- Taisei revised its full-year operating income forecast significantly higher to 148 billion yen, surpassing both the previous figure of 101 billion yen and the estimated 129.18 billion yen.
- Net income for the full year is projected to reach 137 billion yen, considerably above both the prior 80 billion yen and the forecasted 107.75 billion yen.
- Full-year net sales are anticipated to be 2.09 trillion yen, surpassing both last year’s 1.96 trillion yen and the expected 2.05 trillion yen.
- The company plans to issue a dividend of 250 yen per share, a significant increase compared to 150 yen previously, and exceeding the estimate of 192.14 yen.
- In the second quarter, Taisei reported operating income of 42 billion yen, a 93% increase year-over-year, outperforming the estimate of 22.94 billion yen.
- Second quarter net income rose by 59% to 34.14 billion yen, beating expectations of 21.92 billion yen.
- Net sales for the second quarter were 467.53 billion yen, a 5.6% decline year-over-year, slightly below the predicted 470.64 billion yen.
- The company’s shares increased by 6.6%, reaching 12,435 yen, with 765,600 shares changing hands.
- Analyst ratings show strong confidence with 8 buy recommendations, and no holds or sells.
A look at Taisei Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
TAISEI CORPORATION, a general contractor known for its nationwide and international presence, is well-positioned for long-term success based on its Smartkarma Smart Scores. With a strong Momentum score of 5, indicating a positive trend in the company’s performance, Taisei Corp is likely to maintain its growth trajectory. The company also scored well in Growth, emphasizing its potential for expansion and development in the future. Moreover, its solid scores in Value and Dividend show stability and attractiveness for investors seeking consistent returns. Taisei’s Resilience score underlines its ability to navigate challenges effectively, further bolstering its long-term outlook.
Specializing in building various types of structures from residential to commercial projects, Taisei Corp‘s diversified portfolio coupled with its strong Smart Scores positions it favorably in the market. Additionally, the company’s involvement in civil engineering works for roads highlights its contribution to infrastructure development. With subsidiaries engaged in real estate, resort development, and financial services, Taisei demonstrates a well-rounded business approach. Overall, Taisei Corp‘s positive Smart Scores reflect its promising future outlook, making it an attractive prospect for investors seeking long-term growth and stability in the construction industry.
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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