WACOAL HOLDINGS CORP (JP:3591)
:3591
Top Page
WACOAL HOLDINGS
(3591)
Select Model
Select Model
Rating:59Neutral
Price Target:
¥4,151.00
▼(-9.19% Downside)
Action:ReiteratedDate:02/18/26
The score is driven primarily by improved profitability and a low-leverage balance sheet, but is held back by contracting revenue and uneven cash conversion. Technical signals are neutral with the stock still below longer-term moving averages, and valuation is moderate with a modest dividend yield.
Positive Factors
Conservative balance sheet
Wacoal's low debt relative to equity provides durable financial flexibility, lowering refinancing and solvency risk during weak retail cycles. A conservative balance sheet supports continued investment in products, stores or e-commerce and cushions operating volatility over months.
Negative Factors
Contracting revenue
Declining top line is a structural concern: sustained revenue contraction undermines operating leverage and growth prospects, pressures SG&A absorption and makes margins and earnings less reliable. Over months this can erode market share and reduce scale advantages in retail and sourcing.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Wacoal's low debt relative to equity provides durable financial flexibility, lowering refinancing and solvency risk during weak retail cycles. A conservative balance sheet supports continued investment in products, stores or e-commerce and cushions operating volatility over months.
Read all positive factors
WACOAL HOLDINGS (3591) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥226.46B
Dividend Yield2.29%
Average Volume (3M)120.81K
Price to Earnings (P/E)39.7
Beta (1Y)0.53
Revenue Growth-6.04%
EPS Growth146.54%
CountryJP
Employees17,408
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)29.61
Shares Outstanding52,500,000
10 Day Avg. Volume112,160
30 Day Avg. Volume120,813
Financial Highlights & Ratios
PEG Ratio-0.21
Price to Book (P/B)1.43
Price to Sales (P/S)1.58
P/FCF Ratio112.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)155.3
Revenue Forecast (FY)¥196.00B
WACOAL HOLDINGS Business Overview & Revenue Model
Company Description
Wacoal Holdings Corp. engages in the manufacture, wholesale, and retail sale of intimate apparel, outerwear, sportswear, and other textile products and accessories in Japan, Asia, Oceania, the Americas, and Europe. It operates through Wacoal Busin...
How the Company Makes Money
Wacoal Holdings makes money primarily by selling branded apparel—especially lingerie and innerwear—through a mix of retail and wholesale channels. Revenue is generated from (1) direct-to-consumer sales via company-operated stores and e-commerce, w...
WACOAL HOLDINGS Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 170.71B | 173.90B | 187.21B | 188.59B | 172.07B | 152.20B |
| Gross Profit | 97.15B | 87.25B | 93.76B | 95.38B | 86.58B | 84.41B |
| EBITDA | 9.90B | 8.43B | 15.37B | 16.47B | 11.18B | 8.83B |
| Net Income | 11.69B | 6.99B | -8.63B | -1.64B | 1.73B | 7.03B |
Balance Sheet | ||||||
| Total Assets | 289.03B | 272.18B | 294.03B | 285.66B | 299.18B | 322.76B |
| Cash, Cash Equivalents and Short-Term Investments | 36.60B | 23.42B | 33.55B | 26.78B | 37.48B | 65.25B |
| Total Debt | 23.97B | 26.84B | 20.64B | 20.41B | 25.30B | 55.10B |
| Total Liabilities | 80.78B | 77.29B | 78.89B | 72.18B | 78.31B | 102.51B |
| Stockholders Equity | 205.31B | 191.82B | 211.83B | 210.20B | 217.99B | 217.25B |
Cash Flow | ||||||
| Free Cash Flow | 5.98B | 2.44B | 9.48B | 4.46B | 10.00B | 1.50B |
| Operating Cash Flow | 9.57B | 4.94B | 11.29B | 7.33B | 16.62B | 4.26B |
| Investing Cash Flow | 29.28B | 9.38B | 14.13B | 4.30B | -2.93B | -3.92B |
| Financing Cash Flow | -31.82B | -22.93B | -20.29B | -22.94B | -41.12B | 34.97B |
WACOAL HOLDINGS Technical Analysis
Neutral
4571.00
Price Trends
4291.13
Positive
4439.21
Negative
4892.90
Negative
Market Momentum
-19.49
Negative
63.29
Neutral
97.51
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3591, the sentiment is Neutral. The current price of 4571 is above the 20-day moving average (MA) of 4096.35, above the 50-day MA of 4291.13, and below the 200-day MA of 4892.90, indicating a neutral trend. The MACD of -19.49 indicates Negative momentum. The RSI at 63.29 is Neutral, neither overbought nor oversold. The STOCH value of 97.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:3591.
WACOAL HOLDINGS Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | ¥173.56B | 9.78 | 10.24% | 2.43% | 6.08% | 8.55% | |
77 Outperform | ¥138.23B | 14.56 | 11.70% | 3.59% | 3.96% | -36.24% | |
68 Neutral | ¥53.89B | 7.26 | 18.28% | 6.12% | -6.22% | 679.61% | |
66 Neutral | ¥116.91B | 17.53 | 2.80% | 3.38% | >-0.01% | -49.83% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
59 Neutral | ¥226.46B | 39.72 | 5.31% | 2.29% | -6.04% | 146.54% | |
57 Neutral | ¥16.19B | -14.15 | ― | ― | 4.15% | -289.87% |
* Consumer Cyclical Sector Average
JP:3591
WACOAL HOLDINGS
4,350.00
-627.14
-12.60%
JP:3002
Gunze
3,945.00
1,580.70
66.86%
JP:3569
Seiren Co
3,235.00
1,067.99
49.28%
JP:3608
TSI Holdings Co
1,113.00
44.31
4.15%
JP:2685
Adastria Co.,Ltd.
3,055.00
354.50
13.13%
JP:3529
Atsugi Co., Ltd.
1,010.00
55.00
5.76%
WACOAL HOLDINGS Corporate Events
Wacoal to Acquire U.S. Full-Figure Lingerie Brand Glamorise to Drive DTC Growth
Mar 30, 2026
Wacoal Holdings has approved the acquisition of all shares of U.S.-based Glamorise Foundations, Inc. via its subsidiary Wacoal Direct Corp., using cash on hand to fund the purchase. Glamorise designs, develops, and sells women’s innerwear on...
Wacoal Completes ¥12.4 Billion Share Buyback Program
Mar 26, 2026
Wacoal Holdings Corp., a leading Japanese intimate apparel maker listed on the TSE Prime Market, focuses on lingerie and related innerwear products for consumers in Japan and overseas. The company leverages its established brand portfolio and mark...
Wacoal Reshapes Top Management as CFO Role Shifts to Hirooka
Feb 24, 2026
Wacoal Holdings has announced a reshuffle of its top management, with Representative Director, Vice President and CFO Akira Miyagi resigning as representative director effective April 1, 2026, as part of a broader change in the management structur...
Wacoal Lifts Profit Despite Lower Sales and Maintains Full-Year Dividend Outlook
Feb 13, 2026
Wacoal Holdings reported consolidated revenue of ¥130.3 billion for the nine months ended December 31, 2025, down 2.4% year on year, but business profit more than doubled and operating profit surged 104%, lifting profit attributable to owners...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.