- Obayashi has raised its forecast for fiscal year operating income to 132 billion yen, exceeding previous estimates of 97.15 billion yen.
- The company expects net income of 128 billion yen, surpassing earlier estimates of 95.79 billion yen.
- Net sales are projected to reach 2.61 trillion yen, up from an estimate of 2.53 trillion yen.
- Obayashi’s dividend estimate remains steady at 80 yen.
- In the third quarter, Obayashi reported an operating income of 51.68 billion yen, more than doubling the previous year’s result of 20.37 billion yen, and surpassing the estimate of 22.78 billion yen.
- Net income for the third quarter reached 40.45 billion yen, up significantly from last year’s 17.75 billion yen, and exceeding the forecast of 15.92 billion yen.
- Net sales in the third quarter increased by 3.3% year-over-year, totaling 640.57 billion yen, and slightly beating the estimate of 637.85 billion yen.
- Shares of Obayashi rose by 2.3% to 2,130 yen, with a trading volume of 2.88 million shares.
- The consensus among analysts includes 9 buy ratings and 1 hold, with no sell recommendations.
A look at Obayashi Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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, Obayashi Corp shows a promising long-term outlook. With a high score in Dividend and Momentum, the company appears to be well-positioned to provide strong returns to investors. Additionally, the solid scores in Growth and Resilience indicate that Obayashi Corp has the potential to sustain its performance and expand its operations in the future. Despite having a moderate Value score, the overall outlook for Obayashi Corp seems positive.
OBAYASHI CORPORATION, a general contractor with a focus on earthquake-resistant technology, operates nationally and internationally in various construction projects. The company’s diverse portfolio includes commercial, residential, and institutional buildings, as well as civil engineering works such as railroads. In addition to its core construction business, Obayashi Corp also has subsidiaries engaged in real estate, golf course, and financial ventures, showcasing a broad spectrum of operations within the company.
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.
💡 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
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
