Earnings Alerts

Kyocera Corp (6971) Earnings: 1Q Operating Income Surpasses Estimates Despite Lower Sales

  • Kyocera’s first-quarter operating income was 18.55 billion yen, which is 11% lower compared to the previous year.
  • Despite the decline, the operating income exceeded analysts’ estimates of 15.82 billion yen.
  • Net income for the quarter was 37.14 billion yen, showing a slight increase of 0.9% year-over-year.
  • This net income figure also surpassed the expected 25.83 billion yen.
  • Net sales reached 478.04 billion yen, which is a 4.2% decrease from the previous year.
  • The sales performance was below the predicted figure of 483.82 billion yen.
  • For the full year 2026, Kyocera maintains its outlook for operating income at 55.00 billion yen, lower than the anticipated 72.64 billion yen.
  • The forecast for net income remains at 70.50 billion yen, under the estimated 87.11 billion yen.
  • Kyocera projects net sales for the year to be 1.90 trillion yen, less than the expected 1.98 trillion yen.
  • The company plans to maintain its dividend at 50.00 yen per share, aligning with forecasts.
  • The current investment recommendations for Kyocera include 7 buys, 7 holds, and 2 sells.

Kyocera Corp on Smartkarma

Analysts on Smartkarma have differing views on Kyocera Corp (6971 JP) as reflected in their recent research reports.

David Blennerhassett‘s report titled “Last Week in Event SPACE” suggests a bullish lean on Kyocera Corp, highlighting the stock’s upward movement but also pointing out less exciting prospects. Meanwhile, Travis Lundy‘s analysis titled “Kyocera (6971) – Changes Policies” discusses Kyocera’s plans to sell a portion of its KDDI stake faster than initially planned and initiate a significant buyback of shares. Despite disappointing full-year earnings guidance revisions, Kyocera aims to accelerate crossholding sales and share buybacks. These insights offer investors a nuanced view of Kyocera’s current and future performance.


A look at Kyocera Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience2
Momentum2
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

Based on the Smartkarma Smart Scores, Kyocera Corp appears to have a positive long-term outlook. With a high score of 5 in the Value category, it indicates that the company is perceived as undervalued relative to its fundamentals. Additionally, Kyocera Corp scored a 4 in Dividend, highlighting its strong dividend payment potential, which could attract income-seeking investors.

However, the company received lower scores in Growth, Resilience, and Momentum, with scores of 2 in each category. This suggests that while Kyocera Corp may not be experiencing rapid growth or showing strong momentum in the market, it is still considered a stable and potentially undervalued investment option with dividend-paying capabilities.

Summary: Kyocera Corporation manufacturers electronic equipment and components, offering a diverse range of products including telecommunication equipment, semiconductor parts, image sensors, and more. Operating globally, Kyocera is recognized for its technological expertise and broad product portfolio.


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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