Unicharm (8113) Q3 2026 earnings summary

Executive summary

• Jan–Sep 2026 net sales rose 5.1% to ¥729,342m and core operating income increased 3.3% to ¥89,467m despite higher raw-material costs.

• Growth was led by Pet Care and other businesses; parent-attributable profit declined 6.6% to ¥56,733m.

Financial highlights

• Net sales were ¥729,342m versus ¥694,225m; core operating income was ¥89,467m versus ¥86,649m, with a 12.3% margin, down 0.2pp.

• Profit before tax fell 0.7% to ¥92,826m; profit for the period declined 2.6% to ¥67,135m, and parent-attributable profit fell 6.6% to ¥56,733m.

• EBITDA was ¥129.1bn, up 0.2%; basic EPS was ¥32.88 versus ¥34.68 a year earlier.

• Total comprehensive income rose to ¥65,524m from ¥49,034m, supported by lower translation losses.

Outlook and guidance

• FY2026 guidance unchanged: net sales ¥1,015,000m, core operating income ¥113,000m, profit before tax ¥113,500m, parent-attributable profit ¥70,000m and basic EPS ¥40.68.

• Jan–Sep progress was 71.9% for sales, 79.2% for core operating income, 81.8% for profit before tax and 81.0% for attributable profit.

• The 4Q core operating income target is ¥23.5bn; value transfer, sales growth, productivity gains and SG&A control are expected to offset higher raw-material and logistics costs.