Earnings Alerts

Omron Corp (6645) Earnings: FY Net Sales Forecast Falls Short of Estimates Despite Strong Q4 Performance

  • Omron forecasts its net sales for the fiscal year to be between 820.00 billion yen and 835.00 billion yen, below the estimated 846.67 billion yen.
  • The company projects its operating income for the fiscal year to range from 56.00 billion yen to 65.00 billion yen, missing the estimate of 71.13 billion yen.
  • Net income for the fiscal year is expected to be between 29.00 billion yen and 35.50 billion yen, significantly lower than the estimate of 49.47 billion yen.
  • A dividend of 104.00 yen is planned, slightly above the estimate of 103.00 yen.
  • In the fourth quarter, Omron reported net sales of 222.06 billion yen, slightly exceeding the estimated 221.54 billion yen.
  • Fourth-quarter operating income reached 18.13 billion yen, which was below the expected 19.3 billion yen.
  • The company achieved a fourth-quarter net income of 9.09 billion yen, surpassing the estimate of 8.56 billion yen.
  • For the entire year, net sales were 801.75 billion yen, close to the estimate of 804.28 billion yen.
  • Annual operating income totaled 54.04 billion yen, just shy of the estimated 55 billion yen.
  • Analyst recommendations include 6 buys, 5 holds, and 1 sell.

A look at Omron Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth2
Resilience2
Momentum2
OVERALL SMART SCORE2.6

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

Omron Corp, a company engaged in manufacturing electronic components and systems for factory automation, has been assigned Smart Scores for various factors affecting its long-term outlook. With a high Value score of 4, Omron Corp is deemed to offer good value based on its financial metrics. Additionally, the company has received a respectable Dividend score of 3, indicating a moderate outlook on dividend payment stability. However, Omron Corp‘s Growth, Resilience, and Momentum scores fall on the lower end at 2 each, suggesting challenges in terms of growth potential, the ability to withstand market disruptions, and stock price momentum.

Despite its mixed Smart Scores, Omron Corp‘s core business areas include industrial automation, electronic components, automotive electronics, social systems, and healthcare. These diversified operations could potentially position the company to navigate through market fluctuations. Investors considering Omron Corp should weigh its strong value proposition against the more modest growth and momentum outlook to make informed investment decisions for the long term.


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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