- Osaka Gas reported its third-quarter operating income at 44.57 billion yen, which is a 1.4% increase from the previous year and surpassed the estimated 31.81 billion yen.
- Net income rose by 8.2% year-on-year to 40.09 billion yen, exceeding the estimated 33.02 billion yen.
- Despite these gains in income, net sales for the third quarter fell by 4% year-on-year to 494.02 billion yen, which was slightly below the estimate of 497.68 billion yen.
- The company maintains its full-year forecast for operating income at 123.50 billion yen, below the market estimate of 135.28 billion yen.
- Osaka Gas also maintains its net income forecast at 112.00 billion yen, which is lower than the estimated 122.6 billion yen.
- The forecast for full-year net sales remains at 1.99 trillion yen, slightly less than the estimated 2.03 trillion yen.
- The company expects to distribute a dividend of 95.00 yen per share, just short of the projected 96.00 yen.
- Analysts’ recommendations for Osaka Gas include 4 buys and 2 holds, with no sell recommendations.
A look at Osaka Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
Analysts using Smartkarma Smart Scores indicate a positive long-term outlook for Osaka Gas. With high scores in Value and Dividend, the company is perceived as offering strong value for investors and providing attractive dividend returns. While its Growth score slightly lags behind, the overall picture remains promising. However, the company faces challenges in terms of Resilience and Momentum, scoring lower in these areas.
Osaka Gas, known for producing and supplying natural gas in key regions of Japan, caters to a wide range of customers including residential, commercial, and industrial sectors. The company’s focus on energy products and gas appliances further diversifies its revenue streams. Despite some resilience and momentum concerns based on the Smart Scores, Osaka Gas‘s solid value and dividend performance suggest a stable and potentially rewarding investment opportunity for the discerning investor.
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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