- Omron has raised its full-year operating income forecast to 54.00 billion yen, up from the previous forecast of 52.00 billion yen, although it falls short of the estimate of 54.65 billion yen.
- Omron expects net income to rise to 12.50 billion yen, an increase from an earlier figure of 11.00 billion yen, but below the estimated 14.21 billion yen.
- The company has maintained its net sales forecast at 805.00 billion yen, slightly under the estimate of 808.37 billion yen.
- The anticipated dividend remains at 104.00 yen, just below the estimate of 104.75 yen.
- For the first nine months, Omron reported net sales of 579.70 billion yen and operating income of 35.90 billion yen.
- The Industrial Automation Business recorded an operating income of 28.60 billion yen, with sales totaling 266.01 billion yen.
- The Healthcare Business reported an operating income of 14.08 billion yen, with sales of 111.21 billion yen.
- The Social Systems, Solutions and Service Business achieved an operating income of 5.81 billion yen, with sales amounting to 92.78 billion yen.
- Devices & Module Solutions Business registered sales of 78.15 billion yen.
- In the third quarter, Omron’s net sales were 205.06 billion yen, below the estimate of 207.88 billion yen.
- Third-quarter operating income was 16.68 billion yen, exceeding the estimate of 16.6 billion yen.
- Third-quarter net income reached 10.50 billion yen, surpassing the estimate of 8.03 billion yen.
- Omron’s stock ratings include 6 ‘buy’, 6 ‘hold’, and 1 ‘sell’ recommendations.
“`
A look at Omron Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
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 Corporation, a manufacturer of electronic components and systems for factory automation, presents a mixed outlook based on the Smartkarma Smart Scores. While the company scores moderately in areas such as Value and Dividend at a level of 3, indicating a stable performance in these aspects, its Growth and Momentum scores lag slightly at 2. This suggests that Omron Corp may face challenges in terms of potential growth and market momentum.
Despite these concerns, the company demonstrates strength in resilience with a score of 3, highlighting its ability to weather uncertain economic conditions. Overall, Omron Corp‘s diversified portfolio spanning industrial automation, electronic components, automotive electronics, social systems, and healthcare underscores its stability in the market, although attention may be needed to drive growth and momentum in 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.
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
