Unicharm Corporation
TSE-8113
Company Overview
Unicharm Corporation engages in the manufacture and sale of baby and childcare, feminine care, health care, cosmetic, household, and pet care products in Japan and internationally. Its baby and child care products, including disposable diapers and baby wipes under the Moony, MamyPoko, Oyasumiman, and Torepanman brands; and feminine care products comprise napkins, tampons, panty liners, sanitary short, and other feminine care products under the Sofy, Center-In, and Unicharm brands. The company's wellness care products include napkin-type incontinence pads, pants-type diapers, tape-type diapers, pants-type specialized urine pads, and tape-type specialized urine pads under the Lifree and Charmnap brand; and masks under the Unicharm brands. It also provides home care products, including cleaning sheets under the Wave brand; cosmetic cotton and wet wipes under the Silcot brand; and paper towels under the Cook Up brand. In addition, the company offers pet care products that include pet foods, excrement cleanup sheets, system toilets, and disposable diapers under the Grand Deli, Best Balance, Physicalife Dog, Silver Plate, Manner Wear, Deo Sheet, Silver Spoon, AllWell, Physicalife Cat, Deo Toilet, Deo Sand, Deo Clean, Aiken Genki, and Neko Genki brands. Further, it is involved in the manufacture and sale of industrial materials, food-packaging materials, etc. The company was incorporated in 1941 and is headquartered in Tokyo, Japan.
Name
Unicharm Corporation
CEO
Takahisa Takahara
Website
www.unicharm.co.jp
Sector
Household Products
Year Founded
1941
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Bulls Say
Unicharm’s strength in personal hygiene products and distribution in Japan will allow the company to achieve long-term profit growth from product mix maneuvers and price hikes.
The low penetration of personal hygiene products in some emerging countries across Asia presents huge opportunities for Unicharm, given its leadership position in the industry.
Unicharm could leverage its expertise in sanitary products for humans to grow its pet care business, the latter which is still a fast-growing segment in many countries.
Bears Say
Concentration in personal hygiene products could limit long-term growth potential for Unicharm if the pet care segment does not ramp up satisfactorily.
The company could face fierce competition in Southeast Asia if other international players become more aggressive in sales and marketing.
Unicharm’s long-term profit growth outlook in Japan could be damped by the inability to raise prices and improve product mix, given slowing volume growth.