113) entered into Share Transfer Instrument to acquire 5.85% stake in Unicharm (Thailand) Company Limited from Osotspa Public Company Limited (SET:OSP) for THB 3 billion on May 31, 2023. As part of transaction, 420,500 shares will be acquired. Reported Earnings • May 10
First quarter 2023 earnings released: EPS: JP¥27.84 (vs JP¥28.22 in 1Q 2022) First quarter 2023 results: EPS: JP¥27.84 (down from JP¥28.22 in 1Q 2022). Revenue: JP¥220.8b (up 8.1% from 1Q 2022). Net income: JP¥16.5b (down 1.8% from 1Q 2022). Profit margin: 7.5% (down from 8.2% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2022 earnings released Full year 2022 results: Revenue: JP¥898.0b (up 15% from FY 2021). Net income: JP¥67.6b (down 7.1% from FY 2021). Profit margin: 7.5% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: JP¥114 (vs JP¥122 in FY 2021) Full year 2022 results: EPS: JP¥114 (down from JP¥122 in FY 2021). Revenue: JP¥898.0b (up 15% from FY 2021). Net income: JP¥67.6b (down 7.1% from FY 2021). Profit margin: 7.5% (down from 9.3% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 07 March 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.5%). Announcement • Dec 06
Unicharm Corporation to Report Fiscal Year 2022 Results on Feb 08, 2023 Unicharm Corporation announced that they will report fiscal year 2022 results on Feb 08, 2023 Board Change • Nov 16
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Outside Director Shigeru Asada 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 • Nov 09
Third quarter 2022 earnings released: EPS: JP¥34.86 (vs JP¥36.90 in 3Q 2021) Third quarter 2022 results: EPS: JP¥34.86 (down from JP¥36.90 in 3Q 2021). Revenue: JP¥232.9b (up 20% from 3Q 2021). Net income: JP¥20.7b (down 5.8% from 3Q 2021). Profit margin: 8.9% (down from 11% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Household Products industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Board Change • Nov 08
Less than half of directors are independent Following 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. 4 non-independent directors. Independent Outside Director Shigeru Asada 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. Buying Opportunity • Aug 06
Now 20% undervalued Over the last 90 days, the stock is up 7.7%. The fair value is estimated to be €42.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 6.0% per annum. Earnings is also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥19.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.9%). Reported Earnings • May 11
First quarter 2022 earnings released: EPS: JP¥28.22 (vs JP¥33.56 in 1Q 2021) First quarter 2022 results: EPS: JP¥28.22 (down from JP¥33.56 in 1Q 2021). Revenue: JP¥204.4b (up 12% from 1Q 2021). Net income: JP¥16.8b (down 16% from 1Q 2021). Profit margin: 8.2% (down from 11% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 6.5%, compared to a 4.7% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2021 earnings released: EPS: JP¥122 (vs JP¥87.60 in FY 2020) Full year 2021 results: EPS: JP¥122 (up from JP¥87.60 in FY 2020). Revenue: JP¥782.7b (up 7.6% from FY 2020). Net income: JP¥72.7b (up 39% from FY 2020). Profit margin: 9.3% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.2%, compared to a 2.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Feb 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: JP¥122 (up from JP¥87.60 in FY 2020). Revenue: JP¥782.7b (up 7.6% from FY 2020). Net income: JP¥72.7b (up 39% from FY 2020). Profit margin: 9.3% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.0%, compared to a 1.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 6% per year. Upcoming Dividend • Dec 23
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 08 March 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (2.7%). Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS JP¥36.88 (vs JP¥34.80 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: JP¥194.9b (up 9.6% from 3Q 2020). Net income: JP¥22.0b (up 5.7% from 3Q 2020). Profit margin: 11% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥18.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 02 September 2021. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (2.4%). Reported Earnings • May 18
First quarter 2021 earnings released: EPS JP¥33.56 (vs JP¥32.20 in 1Q 2020) The company reported a mediocre first quarter result with weaker revenues, although profit margins were flat and earnings improved. First quarter 2021 results: Revenue: JP¥182.0b (down 1.0% from 1Q 2020). Net income: JP¥20.1b (up 4.6% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • Apr 02
Full year 2020 earnings released The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥727.5b (up 1.9% from FY 2019). Net income: JP¥52.3b (up 14% from FY 2019). Profit margin: 7.2% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to JP¥31.80, the stock is trading at a trailing P/E ratio of 48.1x, down from the previous P/E ratio of 58.1x. This compares to an average P/E of 18x in the Household Products industry in Europe. Total returns to shareholders over the past three years are 49%. Is New 90 Day High Low • Feb 26
New 90-day low: €34.80 The company is down 13% from its price of €39.80 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.06 per share. Reported Earnings • Feb 18
Full year 2020 earnings released: EPS JP¥87.60 (vs JP¥77.53 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥727.5b (up 1.9% from FY 2019). Net income: JP¥52.3b (up 14% from FY 2019). Profit margin: 7.2% (up from 6.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue misses expectations Revenue missed analyst estimates by 0.9%. Over the next year, revenue is forecast to grow 6.0% while theHousehold Products industry in Germany is not expected to grow. Is New 90 Day High Low • Feb 02
New 90-day low: €35.60 The company is down 12% from its price of €40.40 on 04 November 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Household Products industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.98 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥16.00 Per Share Will be paid on the 5th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (2.4%). Is New 90 Day High Low • Nov 19
New 90-day high: €42.80 The company is up 19% from its price of €36.00 on 20 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Household Products industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.71 per share. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS JP¥34.80 The company reported a mediocre third quarter result with weaker revenues, although profit margins were flat and earnings were improved. Third quarter 2020 results: Revenue: JP¥177.9b (down 2.4% from 3Q 2019). Net income: JP¥20.8b (up 3.0% from 3Q 2019). Profit margin: 12% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue misses expectations Revenue missed analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 7.0%, compared to a 1.8% growth forecast for the Household Products industry in Germany. Is New 90 Day High Low • Oct 14
New 90-day high: €39.60 The company is up 6.0% from its price of €37.20 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Household Products industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.13 per share.