- Fuji Electric raised its forecast for the fiscal year’s operating income to 124.50 billion yen, surpassing both its previous outlook of 118.00 billion yen and market estimates of 116.75 billion yen.
- The company expects a net income of 85.50 billion yen, which is higher than both the previous forecast of 81.00 billion yen and the market estimate of 81.76 billion yen.
- Fuji Electric‘s net sales are projected to reach 1.16 trillion yen, exceeding both the prior anticipation and the market estimate, both of which stood at 1.14 trillion yen.
- For the first quarter, the operating income was 18.09 billion yen, marking a 4.9% year-on-year increase and beating the market estimate of 13.49 billion yen.
- The first quarter net income was 10.93 billion yen, which is a 4.8% decrease year-on-year but still above the market estimates of 9.6 billion yen.
- Net sales for the first quarter amounted to 247.92 billion yen, reflecting a 4.9% increase year-on-year and exceeding the market’s expectation of 239.14 billion yen.
- Analyst recommendations include 10 ‘buys’, 4 ‘holds’, and 1 ‘sell’ for Fuji Electric‘s stock.
- The figures provided are comparisons based on the company’s original disclosures.
A look at Fuji Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
According to SmartKarma Smart Scores, Fuji Electric shows promising indicators for long-term growth. With solid scores in Growth and Momentum, the company seems positioned for potential expansion and positive market performance. Additionally, its Resilience score suggests a stable standing even in challenging times, providing a layer of security for investors.
Fuji Electric, a manufacturer of electric machinery and electronic devices, is rated well in key areas like Growth and Momentum. Although the Value score is moderate, the company’s overall outlook appears optimistic, supported by its diverse range of products including automatic vending machines, factory automation equipment, and power supplies. This mix of offerings could contribute to Fuji Electric‘s sustained success in the market.
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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