Employees: 1,692
Size Unitika (3103.T) is a Japan Consumer Discretionary company (Textiles) with a market value of $362M, the 1241st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥990 on 6 Nov 2026.
Performance Over six months the shares fell 59.4%, against -24.1% for the median peer and +1.8% for the Japan market (cap-weighted) — lowest of 21 in its peer set.
Growth Revenue fell 11.8% over the last twelve months (peer median +7.1%); the operating margin is 10.6% (peer median 5.9%).
Valuation It trades at 11.8× forward earnings against a peer median of 17.8× (4th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 1% a year for seven years (Req g). Recent delivered growth is +1%, so the hurdle is -0 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.6 points above its cost of capital (11.6% WACC).
Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥112B | ¥119B | ¥126B | ¥118B | ¥118B |
| Revenue growth | — | -6% | +7% | 0% | — |
| Gross profit | ¥29.5B | ¥29.1B | ¥25.3B | ¥18.4B | ¥23.3B |
| EBITDA | ¥15.2B | ¥13.9B | ¥11.3B | ¥3.66B | ¥6.75B |
| Net income | ¥20.9B | ¥18.2B | -¥24.3B | -¥5.44B | ¥103M |
| Free cash flow | n/a | ¥3.03B | ¥2.23B | ¥1.05B | -¥8.01B |
| Capital expenditure | n/a | ¥2.58B | ¥4.06B | ¥7.12B | ¥8.52B |
| Total debt | ¥54.7B | ¥57.3B | ¥93.5B | ¥94.0B | ¥93.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3103.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -32.7% | -8.0% | lowest of 21 |
| 6-month return | -59.4% | -24.1% | lowest of 21 |
| Distance from 52-week high | -77.4% | -37.9% | lowest of 21 |
| Revenue growth (TTM) | -11.8% | +7.1% | 3rd lowest of 21 |
| Operating margin | 10.6% | 5.9% | 8th highest of 21 |
| Forward P/E | 11.8× | 17.8× | 4th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 1.1% | 5.1% | 7th least demanding of 15 |
| Growth delivered (Del g) | +1.4% | +13.3% | 3rd lowest of 15 |
| Hurdle (Req g minus delivered) | -0.4 pp | -13.9 pp | 5th most demanding of 15 |
| ROIC minus cost of capital | +0.6 pp | +1.6 pp | 9th lowest of 21 |
| EV / EBITDA | 4.4× | 9.1× | cheapest of 7 |
| Net debt / EBITDA | 0.6× | -0.6× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Unitika 3103.T | Japan | $362M | -59% | -12% | 11% | 11.8× | 1.1% | +1.4% |
| Elite Color Environmental Resources Science & Technology 002998.SZ | China | $362M | -27% | +9% | 5% | 14.8× | -5.0% | +14.8% |
| San Fang Chemical Industry 1307.TW | Taiwan | $359M | -5% | 0% | 13% | 9.4× | n/a | n/a |
| DI DONG-IL 001530.KS | South Korea | $358M | -22% | 0% | 0% | 26.4× | n/a | n/a |
| Zhongwang Fabric 605003.SS | China | $375M | -24% | +7% | 12% | 25.2× | 13.1% | +1.7% |
| Lubawa LBW.WA | Poland | $381M | +14% | -9% | 23% | n/a | -9.8% | +21.0% |
| Shandong Tongda Island New Materials 300321.SZ | China | $341M | -32% | -10% | 1% | n/a | 44.2% | -0.5% |
| Suzhou Longjie Special Fiber 603332.SS | China | $391M | -16% | +33% | 7% | n/a | -7.3% | +13.5% |
| Ningbo Xianfeng New Material 300163.SZ | China | $394M | +27% | -23% | -35% | n/a | n/a | n/a |
| Shandong Yuma Sun-shading Technology 300993.SZ | China | $403M | -29% | +7% | 17% | 20.8× | 6.8% | +14.4% |
| Hangzhou Wensli Silk Culture 301066.SZ | China | $322M | -24% | +10% | 2% | n/a | n/a | n/a |
| Zhejiang Golden Eagle 600232.SS | China | $311M | -32% | +32% | 6% | n/a | 7.9% | +6.7% |
| Jiangsu Lianfa Textile 002394.SZ | China | $424M | -36% | +1% | 7% | n/a | -11.5% | +0.7% |
| Hunan Huasheng 600156.SS | China | $426M | -35% | -40% | -14% | n/a | n/a | n/a |
| Magnera MAGN | United States | $442M | +2% | +151% | 4% | 9.8× | 3.4% | +28.1% |
| Zhejiang Jiaxin Silk 002404.SZ | China | $449M | -22% | +12% | 5% | n/a | -8.2% | +12.9% |
| Transaction 7818.T | Japan | $453M | +10% | +15% | 20% | 14.3× | -2.6% | +13.0% |
| Zhejiang Yingfeng Technology 605055.SS | China | $472M | -34% | +12% | -4% | 56.8× | 7.4% | +15.3% |
| Beijing Tongyizhong New Material Technology 688722.SS | China | $474M | -22% | +7% | 11% | 22.4× | 10.2% | +28.0% |
| Hs Hyosung Advanced 298050.KS | South Korea | $483M | -46% | +5% | 6% | 9.3× | n/a | n/a |
| Baotek Industrial Materials 5340.TWO | Taiwan | $498M | -33% | +15% | 16% | n/a | 23.1% | +9.5% |