Nitori Holdings (9843) Earnings: 3Q Operating Income Falls Short of Estimates Despite Sales Growth

Nitori Holdings on Smartkarma

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Analyst coverage of Nitori Holdings on Smartkarma by Rikki Malik paints a positive picture. In the research report titled “Nitori (9843.T) – Headwinds to Tailwinds – Cleaning House,” Malik highlights the company’s potential to benefit from a strong JPY due to importing majority of its products and redesigning its portfolio for profitability at weaker yen levels. Despite the weakness of the Japanese Yen, Nitori Holdings has managed to see rising profits. The strategic move of redesigning the product portfolio to be profitable at much weaker yen levels indicates a forward-thinking approach by the company.

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A look at Nitori Holdings Smart Scores

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, Nitori Holdings shows a mixed picture for its long-term outlook. With a Value score of 2 and a Dividend score of 2, the company may not be considered a strong value or income investment. However, Nitori Holdings fares better in terms of Growth and Resilience scores, both of which are rated at 3. This indicates that the company may have potential for growth and might be able to weather economic downturns. On the other hand, the Momentum score of 2 suggests that the company may not be showing strong positive momentum in the market.

Nitori Holdings Co., Ltd., based in Hokkaido, is a furniture retail chain that offers a wide range of furniture products including living room furniture, storage furniture, dining furniture, office furniture, beds, and interior goods. The company also sells both original brand merchandise and imported goods. Despite having a mixed outlook according to the Smartkarma Smart Scores, Nitori Holdings remains a significant player in the furniture retail industry, aiming to provide customers with a diverse selection of products to meet their home furnishing needs.

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