Earnings Alerts

Kikkoman Corp (2801) Earnings: 3Q Operating Income Falls Short of Estimates

By February 5, 2025 No Comments
  • Kikkoman’s third-quarter operating income increased by 3.1% year-over-year to 20.48 billion yen, but it missed the estimate of 21.21 billion yen.
  • Net income for the third quarter was 16.57 billion yen, which is a slight decrease of 0.8% compared to the previous year, falling short of the estimated 17.69 billion yen.
  • Net sales for the third quarter reached 179.95 billion yen, showing a 4.5% increase year-over-year and slightly exceeding the estimated 179.87 billion yen.
  • Kikkoman maintains its full-year forecast for operating income at 74.60 billion yen, below the estimate of 76.92 billion yen.
  • The company continues to project net income for the year at 61.50 billion yen, less than the estimate of 62.99 billion yen.
  • Projected net sales for the year are upheld at 695.70 billion yen, which is under the estimate of 705.65 billion yen.
  • Kikkoman plans a dividend of 21.00 yen, falling short of the market estimate of 22.96 yen.
  • Current analyst ratings include 7 buy recommendations, 5 hold, and 2 sell recommendations for Kikkoman.

Kikkoman Corp on Smartkarma

Analyst coverage of Kikkoman Corp on Smartkarma highlights insights from Michael Allen‘s research report titled “Unloved Japan: Cheap & Tariff-Proof.” In this report, Allen introduces a new strategy called TARP, focusing on investing in stocks with minimal exposure to the US market. Kikkoman, along with other companies like Kotobuki and Orix JREIT, is seen as a strong option due to its limited direct or indirect ties to the US. Allen emphasizes the importance of stocks being tariff-proof at a reasonable price, with Kikkoman being highlighted as close to bullet-proof in this regard.

Allen’s assessment suggests that companies like Kikkoman, operating with little reliance on the US market, are well-positioned in the current economic landscape. According to the analyst, the market values a clear plan over immediate results, a sentiment that reinforces the investment appeal of Kikkoman and similar firms. This research sheds light on the strategic significance of companies insulated from US-related risks, positioning Kikkoman as a sturdy contender in the realm of tariff-proof investments.


A look at Kikkoman Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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 at Smartkarma have assigned Kikkoman Corp with a set of Smart Scores to gauge its long-term outlook. While the company received a moderate score in Value and Dividend factors, it shone in Growth and Resilience, scoring 4 in both categories. This suggests a positive indication of the company’s potential for expansion and its ability to withstand economic challenges. With a Momentum score of 3, Kikkoman Corp shows satisfactory overall market performance.

Kikkoman Corporation, known for its production and distribution of soy sauce, alcoholic beverages, and various food items, seems to be positioned well for future growth and resilience based on the Smart Scores provided. The company’s focus on growth and its demonstrated resilience in the face of market fluctuations could make it an interesting prospect for long-term investors. With its diversified portfolio and international presence, Kikkoman Corp appears to be on a path of steady progress in the food industry.


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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