- Hikari Tsushin updated its forecast for the fiscal year operating income to 105.00 billion yen.
- The company initially anticipated 100.00 billion yen in operating income, but it was lower than the estimated 107.65 billion yen.
- Net income for the fiscal year is expected to be 115.00 billion yen, surpassing the previous forecast of 90.00 billion yen.
- Despite the increase, the net income expectation is higher than the estimate of 106.95 billion yen.
- Projected net sales for the fiscal year are 670.00 billion yen, up from 620.00 billion yen, exceeding estimates of 644.81 billion yen.
- The dividend per share is projected at 651.00 yen, compared to the previous 639.00 yen and is more than estimates at 639.67 yen.
- For the third quarter, operating income rose by 12% year-over-year, reaching 29.16 billion yen, which was above the estimate of 28.14 billion yen.
- Net income for the third quarter reached 54.58 billion yen, significantly higher than the previous year’s 12.08 billion yen, and above the estimated 32.72 billion yen.
- Net sales in the third quarter surged 15% year-over-year to 173.03 billion yen, surpassing the 164.48 billion yen estimate.
- The company currently has 2 buy and 2 hold ratings, with no sell ratings.
A look at Hikari Tsushin Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| 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
Based on the Smartkarma Smart Scores, Hikari Tsushin looks to have a promising long-term outlook. With a solid Growth score of 4 and a top-notch Momentum score of 5, the company appears to be on an upward trajectory. This suggests that Hikari Tsushin is positioned well for potential expansion and is showing strong performance in the market.
While the company scores relatively lower on Resilience at 2, it still has average scores for both Value and Dividend at 3. Overall, Hikari Tsushin, known for its mobile telecommunication services and HIT SHOP stores selling cell phones and other related products, seems to have a good mix of growth potential and stability, making it one to watch for investors seeking a balanced investment option.
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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