- Konami has raised its forecast for operating income to 100 billion yen for the fiscal year.
- The revised forecast for operating income is below analysts’ estimates of 104.94 billion yen.
- Net income is projected to reach 70 billion yen, compared to previous results of 59.5 billion yen but shy of the 75.47 billion yen forecast.
- Konami anticipates net sales of 412 billion yen, narrowly exceeding the previous figure of 380 billion yen and in line with estimates of 411.19 billion yen.
- The company plans to issue dividends of 155 yen per share, an increase from 132 yen, although still below the estimated 164.17 yen.
- In the third quarter, Konami reported a 53% year-over-year increase in operating income, totaling 36.86 billion yen, surpassing estimates of 29.62 billion yen.
- Net income for the third quarter rose by 51% year-over-year, reaching 26.71 billion yen and exceeding the 21.52 billion yen estimate.
- Third quarter net sales climbed 28% year-over-year to 126.75 billion yen, beating the estimated 114.84 billion yen.
- Analysts’ recommendations include 13 buys, 4 holds, and 0 sells.
A look at Konami Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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 ahead, Konami Holdings Corporation seems positioned for long-term success based on the Smartkarma Smart Scores analysis. The company scores well in Growth with a rating of 4, indicating promising prospects for expanding its business activities. Furthermore, Konami Holdings demonstrates strong Resilience with a score of 5, suggesting its ability to navigate challenges and sustain its operations effectively over time. These factors bode well for the company’s continued growth and stability in the market.
While the Value and Dividend scores are moderate at 2, and the Momentum score is at 3, the overall outlook for Konami Holdings appears positive. With its diverse portfolio of digital entertainment, health, fitness, and gaming products, Konami Holdings is well-positioned to capitalize on evolving consumer preferences and technological trends. Investors may find the company’s solid Growth and Resilience scores appealing for long-term investment opportunities in the ever-evolving digital entertainment 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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