Earnings Alerts

Outperformed Estimates: Asahi Kasei (3407) Earnings Report Highlights Surprisingly High FY Operating Income

  • Asahi Kasei‘s FY operating income forecast of 180.00 billion yen surpasses the existing estimate of 163.42 billion yen.
  • The net income is projected to be 100.00 billion yen, slightly less compared to the estimate of 110.77 billion yen.
  • The company expects net sales to be around 2.91 trillion yen, equal to the current estimate.
  • The dividend is anticipated to be 36.00 yen, which is slightly lower than the estimate of 36.20 yen.
  • In the first half of the year, the company expects net sales of 1.43 trillion yen.
  • The first half forecast for the operating income is 80.00 billion yen, and the net income is projected to be 40.00 billion yen.
  • In the fourth quarter, operating income was 42.25 billion yen compared to 12.03 billion yen in the previous year, beating the estimated 33.95 billion yen.
  • The fourth quarter saw a net loss of 14.76 billion yen, a 91% drop year-over-year, against an estimated profit of 21.57 billion yen.
  • The net sales in the fourth quarter were 720.73 billion yen, marking a 5.1% increase year-over-year, slightly lower than the estimated 722.17 billion yen.
  • Asahi Kasei‘s shares rose by 2.2% to 1,120 yen on 2.1 million shares traded.
  • Stock ratings currently stand at 3 buys, 8 holds, and 0 sells.

A look at Asahi Kasei Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Asahi Kasei Corporation, a company engaged in producing a variety of products including synthetic fibers, industrial chemicals, and pharmaceuticals, is receiving mixed signals for its long-term outlook based on the Smartkarma Smart Scores. The company’s strong suit lies in its high scores for Dividend and Value, indicating a solid performance in these areas. However, with Growth and Resilience scores on the lower end, there may be challenges ahead in these aspects. Momentum score standing at 4 suggests a positive trend worth keeping an eye on in the future.

In summary, Asahi Kasei operates across a diverse range of industries, from synthetic fibers to pharmaceuticals and consumer products. While the company demonstrates strength in dividend payouts and overall value, its growth and resilience aspects might warrant a closer look for investors eyeing long-term prospects.


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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