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Company Earning Updates

Unicharm (TYO: 8113) 2Q19 Results: Net Sales Ahead of Consensus, Asia Remains a Growth Engine

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Coresight Research

Key Points

  • Unicharm reported 2Q19 net sales of ¥173.9 billion, ahead of the consensus estimate of ¥173.5 billion and up 5.5% from 2Q18.
  • Net sales increased for both the personal care and pet care segments, with pet care up 8.0% year over year.
  • Asia (ex Japan) was a key region driving the company’s top-line growth, with 13.2% net sales growth in 2Q19.

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