- Nippon Express has revised its full-year operating income forecast to 50 billion yen, down from a prior expectation of 61 billion yen. The estimate was 60.57 billion yen.
- The net income forecast for the full-year now stands at 10 billion yen, significantly lower than both the prior forecast of 34 billion yen and the estimate of 34.35 billion yen.
- The company expects net sales for the fiscal year to be 2.58 trillion yen, slightly below the prior forecast of 2.60 trillion yen and the estimate of 2.61 trillion yen.
- The dividend forecast remains unchanged at 100 yen, matching the estimate.
- For the third quarter, Nippon Express reported an operating income of 9.25 billion yen, marking a 42% year-on-year decline. This figure fell short of the 12.25 billion yen estimate.
- Third-quarter net income was reported at 2.99 billion yen, a 57% decrease year-on-year, which is below the estimate of 9.79 billion yen.
- The company recorded net sales of 636.61 billion yen in the third quarter, a 2.1% year-on-year reduction, also missing the estimate of 648.58 billion yen.
- Market sentiment shows 5 buy ratings, 6 hold ratings, and 0 sell ratings for Nippon Express.
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A look at Nippon Express Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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
Analysts utilising the Smartkarma Smart Scores have assessed Nippon Express Holdings and determined a positive long-term outlook for the company. With high scores in Value and Dividend at 4, it indicates strong performance in terms of undervaluation and dividend yield. The momentum score of 4 further suggests that the company is experiencing positive momentum in the market. However, there are areas for improvement, such as Growth and Resilience, which scored 2. This indicates that Nippon Express Holdings may need to focus on enhancing its growth strategies and resilience in the face of potential challenges.
Nippon Express Holdings, Inc. is a logistics services provider offering a wide range of transportation and warehousing services in Japan. The company’s strong performance in terms of value, dividends, and market momentum positions it well for future growth and stability. With a solid foundation in logistics services, Nippon Express Holdings has the potential to further strengthen its market presence and overcome any challenges in the 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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