WACOAL HOLDINGS (3591) AI Stock Analysis

• Market Cap: $295.03B
• Dividend Yield: 1.86%
• Average Volume (3M): 120.81K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.60
• Revenue Growth: -6.76%
• EPS Growth: N/A
• Country: JP
• Employees: 17,408
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): 7.19
• Shares Outstanding: 52,500,000
• 10 Day Avg. Volume: 112,160
• 30 Day Avg. Volume: 120,813
• PEG Ratio: -0.21
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 1.58
• P/FCF Ratio: 112.42
• Enterprise Value/Market Cap: 0.97
• Enterprise Value/Revenue: 1.66
• Enterprise Value/Gross Profit: 2.94
• Enterprise Value/Ebitda: 8.50
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: ¥5,559.00 ▲(3.27% Upside)

The overall stock score of 56 reflects a stable financial position with strengths in profitability and a conservative balance sheet. However, the stock faces challenges with bearish technical indicators and moderate valuation metrics. The lack of earnings call data and corporate events means these factors do not influence the score.

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 Business (Domestic), Wacoal Business (Overseas), Peach John Business, and Other Businesses segments. The company offers women's foundation garments, including brassieres and girdles; and lingerie, such as slips, bra-slips, and women's briefs. It also designs, manufactures, and sells nightwear, children's underwear, hosiery, and other apparel and textile goods, as well as provides various other services. In addition, the company engages in the restaurant businesses; cultural and service-related operations; construction of stores and interior design; and production and sale of mannequins. Wacoal Holdings Corp. was founded in 1946 and is headquartered in Kyoto, Japan.

How the Company Makes Money

WACOAL HOLDINGS generates revenue primarily through the sale of its intimate apparel products. The company's revenue model is focused on both direct-to-consumer sales through its branded retail stores and e-commerce platforms, as well as wholesale distribution to department stores and specialty retailers. Key revenue streams include the sales of bras, panties, and shapewear, which are often marketed under various brand names, including Wacoal, Playtex, and Vanity Fair. Additionally, WACOAL benefits from strategic partnerships with various retailers that enhance its market reach. The company's emphasis on product innovation and quality helps maintain customer loyalty and allows for premium pricing, which further contributes to its earnings. Seasonal collections and marketing campaigns also play a crucial role in driving sales and brand awareness.

WACOAL HOLDINGS Financial Statement Overview

Summary

Wacoal Holdings presents a mixed financial picture. The income statement indicates challenges in profitability, while the balance sheet shows financial stability with controlled leverage. Cash flow management needs attention to ensure consistent cash generation. The company should focus on improving operational efficiency and cash flow to support long-term growth and shareholder value.

Income Statement

Wacoal Holdings shows a mixed performance in its income statement. Over recent years, revenue has seen fluctuations, with a notable decline in 2025 compared to 2024. The gross profit margin remains relatively stable, indicating solid cost management. However, the EBIT and net profit margins are concerning due to recent negative figures, reflecting potential operational inefficiencies and challenges in generating net profits.

Balance Sheet

The company's balance sheet demonstrates a strong equity position, with a stable equity ratio suggesting financial stability. The debt-to-equity ratio is healthy, indicating controlled leverage. However, a reduction in stockholders' equity in 2025 compared to prior years requires monitoring. Overall, Wacoal Holdings maintains a strong financial position with manageable debt levels.

Cash Flow

Wacoal Holdings' cash flow statement reveals challenges in generating consistent free cash flow. The free cash flow decreased sharply in 2025, and the operating cash flow to net income ratio indicates variability in converting profits into cash. Despite this, the company has managed capital expenditures effectively. Consistent improvement in cash flow generation is necessary to enhance financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	172.39B	173.90B	187.21B	188.59B	172.86B	152.20B
Gross Profit	97.40B	97.44B	104.08B	106.40B	96.25B	84.41B
EBITDA	33.71B	17.30B	3.06B	9.79B	15.90B	17.00B
Net Income	17.61B	6.99B	-8.63B	-1.64B	4.61B	7.03B
Balance Sheet
Total Assets	282.44B	272.18B	294.03B	285.30B	303.25B	322.76B
Cash, Cash Equivalents and Short-Term Investments	36.73B	23.42B	33.55B	26.78B	39.37B	65.25B
Total Debt	24.78B	26.84B	20.64B	20.41B	24.55B	55.10B
Total Liabilities	77.44B	77.29B	78.89B	72.18B	77.19B	104.14B
Stockholders Equity	202.04B	191.82B	211.83B	209.83B	217.99B	215.61B
Cash Flow
Free Cash Flow	4.98B	2.44B	7.91B	2.29B	3.26B	-1.34B
Operating Cash Flow	8.24B	4.94B	11.29B	7.33B	13.01B	4.26B
Investing Cash Flow	28.94B	9.38B	14.05B	3.90B	-3.10B	-2.56B
Financing Cash Flow	-28.35B	-22.93B	-20.21B	-22.54B	-36.35B	33.60B

WACOAL HOLDINGS Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5383.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3591, the sentiment is Negative. The current price of 5383 is below the 20-day moving average (MA) of 5653.35, below the 50-day MA of 5645.27, and above the 200-day MA of 5214.47, indicating a neutral trend. The MACD of -43.73 indicates Positive momentum. The RSI at 34.48 is Neutral, neither overbought nor oversold. The STOCH value of 7.10 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3591.

WACOAL HOLDINGS Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3569	―	$161.22B	12.11	10.88%	2.43%	9.12%	7.93%
8016	―	¥88.00B	9.52	11.49%	6.18%	16.27%	17.45%
7447	―	¥53.38B	21.12	―	5.69%	3.48%	-6.26%
3201	―	¥100.66B	14.00	―	2.53%	7.56%	-17.12%
3002	―	€126.63B	40.26	2.97%	3.80%	1.05%	-36.55%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
3591	―	$295.03B	16.90	8.86%	1.86%	-6.76%	―

WACOAL HOLDINGS Corporate Events

Wacoal Holdings Revises Earnings Forecast Amid Market Challenges

Wacoal Holdings has revised its consolidated earnings forecast for the second quarter of the fiscal year ending March 2026, citing a 9.4% decline in revenue compared to previous estimates. The shortfall is attributed to sluggish sales in major markets, particularly in women’s innerwear, and challenges in the U.S. retail environment. Despite some brand promotions and a recovery in e-commerce shipments in Europe after a warehouse fire, the company did not meet its sales targets. The forecast for the full fiscal year is under review, with further announcements expected in November.

The most recent analyst rating on (JP:3591) stock is a Hold with a Yen6186.00 price target. To see the full list of analyst forecasts on WACOAL HOLDINGS stock, see the JP:3591 Stock Forecast page.

Wacoal Holdings Announces Treasury Stock Buyback

Wacoal Holdings Corp. announced the purchase of 431,200 shares of its common stock for approximately 2.5 billion yen as part of a treasury stock buyback program. This move is part of a broader strategy approved by the board to purchase up to 5.8 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:3591) stock is a Hold with a Yen5858.00 price target. To see the full list of analyst forecasts on WACOAL HOLDINGS stock, see the JP:3591 Stock Forecast page.

Wacoal Holdings Announces Treasury Stock Purchase

Wacoal Holdings Corp. announced the purchase of 233,100 shares of its own common stock, amounting to 1,336,281,400 yen, as part of a previously resolved plan to buy back up to 5,800,000 shares. This move is part of a strategic initiative to manage capital structure and potentially enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations and market positioning.

The most recent analyst rating on (JP:3591) stock is a Hold with a Yen5858.00 price target. To see the full list of analyst forecasts on WACOAL HOLDINGS stock, see the JP:3591 Stock Forecast page.

Wacoal Holdings Announces Treasury Stock Purchase to Enhance Shareholder Value

Wacoal Holdings Corp. announced the purchase of 415,700 shares of its own common stock, valued at approximately 2.16 billion yen, as part of a broader plan to acquire up to 5.8 million shares. This strategic move, executed through market purchases and off-auction trading, aims to enhance shareholder value and optimize capital structure, reflecting the company’s commitment to efficient capital management.

Wacoal Holdings Reports Strong Profit Growth Despite Revenue Decline

Wacoal Holdings Corp. reported its consolidated business results for the first quarter of the fiscal year ending March 31, 2026, showing a decrease in revenue by 3.2% compared to the previous year. However, the company experienced significant growth in business profit, operating profit, and profit before tax, with increases of 51.1%, 516.2%, and 370.6% respectively. This indicates a strong operational performance despite the drop in revenue. The company’s financial condition remains robust with an increase in total assets and equity attributable to owners. The dividend forecast remains unchanged, reflecting stability in shareholder returns.