Earnings Alerts

Pan Pacific International Holdings (7532) Earnings: FY Operating Income Forecast Falls Short of Estimates

  • Pan Pacific’s forecasted operating income for the fiscal year is 170.00 billion yen, falling short of the expected 174.71 billion yen.
  • The company anticipates net income of 105.50 billion yen, below the estimated 111.82 billion yen.
  • Projected net sales are 2.33 trillion yen, slightly less than the estimated 2.36 trillion yen.
  • Expected dividend per share is 8.50 yen, significantly below the estimate of 41.74 yen.
  • For the first half of the fiscal year, Pan Pacific forecasts net sales of 1.17 trillion yen, operating income of 89.80 billion yen, and net income of 57.70 billion yen.
  • In the fourth quarter, Pan Pacific’s operating income increased by 12% year-over-year to 33.61 billion yen, exceeding estimates of 32.36 billion yen.
  • Fourth-quarter net income was 14.64 billion yen, a decline of 12% year-over-year, falling short of the estimated 19.44 billion yen.
  • Fourth-quarter net sales grew by 5.8% year-over-year to 558.55 billion yen, close to the estimate of 560.05 billion yen.
  • For the full year, operating income rose 16% year-over-year to 162.30 billion yen, surpassing the estimate of 160.51 billion yen.
  • The company’s annual net income was 90.51 billion yen, an increase of 2% from the previous year, but below the estimate of 95.17 billion yen.
  • Annual net sales increased by 7.2% year-over-year to 2.25 trillion yen, slightly over the estimate of 2.24 trillion yen.
  • Analysts’ recommendations for Pan Pacific include 11 buys, 7 holds, and 1 sell.

Pan Pacific International Holdings on Smartkarma



Analysts on Smartkarma like Michael Causton are upbeat about Pan Pacific International Holdings, known for its brand Don Quijote. Causton’s recent report titled “Don Quijote: Fitness, Tourists and Social Media” highlights the company’s strategic initiatives to tap into the rising trends of inbound tourism and local bargain-hunting amidst inflation pressures. With a focus on targeting tourists, leveraging the fitness boom, and embracing new social media strategies, Pan Pacific International Holdings shows dynamism and adaptability in its business approach. While some overseas store closures have been noted, the outlook for the company in Asia remains particularly strong, reflecting a positive sentiment overall.



A look at Pan Pacific International Holdings Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.0

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 the Smartkarma Smart Scores have indicated a positive long-term outlook for Pan Pacific International Holdings. The company has received high scores in Growth and Momentum, suggesting a promising future for expansion and market performance. This indicates that Pan Pacific International Holdings has strong potential for growing its business and maintaining positive momentum in the market.

Pan Pacific International Holdings Corporation, focusing on discount stores offering a variety of consumer products, operates primarily in Tokyo. Despite facing moderate scores in Value, Dividend, and Resilience, its impressive ratings in Growth and Momentum indicate a bright future ahead for the company. With a strong focus on growth opportunities and market momentum, Pan Pacific International Holdings is poised for success 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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars