Earnings Alerts

TDK Corp (6762) Earnings: FY Operating Income Forecast Falls Short of Estimates, Impact on Investor Expectations

  • TDK’s forecast for fiscal year operating income is between 180 billion yen to 225 billion yen, which falls short of the estimated 247.7 billion yen.
  • The forecasted net income ranges from 135 billion yen to 170 billion yen, below the estimate of 181.33 billion yen.
  • The expected net sales are set between 2.12 trillion yen to 2.20 trillion yen, which does not meet the 2.27 trillion yen estimate.
  • TDK plans to declare a dividend of 30.00 yen, slightly less than the estimated 31.44 yen.
  • In the fourth quarter, TDK reported operating income of 15.10 billion yen, which is lower than the expected 19.74 billion yen.
  • The net income for the fourth quarter was 6.29 billion yen, surpassing the estimate of 5.69 billion yen.
  • TDK’s net sales in the fourth quarter reached 534.26 billion yen, exceeding the forecasted 505.54 billion yen.
  • For the year, the Sensor Application Products division had an operating profit of 4.98 billion yen, slightly below the expected 5.04 billion yen.
  • The Magnetic Application Products segment recorded an operating profit of 3.38 billion yen, not meeting the estimated 3.52 billion yen.
  • The Energy Application Products segment’s operating profit was 234.45 billion yen, surpassing the estimate of 233.79 billion yen.
  • Passive Components’ operating profit was 34.07 billion yen.
  • Analyst consensus includes 17 buy recommendations, 4 hold recommendations, and no sell recommendations.

A look at TDK Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum2
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

TDK Corporation, a manufacturer of various electronics components including magnetic tapes and ferrite cores, holds a promising long-term outlook according to Smartkarma Smart Scores. With a solid score of 4 for Growth, TDK is expected to show strong potential for expansion and development in the future. Additionally, the company received respectable scores of 3 for Value, Dividend, and Resilience, indicating a stable financial standing and consistent returns for investors. However, TDK’s Momentum score of 2 suggests a slower pace in terms of market performance compared to other factors.

Summary: TDK Corporation is a global provider of electronics components, offering a diverse range of products such as power supplies, inductors, transformers, and semiconductors. With a focus on innovation and global market presence, TDK is positioned well for long-term growth, supported by its favorable Smartkarma Smart Scores across key financial indicators.


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.
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