# Unicharm vs Valor Holdings

> Unit: JPY millions (ratios in %)
> Periods: Unicharm = FY ending Dec 2025, consolidated, IFRS / Valor Holdings = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T22:07:21.554Z

| Metric | Unicharm | Valor Holdings |
| --- | ---: | ---: |
| Revenue | 945,268 | 896,199 |
| Operating income | — | 27,580 |
| Net income | 65,212 | 16,476 |
| COGS ratio | 60.9% | 72.6% |
| Operating margin | — | 3.1% |
| Net margin | 6.9% | 1.8% |
| FCF margin | 10.9% | 1.1% |
| Period | FY ending Dec 2025 | FY ending Mar 2026 |
| Source | S100XSEU | S100YHUD |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Unicharm | Valor Holdings |
| --- | ---: | ---: |
| Revenue growth | 65 (10 peers) | 61.1 (45 peers) |
| Profitability | — | 54.1 (49 peers) |
| Cash conversion | — | 64.9 (47 peers) |
| Efficiency | 45 (10 peers) | 35.7 (49 peers) |
| Financial strength | — | 68.8 (8 peers) |

## Company details

- https://vizora.meequs.com/en/company/unicharm/md
- https://vizora.meequs.com/en/company/valor-holdings/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).