VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Unicharm Corporation vs Greggs plc

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Unicharm Corporation

8113 · Tokyo Stock Exchange

Market cap (USD)$10.4B
Gross margin (TTM)37.7%
Operating margin (TTM)11.5%
Net margin (TTM)6.9%
SectorConsumer
IndustryHousehold & Personal Products
CountryJP
Data as of2025-12-29
Moat score
60/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Unicharm Corporation's moat claims, evidence, and risks.

View 8113 analysis

Greggs plc

GRG · London Stock Exchange

Market cap (USD)$2.2B
Gross margin (TTM)61.6%
Operating margin (TTM)9.4%
Net margin (TTM)6.6%
SectorConsumer
IndustryGrocery Stores
CountryGB
Data as of2026-01-31
Moat score
64/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Greggs plc's moat claims, evidence, and risks.

View GRG analysis

Comparison highlights

  • Moat score gap: Greggs plc leads (64 / 100 vs 60 / 100 for Unicharm Corporation).
  • Segment focus: Unicharm Corporation has 5 segments; Greggs plc has 2 segments (88.4% in Retail company-managed shops).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: Unicharm Corporation has 7 moat types across 3 domains; Greggs plc has 5 across 2.

Primary market context

Unicharm Corporation

Baby and Child Care Products

Market

Disposable baby diapers and baby wipes

Geography

Japan, Asia, Middle East, and selected other markets

Customer

Consumers (parents/caregivers)

Role

Branded manufacturer

Greggs plc

Retail company-managed shops

Market

UK food-to-go retail (bakery/QSR) sold through company-operated shops and delivery

Geography

United Kingdom

Customer

Consumers (end customers)

Role

Retailer and vertically integrated manufacturer-distributor

Revenue share

88.4%

Side-by-side metrics

Unicharm Corporation
Greggs plc
Ticker / Exchange
8113 - Tokyo Stock Exchange
GRG - London Stock Exchange
Market cap (USD)
$10.4B
$2.2B
Gross margin (TTM)
37.7%
61.6%
Operating margin (TTM)
11.5%
9.4%
Net margin (TTM)
6.9%
6.6%
Sector
Consumer
Consumer
Industry
Household & Personal Products
Grocery Stores
HQ country
JP
GB
Primary segment
Baby and Child Care Products
Retail company-managed shops
Market structure
Oligopoly
Competitive
Market share
35%-84% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
60 / 100
64 / 100
Moat domains
Demand, Supply, Legal
Supply, Demand
Last update
2025-12-29
2026-01-31

Moat coverage

Shared moat types

Brand TrustHabit Default

Unicharm Corporation strengths

Distribution ControlCapex Knowhow ScaleTraining Org Change CostsIP Choke PointOperational Excellence

Greggs plc strengths

Physical Network DensitySupply Chain ControlLong Term Contracts

Segment mix

Unicharm Corporation segments

Full profile >

Baby and Child Care Products

Oligopoly

n/a

Feminine Care Products

Oligopoly

n/a

Wellness Care Products (Adult Incontinence)

Oligopoly

n/a

Pet Care Products

Competitive

n/a

Industrial Materials and Other Businesses

Competitive

n/a

Greggs plc segments

Full profile >

Retail company-managed shops

Competitive

88.4%

Business-to-business (franchise & wholesale)

Competitive

11.6%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.