Earnings Alerts

Osaka Gas (9532) Earnings: Annual Operating Income Forecast Falls Short of Estimates Despite Surpassing Net Income Predictions

Osaka Gas forecasted its operating income to be 123.50 billion yen, which is below the estimated 128.6 billion yen.

• The company also estimated its net income to be 112.00 billion yen, which is higher than the expected 110.39 billion yen.

• Estimates expected net sales to be 2.08 trillion yen but the company projected it to be 1.99 trillion yen.

• The forecasted dividend by the company is 95.00 yen, much more than the 89.00 yen estimated.

• During the fourth quarter: the operating income came in at 31.86 billion yen, which is a decline of 57% year-on-year (y/y). The estimated value was 4.88 billion yen based on 2 estimates.

• The net income for the fourth quarter was 6.27 billion yen, an 89% y/y decrease. It surpassed an estimated loss of 6.09 billion yen, based on 2 estimates.

• Net sales for the fourth quarter were 572.90 billion yen, a 16% y/y decrease- falling short of the estimated 613.76 billion yen, based on 2 estimates.

• In terms of stock recommendations, there are 4 buys, 1 hold and 0 sells.


A look at Osaka Gas Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience2
Momentum5
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

Based on the Smartkarma Smart Scores, Osaka Gas shows a promising long-term outlook. With a strong focus on growth and momentum, the company is positioned to expand and capitalize on market opportunities. The high scores in these areas indicate a positive trajectory for Osaka Gas in the coming years, potentially leading to increased market share and profitability.

While the company demonstrates strength in value and dividend factors, there is room for improvement in resilience. However, the overall high scores on growth and momentum suggest that Osaka Gas is well-equipped to navigate challenges and continue its upward trajectory in the natural gas sector. Investors may find Osaka Gas an appealing option for long-term investment based on these insightful scores.

### OSAKA GAS CO., LTD. produces and supplies natural gas primarily in Osaka, Kyoto, and Hyogo areas. The Company provides gases and energy products for residential, commercial, and industrial customers. Osaka Gas also constructs and maintains gas supply lines. In addition, the Company sells gas appliances. ###


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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