- Shimadzu adjusted its full-year operating income forecast to 73.00 billion yen, down from 76.00 billion yen and below the analysts’ estimate of 76.18 billion yen.
- Despite the downgrade in operating income forecast, Shimadzu maintained its net income forecast at 58.00 billion yen, higher than the estimate of 56.7 billion yen.
- The company continues to project net sales of 540.00 billion yen, slightly higher than the market estimate of 538.08 billion yen.
- Shimadzu plans to keep its dividend at 62.00 yen, marginally above the predicted 61.89 yen.
- For the third quarter, Shimadzu reported an operating income of 16.82 billion yen, a decrease of 7.8% year-on-year, falling short of the estimate of 19.56 billion yen.
- The company’s net income for the third quarter increased by 19% year-on-year to 14.83 billion yen, surpassing the estimate of 14.71 billion yen.
- Net sales in the third quarter amounted to 133.05 billion yen, reflecting a 5.5% year-on-year increase and exceeding the estimated 131.21 billion yen.
- Market analyst ratings for Shimadzu include 8 buy recommendations, 3 hold, and 1 sell.
A look at Shimadzu Corp Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 2 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 3 | |
OVERALL SMART SCORE | 2.8 |
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 Smartkarma Smart Scores, Shimadzu Corp shows a mixed outlook for the long term. While the company scores moderately in terms of value and dividend, indicating stability yet with room for improvement, it demonstrates a stronger outlook in growth, resilience, and momentum factors. With a focus on developing, manufacturing, and selling precision tools and equipment, Shimadzu Corp‘s ability to innovate and adapt in the analytical and measuring instruments, medical systems, and industrial equipment sectors positions it well for future growth.
Shimadzu Corporation, known for its precision tools and equipment, has a diversified product portfolio and operates globally through its subsidiaries in key markets like Japan, the US, the UK, and China. The company’s solid performance in resilience and momentum, coupled with a promising growth outlook, underscores its capacity to weather challenges and capitalize on opportunities in the ever-evolving market landscape, making it an intriguing prospect for long-term investment consideration.
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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