Earnings Alerts

Hulic Co Ltd (3003) Earnings Surpass Expectations with 8.3% Net Income Growth in 1Q

  • Hulic’s net income for the first quarter was 17.18 billion yen, an 8.3% increase year-over-year, surpassing estimates of 16.68 billion yen.
  • Operating income rose significantly by 34% year-over-year, amounting to 31.82 billion yen.
  • Net sales experienced a notable increase of 46% year-over-year, reaching 156.64 billion yen; the estimates were 126 billion yen.
  • The company maintains its forecast for the year, expecting operating income to be 178 billion yen, closely aligned with the estimate of 178.16 billion yen.
  • Hulic’s net income forecast for the year remains at 108 billion yen, compared to an estimate of 109.24 billion yen.
  • The company expects a dividend of 57 yen, which is close to the estimated 57.57 yen.
  • Market sentiment shows 1 buy recommendation and 6 hold recommendations, with no sells.

Hulic Co Ltd on Smartkarma

Analyst coverage of Hulic Co Ltd on Smartkarma, an independent investment research network, reveals varying sentiments from top independent analysts. Brian Freitas warns of potential risks, stating that a significant price drop following the US$793m secondary offering could lead to further declines and possible deletion from a global index. On the other hand, Clarence Chu takes a bullish stance, highlighting a US$780m cross-shareholding unwind by domestic financial institutions, although acknowledging the challenge of digesting such a large deal. Travis Lundy‘s bearish view emphasizes the selling down of crossholders, posing a challenge to underwriters to find more buyers and highlighting the high debt levels despite a high dividend yield. Arun George also expresses bearish sentiment on the US$800 million secondary offering, noting its smaller scale compared to previous offerings and the stock’s near all-time highs.


A look at Hulic Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.8

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

Analysts reviewing Hulic Co Ltd have noted a positive long-term outlook for the company based on the Smartkarma Smart Scores. With strong scores in Dividend and Growth at 4 each, it indicates the company’s ability to provide consistent returns to investors and maintain steady growth over time. Additionally, a Momentum score of 5 showcases the company’s upward trend and market performance, further bolstering its appeal to potential investors.

Despite slightly lower scores in Value and Resilience at 3 each, Hulic Co Ltd‘s overall outlook remains favorable. The company’s diverse operations in real estate, marketable securities investment, and environment-related businesses position it well to capitalize on various opportunities in the market, highlighting its adaptability and potential for sustainable growth in the future.


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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