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Company Earnings Update

Unicharm (TYO: 8113) 1Q19 Results: Net Sales Ahead of Consensus, Asia Remains a Growth Engine

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Coresight Research

Key Points

  • Unicharm reported 1Q19 net sales of ¥168.6 billion, broadly in line with the consensus estimate and up 4.8% from 1Q18.
  • Net sales increased for both the personal care and pet care segments, with personal care up 5.1% year over year.
  • Asia (ex Japan) was a key driver of top-line growth, with 14.7% net sales growth in 1Q19.

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