Earnings Alerts

Isetan Mitsukoshi Holdings Ltd (3099) Earnings: 3Q Operating Income Surpasses Estimates with 58.50 Billion Yen

By February 4, 2025 No Comments
  • Isetan Mitsukoshi’s operating income for the 3rd quarter reached 58.50 billion yen.
  • This performance significantly exceeds the previous year’s 20.75 billion yen and the estimated 23.94 billion yen.
  • The company maintains its year forecast for operating income at 72.00 billion yen, slightly below the estimated 73.3 billion yen.
  • Net income is projected to remain at 58.00 billion yen, with an estimate at 59.8 billion yen.
  • The company anticipates net sales to be 556.00 billion yen, above the forecasted 554.62 billion yen.
  • The dividend is expected to stay at 48.00 yen, just below the estimated 48.29 yen.
  • Analyst ratings include 10 buys, 1 hold, and 1 sell.
  • Figures are based on comparisons with values from the company’s original disclosures.

Isetan Mitsukoshi Holdings Ltd on Smartkarma

Analyst coverage on Isetan Mitsukoshi Holdings Ltd by Michael Causton on Smartkarma reveals a bullish sentiment with the headline “Isetan Shinjuku to Hit Β₯424 Billion“. The report highlights a significant shift in outlook from cautious to optimistic as record sales at main stores drive profits to exceed previous averages by four times. Isetan-Mitsukoshi, once the most cautious forecaster among big department store retailers, is now the most optimistic due to previously unimaginable sales records, particularly at Isetan Shinjuku. This notable performance is translating into substantial profits, with projections indicating a fourfold increase over previous average profit levels.


A look at Isetan Mitsukoshi Holdings Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
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

Investors eyeing Isetan Mitsukoshi Holdings Ltd are met with a mixed bag of outlooks based on Smartkarma Smart Scores. While the company shows strong growth potential and momentum, indicating promising future performance, its value, dividend, and resilience scores suggest a more moderate stance. As a holding company formed through the merger of Mitsukoshi and Isetan, Isetan Mitsukoshi Holdings Ltd operates various department stores across Japan. Offering a wide range of products like clothing, foods, household goods, cosmetics, and general merchandise, the company remains a significant player in the retail industry.

The Smartkarma Smart Scores paint a picture of Isetan Mitsukoshi Holdings Ltd poised for growth and supported by positive momentum. Despite this, investors should consider the company’s overall value, dividend payouts, and resilience factors in their investment decisions, as these areas show room for improvement. With a diverse product offering and a strong presence in the Japanese market, Isetan Mitsukoshi Holdings Ltd stands as a recognizable entity in the retail sector, capturing consumer interest with its wide-ranging product categories.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars