Earnings Alerts

Obayashi Corp (1802) Earnings: 1Q Operating Income Falls Short of Estimates

  • Obayashi’s operating income for the first quarter is 15.80 billion yen, which is a 2.8% increase compared to the previous year, but lower than the estimate of 18.2 billion yen.
  • Net income is 18.07 billion yen, showing a significant 30% decrease from the previous year, yet slightly above the forecast of 17.54 billion yen.
  • Net sales stand at 523.76 billion yen, marking an 8.9% decline from the previous year, and falling short of the expected 571.82 billion yen.
  • For the 2026 fiscal year, Obayashi maintains its projection of 122.00 billion yen in operating income, which is below the market estimate of 125.8 billion yen.
  • The company forecasts a net income of 100.00 billion yen, underperforming the predicted 107.12 billion yen.
  • Projected net sales for 2026 are 2.56 trillion yen, slightly beneath the market expectation of 2.57 trillion yen.
  • Obayashi anticipates maintaining a dividend of 82.00 yen, just below the estimated 82.89 yen.
  • Analyst recommendations for Obayashi include 9 buy ratings, 1 hold rating, and no sell ratings.

A look at Obayashi Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.8

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

Obayashi Corp, a general contractor known for its earthquake-resistant technology, holds a positive long-term outlook based on Smartkarma Smart Scores. With a strong emphasis on Growth and Dividend, scoring 5 and 4 respectively, the company seems poised for sustainable expansion and shareholder returns. Its Momentum score of 4 indicates a favorable market sentiment, while its Value and Resilience scores stand at 3 each, reflecting steady fundamentals despite some room for improvement.

As a nationwide and overseas player in building commercial, residential, and institutional structures, including civil engineering works like railroads, Obayashi Corp demonstrates a diverse business portfolio. Moreover, its involvement in real estate, golf course, and financial sectors through subsidiaries adds another layer of stability to its operations. In conclusion, the company’s Smart Scores suggest a bright future ahead, underpinned by growth potential, dividend strength, and market momentum.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars