Earnings Alerts

Daito Trust Construct (1878) Earnings Report: FY Operating Income Misses Estimates Despite Yearly Growth

  • Daito Trust’s fiscal year forecast for operating income is 125.00 billion yen, which is below the estimated 128.72 billion yen.
  • The net income forecast is 90.00 billion yen, slightly below the estimate of 90.9 billion yen.
  • The company expects net sales of 1.97 trillion yen, which surpasses the estimated 1.9 trillion yen.
  • For the first half of the fiscal year, Daito Trust anticipates:
    • Net income of 42.00 billion yen
    • Operating income of 58.00 billion yen
    • Net sales of 940.00 billion yen
  • In the fourth quarter, the company reported:
    • Operating income of 16.08 billion yen, a 32% year-over-year decrease, falling short of the 19.03 billion yen estimate.
    • Net income of 16.98 billion yen, a 17% increase year-over-year, exceeding the 9.65 billion yen estimate.
    • Net sales of 480.18 billion yen, a 4% year-over-year increase, beating the 458.99 billion yen estimate.
    • A dividend of 427.00 yen, compared to 288.00 yen last year.
  • For the year, Daito Trust achieved:
    • Operating income of 118.88 billion yen, a 13% increase year-over-year, but below the 121.07 billion yen estimate.
    • Net income of 93.86 billion yen, a 26% year-over-year increase, surpassing the 87.29 billion yen estimate.
    • Net sales of 1.84 trillion yen, up 6.4% year-over-year, slightly above the 1.83 trillion yen estimate.
    • A dividend of 714.00 yen, compared to 555.00 yen last year, and higher than the 657.26 yen estimate.
  • The current analyst recommendations for Daito Trust stock include 2 buys, 5 holds, and 1 sell.

A look at Daito Trust Construct Smart Scores

FactorScoreMagnitude
Value2
Dividend5
Growth4
Resilience4
Momentum2
OVERALL SMART SCORE3.4

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

DAITO TRUST CONSTRUCTION CO., LTD., which operates building construction and real estate businesses, has garnered varying scores across different factors according to Smartkarma Smart Scores. The company received a top score of 5 for Dividend, indicating strong performance in this aspect. Additionally, Daito Trust Construct received favorable scores in Growth (4) and Resilience (4), suggesting positive prospects for future expansion and ability to withstand economic challenges. However, the company scored lower in Value (2) and Momentum (2), reflecting potential concerns in terms of its current valuation and market momentum.

Overall, based on the Smartkarma Smart Scores analysis, Daito Trust Construction showcases a solid outlook in areas such as Dividend, Growth, and Resilience. Investors may find the company attractive for its strong dividend performance and growth potential, although considerations around value and momentum may need to be factored into investment decisions.


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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