Earnings Alerts

Hoya Corp (7741) Earnings: 1H Net Sales Align with Estimates Despite Profit Shortfall

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  • Hoya’s first-half net sales forecast is 444.00 billion yen, closely aligning with market estimates of 445.46 billion yen.
  • Expected net income is 104.00 billion yen, slightly below the estimate of 109.23 billion yen.
  • First quarter net income reached 51.84 billion yen, marking a 9.9% increase from the previous year, but slightly below the estimate of 53.2 billion yen.
  • Net sales in the first quarter were 220.41 billion yen, a year-on-year growth of 3.1%, close to the estimate of 221.61 billion yen.
  • Life Care revenue totaled 137.23 billion yen, increasing by 1.7% year-on-year and slightly below the estimated 138.23 billion yen.
  • Health care related products revenue reached 106.35 billion yen, a 4.4% increase compared to the estimate of 104.98 billion yen.
  • Medical related products revenue decreased by 6.8% to 30.88 billion yen, missing the estimate of 33.25 billion yen.
  • Information Technology revenue rose by 5.6% to 82.25 billion yen, surpassing the estimate of 81.34 billion yen.
  • Electronics related products revenue increased by 3.6% to 68.70 billion yen, slightly exceeding the estimate of 68.52 billion yen.
  • Imaging related products revenue saw a significant growth of 17%, reaching 13.55 billion yen, above the estimated 11.49 billion yen.
  • Shares fell by 2.9% to 18,615 yen, with 476,600 shares traded.
  • The stock has 17 buy ratings, 3 hold ratings, and no sell ratings from analysts.

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A look at Hoya Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum4
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

Looking at the Smartkarma Smart Scores for Hoya Corp, the company shows favorable prospects for long-term growth. With a high score in resilience and growth, Hoya Corp appears to have a strong foundation and potential for expansion in the future. This indicates that the company is well-equipped to weather challenges and capitalize on opportunities that may arise.

Hoya Corp, a manufacturer of electro-optics products, including items like mask blanks for semiconductors, medical endoscopes, and eyeglasses, has received solid scores in growth and momentum. These scores suggest that the company is actively growing and gaining traction in the market, positioning itself for continued success in the coming years. Overall, Hoya Corp‘s Smart Scores paint a positive picture of a company with healthy growth prospects and resilience.


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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