- Asahi Group lowered its full-year operating income forecast to 255.00 billion yen, down from a previous forecast of 262.00 billion yen. Analysts had estimated 276.43 billion yen.
- The company now expects net income to be 167.50 billion yen, revised from 177.50 billion yen, and below the analyst estimate of 189.49 billion yen.
- Projected net sales are slightly revised to 2.95 trillion yen, from an earlier forecast of 2.97 trillion yen, which matched analyst expectations.
- First-half core operating profit was reported at 109.66 billion yen, missing the analyst estimate of 112.66 billion yen.
- For the first half, net sales were 1.36 trillion yen, which was slightly below the forecast of 1.37 trillion yen.
- In the second quarter, Asahi’s operating income came in at 58.32 billion yen, significantly missing the estimate of 72.31 billion yen.
- Second-quarter net income was reported at 37.21 billion yen, falling short of the expected 50.04 billion yen.
- Net sales in the second quarter reached 729.13 billion yen, below the estimate of 742.41 billion yen.
- Analyst recommendations include 15 buys, 2 holds, and no sells.
- Comparisons are based on values reported by the company’s original disclosures.
A look at Asahi Group Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Asahi Group Holdings is positioned for a positive long-term outlook. With strong scores in Value, Dividend, and Growth factors, the company demonstrates robust fundamentals and potential for future expansion. Asahi’s focus on producing a variety of beverages, including both alcoholic and non-alcoholic drinks, positions it well to cater to diverse consumer preferences in both domestic and international markets.
While scoring slightly lower in Resilience and Momentum, Asahi Group Holdings still maintains a solid overall outlook. The company’s ability to adapt to market challenges and sustain dividend payments at a high level showcases its stability. Asahi’s continued growth prospects and strong value proposition bode well for its future performance and continued success in the beverage industry.
### Asahi Group Holdings, Ltd. produces beer and other beverages including non-alcoholic drinks. The Company sells its products in Japan and overseas. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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