{"slug":"kimberly-clark","name":"킴벌리클라크","name_en":"Kimberly-Clark Corporation","ticker":"KMB","updated_at":"2026-09-23T09:44:31.114341+00:00","canonical":"https://valuechain.wiki/kimberly-clark","citable":"밸류체인 그래프 기준 킴벌리클라크의 직접 연결 기업은 4곳(관계 기준 공급 1·매출 2·투자 1)이고, 사슬을 2차까지 넓히면 7곳에 닿는다. 링크의 근거 출처는 5건이며 그중 1차공시가 2건이다 (valuechain.wiki, 2026-09-23 기준).","citable_en":"Per the valuechain.wiki graph, Kimberly-Clark Corporation is directly linked to 4 companies (1 supply, 2 revenue, 1 investment relationships) and reaches 7 companies within two hops; the links are backed by 5 dated sources, 2 of them primary filings (as of 2026-09-23).","kicker":"생활위생용품 제조사","kicker_en":"Personal care and tissue maker","lead":"킴벌리클라크는 하기스, 크리넥스, 코튼엘, 디펜드 같은 생활위생 브랜드를 대형 소매점과 유통 채널에 판매해 돈을 번다. 제품 생산에는 펄프, 합성수지, 초흡수체 같은 원재료를 쓰며, 켄뷰 인수를 통해 소비자 건강 사업으로 범위를 넓히려 한다.","lead_en":"Kimberly-Clark earns revenue by selling personal care and tissue brands such as Huggies, Kleenex, Cottonelle and Depend through large retailers and distributors. It spends on inputs including pulp, synthetics and superabsorbent materials, while its pending Kenvue acquisition would expand the company into consumer health.","categories":[{"key":"branded-consumer-goods","ko":"브랜드 소비재","en":"Branded Consumer Goods","theme":"consumer-commerce","theme_ko":"소비 브랜드·유통","theme_en":"Consumer Brands & Commerce","theme_kind":"sector","primary":true}],"segments":{"parts":[{"name":"북미"},{"name":"해외 퍼스널케어"}],"total":"FY2025 계속사업 매출 164억 4,700만 달러","track":"C"},"segments_en":{"parts":[{"name":"North America"},{"name":"International Personal Care"}],"total":"FY2025 continuing-operations revenue of $16.447 billion"},"returns_yearly":{"2021":9.7,"2022":-1.6,"2023":-7.1,"2024":11.8,"2025":-19.9,"2026":6.8},"return_asof":"2026-09-04","value_chain":{"leading":[{"slug":"unitedhealth-group","name":"유나이티드헬스 그룹","name_en":"UnitedHealth Group 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Johnson","tier":2,"returns_yearly":{"2021":11.4,"2022":6,"2023":-8.6,"2024":-4.8,"2025":47.5,"2026":35.1}},{"slug":"microsoft","name":"마이크로소프트","name_en":"Microsoft","tier":2,"returns_yearly":{"2021":52.5,"2022":-28,"2023":58.2,"2024":12.9,"2025":15.6,"2026":4}},{"slug":"seagate","name":"Seagate","name_en":"Seagate Technology","tier":3,"returns_yearly":{"2021":87.5,"2022":-51.4,"2023":69.1,"2024":4.1,"2025":225.3,"2026":209.1}},{"slug":"amd","name":"AMD","name_en":"AMD","tier":3,"returns_yearly":{"2021":56.9,"2022":-55,"2023":127.6,"2024":-18.1,"2025":77.3,"2026":183.9}},{"slug":"nebius","name":"Nebius","name_en":"Nebius 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Micro","tier":3,"returns_yearly":{"2021":38.8,"2022":86.8,"2023":246.2,"2024":7.2,"2025":-4,"2026":43}},{"slug":"caterpillar","name":"Caterpillar","name_en":"Caterpillar","tier":3,"returns_yearly":{"2021":16,"2022":18.6,"2023":25.9,"2024":24.7,"2025":60.3,"2026":40.6}},{"slug":"ciena","name":"Ciena","name_en":"Ciena","tier":3,"returns_yearly":{"2021":45.6,"2022":-33.8,"2023":-11.7,"2024":88.4,"2025":175.8,"2026":37.3}},{"slug":"equinix","name":"Equinix","name_en":"Equinix","tier":3,"returns_yearly":{"2021":20.3,"2022":-21.1,"2023":25.4,"2024":19.5,"2025":-16.9,"2026":37.3}},{"slug":"eaton","name":"Eaton","name_en":"Eaton","tier":3,"returns_yearly":{"2021":46.7,"2022":-7.2,"2023":56.2,"2024":39.5,"2025":-2.8,"2026":36}},{"slug":"digital-realty","name":"Digital Realty","name_en":"Digital 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Hai)","tier":3,"returns_yearly":{"2021":-5.1,"2022":2.8,"2023":7.8,"2024":80.1,"2025":26.9,"2026":16.3}},{"slug":"coreweave","name":"CoreWeave","name_en":"CoreWeave","tier":3,"returns_yearly":{"2026":14.6}},{"slug":"schneider-electric","name":"Schneider Electric","name_en":"Schneider Electric","tier":3,"returns_yearly":{"2021":25.9,"2022":1.6,"2023":25.8,"2024":36.1,"2025":0.5,"2026":11.7}},{"slug":"cummins","name":"Cummins","name_en":"Cummins","tier":3,"returns_yearly":{"2021":-1.7,"2022":14.1,"2023":1.7,"2024":48.9,"2025":49.4,"2026":11}},{"slug":"automatic-data-processing","name":"오토매틱 데이터 프로세싱","name_en":"Automatic Data Processing, Inc.","tier":3,"returns_yearly":{"2021":42.6,"2022":-1.3,"2023":-0.2,"2024":28.4,"2025":-10.2,"2026":9.6}},{"slug":"3m","name":"3M","name_en":"3M Company","tier":3,"returns_yearly":{"2021":4.9,"2022":-29.6,"2023":-3.3,"2024":46.1,"2025":26.4,"2026":6.8}},{"slug":"legrand","name":"르그랑","name_en":"Legrand","tier":3,"returns_yearly":{"2021":20.3,"2022":-7.1,"2023":12.8,"2024":11.9,"2025":39.3,"2026":6.1}},{"slug":"expedia-group","name":"익스피디아 그룹","name_en":"Expedia Group, Inc.","tier":3,"returns_yearly":{"2021":36.5,"2022":-51.5,"2023":73.3,"2024":22.8,"2025":53.3,"2026":5.8}},{"slug":"wec-energy-group","name":"WEC 에너지 그룹","name_en":"WEC Energy Group","tier":3,"returns_yearly":{"2021":8.7,"2022":-0.5,"2023":-7,"2024":16.1,"2025":16,"2026":3.1}},{"slug":"blackrock","name":"BlackRock","name_en":"BlackRock","tier":3,"returns_yearly":{"2021":29.4,"2022":-20.4,"2023":17.9,"2024":29.3,"2025":6.6,"2026":2.8}},{"slug":"brookfield","name":"Brookfield","name_en":"Brookfield Asset Management Ltd.","tier":3,"returns_yearly":{"2023":45.6,"2024":39.7,"2025":-0.2,"2026":-9.7}},{"slug":"ionq","name":"IonQ","name_en":"IonQ","tier":3,"returns_yearly":{"2022":-79.3,"2023":259.1,"2024":237.1,"2025":7.4,"2026":-11.9}},{"slug":"constellation-energy","name":"Constellation Energy","name_en":"Constellation Energy","tier":3,"returns_yearly":{"2023":37.2,"2024":92.7,"2025":58.8,"2026":-15.3}},{"slug":"take-two-interactive","name":"테이크투 인터랙티브","name_en":"Take-Two Interactive Software, Inc.","tier":3,"returns_yearly":{"2021":-14.5,"2022":-41.4,"2023":54.6,"2024":14.4,"2025":39.1,"2026":-16.6}},{"slug":"yuhan","name":"유한양행","name_en":"Yuhan Corporation","tier":3,"returns_yearly":{"2021":-9,"2022":-2.3,"2023":19.7,"2024":119.9,"2025":-16.7,"2026":-24.2}},{"slug":"ligachem-biosciences","name":"리가켐바이오","name_en":"LigaChem Biosciences","tier":3,"returns_yearly":{"2021":-26.2,"2022":-18.1,"2023":37.1,"2024":151,"2025":60.5,"2026":-63.9}},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null}],"analysis":"생활위생용품 제조사 기업. 2026년 +6.8%다. 본주(+6.8%)와 수요단(평균 +1.8%)이 같은 보폭으로 움직인다. 연결 노드 중 가장 앞선 곳은 코스트코(+6.7%), 가장 처진 곳은 월마트(-3.2%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"Kimberly-Clark Corporation operates across Personal care and tissue maker. It is +6.8% in 2026. The stock (+6.8%) and its demand side (avg +1.8%) are moving in step. Among connected nodes the furthest ahead is Costco Wholesale (+6.7%) and the furthest behind is Walmart Inc (-3.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. It spends on inputs including pulp, synthetics and superabsorbent materials, while its pending Kenvue acquisition would expand the company into consumer health.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investment","counterparty":"켄뷰","counterparty_slug":"kenvue","confidence":"high","metric":{"type":"contract_value","unit":"USD","as_of":"2025-11-03","basis":"Kenvue 인수 거래의 발표 당시 기업가치","value":48700000000,"period":"announced 2025","basis_en":"Announced enterprise value of the Kenvue acquisition","qualifier":"pending_transaction"},"note":"킴벌리클라크는 현금과 주식으로 Kenvue의 발행주식 전량을 인수하는 합병 계약을 체결했다. 공시 당시 기업가치는 약 487억 달러였으며 거래 종결은 승인과 통상 조건 충족을 전제로 한다.","note_en":"Kimberly-Clark signed a cash-and-stock merger agreement to acquire all outstanding Kenvue shares. The announced enterprise value was approximately $48.7 billion, and closing remains subject to approvals and customary conditions.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"The Korea Economic Daily","kind":"news","lang":"ko","published_at":"2025-11-04","url":"https://www.hankyung.com/article/2025110436261","title":"킴벌리, 타이레놀 제조사 켄뷰 인수…주가는 급락","title_en":"Kimberly-Clark to Acquire Tylenol Maker Kenvue as Shares Tumble","excerpt":"킴벌리클라크가 타이레놀 제조사 켄뷰를 400억달러에 인수하기로 했다.","excerpt_en":"Kimberly-Clark agreed to acquire Tylenol maker Kenvue for $40 billion."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-11-03","url":"https://www.sec.gov/Archives/edgar/data/55785/000110465925105220/tm2530027d1_ex99-1.htm","title":"킴벌리클라크의 Kenvue 인수 발표","title_en":"Kimberly-Clark to Acquire Kenvue, Creating a $32 Billion Global Health and Wellness Leader","excerpt":"킴벌리클라크는 약 487억 달러의 기업가치로 Kenvue 발행주식 전량을 인수하는 계약을 발표했다.","excerpt_en":"Kimberly-Clark will acquire all outstanding shares of Kenvue ... at an enterprise value of approximately $48.7 billion."}]},{"direction":"revenue","counterparty":"Walmart Inc","counterparty_slug":"walmart","confidence":"high","metric":{"type":"revenue_share","unit":"pct","as_of":"2026-02-12","basis":"Walmart가 차지한 킴벌리클라크 계속사업 순매출 비중","value":16,"period":"FY2025","basis_en":"Walmart share of Kimberly-Clark net sales from continuing operations","qualifier":null},"note":"Walmart는 킴벌리클라크의 최대 고객이다. FY2025 계속사업 매출의 16%가 Walmart에서 발생했고 대부분 북미 부문에 귀속됐다.","note_en":"Walmart is Kimberly-Clark's largest customer. It generated 16% of FY2025 net sales from continuing operations, primarily in the North America segment.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-12","url":"https://www.sec.gov/Archives/edgar/data/55785/000162828026007567/kmb-20251231.htm","title":"KIMBERLY CLARK CORP 10-K (2026-02-12)","title_en":"KIMBERLY CLARK CORP 10-K (2026-02-12)","excerpt":"최대 고객 Walmart는 2025년 계속사업 순매출의 약 16%를 차지했다.","excerpt_en":"Our largest customer, Walmart Inc., represented approximately 16% in 2025 of our net sales from continuing operations."}]},{"direction":"revenue","counterparty":"Costco Wholesale","counterparty_slug":"costco","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2025-05-26","basis":"Costco를 통한 하기스 제품 매출","value":null,"period":"2025","basis_en":"Revenue from Huggies products sold through Costco","qualifier":"confirmed_no_disclosed_value"},"note":"Costco는 하기스 기저귀의 대형 창고형 소매 채널이다. 킴벌리클라크가 Kirkland 자체상표 생산에서 철수한 뒤에도 분석 자료는 Costco 내 하기스 구매율과 점유율 흐름을 별도로 추적했다.","note_en":"Costco is a major warehouse-club channel for Huggies diapers. After Kimberly-Clark began exiting Kirkland private-label production, the analysis continued to track Huggies buy rates and share trends at Costco.","sources":[{"stance":"confirms","publisher":"재규어 애널리틱스","publisher_en":"JaguarAnalytics","kind":"analysis","lang":"en","published_at":"2025-05-26","url":"https://www.jaguaranalytics.com/home-post/kimberly-clark-kmb-enjoy-the-mess/","title":"킴벌리클라크: Enjoy the Mess!","title_en":"Kimberly Clark (KMB) - Enjoy the Mess!","excerpt":"Numerator 자료에서 Costco 기저귀 카테고리의 하기스 구매율 흐름이 별도로 관측됐다.","excerpt_en":"Numerator data suggests similar trends in buy rate for Huggies in the diapering category at Costco."}]},{"direction":"cost","counterparty":"인터내셔널 페이퍼","counterparty_slug":"international-paper","confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2022-08-04","basis":"International Paper에서 조달한 펄프 구매액","value":null,"period":"2021-2022 trade-data sample","basis_en":"Pulp procurement spend paid to International Paper","qualifier":"confirmed_no_disclosed_value"},"note":"International Paper는 무역자료 표본에서 킴벌리클라크 해외 법인에 펄프를 공급한 주요 업체로 확인됐다. 회사 전체 구매액은 공개되지 않았다.","note_en":"International Paper was identified in a trade-data sample as a major pulp supplier to Kimberly-Clark entities outside the United States. Company-wide purchasing value is not disclosed.","sources":[{"stance":"confirms","publisher":"에이드인바이런먼트","publisher_en":"Aidenvironment","kind":"research","lang":"en","published_at":"2022-08-04","url":"https://aidenvironment.org/wp-content/uploads/2022/08/2022-08-04-Final-Less-than-15-MB-version-Worlds-Tissue-Paper-Companies.pdf","title":"세계 티슈 기업과 산림 관리","title_en":"The World's Tissue Paper Companies and Their Care for Forests","excerpt":"무역자료에서 International Paper가 킴벌리클라크 법인의 주요 펄프 공급사로 나타났다.","excerpt_en":"International Paper ... appear to be large suppliers to Kimberly-Clark companies."}]},{"direction":"cost","counterparty":"Domtar","counterparty_slug":null,"confidence":"mid","metric":{"type":"amount","unit":"USD","as_of":"2022-08-04","basis":"Domtar에서 조달한 펄프 구매액","value":null,"period":"2021-2022 trade-data sample","basis_en":"Pulp procurement spend paid to Domtar","qualifier":"confirmed_no_disclosed_value"},"note":"Domtar는 무역자료 표본에서 킴벌리클라크 해외 법인에 펄프를 공급한 주요 업체로 확인됐다. 회사 전체 구매액은 공개되지 않았다.","note_en":"Domtar was identified in a trade-data sample as a major pulp supplier to Kimberly-Clark entities outside the United States. Company-wide purchasing value is not disclosed.","sources":[{"stance":"confirms","publisher":"에이드인바이런먼트","publisher_en":"Aidenvironment","kind":"research","lang":"en","published_at":"2022-08-04","url":"https://aidenvironment.org/wp-content/uploads/2022/08/2022-08-04-Final-Less-than-15-MB-version-Worlds-Tissue-Paper-Companies.pdf","title":"세계 티슈 기업과 산림 관리","title_en":"The World's Tissue Paper Companies and Their Care for Forests","excerpt":"무역자료에서 Domtar가 킴벌리클라크 법인의 주요 펄프 공급사로 나타났다.","excerpt_en":"Domtar ... appear to be large suppliers to Kimberly-Clark companies."}]}]}