Earnings Alerts

Toho Co Ltd (9602) Earnings: 3Q Operating Income Surpasses Estimates with Strong Growth

By January 14, 2025 No Comments
  • Toho/Tokyo’s 3rd quarter operating income was 11.89 billion yen, exceeding expectations by 11.23%, with a yearly increase of 9.5%.
  • Net income stood at 7.66 billion yen, surpassing projections by 14.14% and showing a 15% year-over-year growth.
  • The company’s net sales reached 70.49 billion yen, 6.80% higher than estimates and marking an 11% rise from the previous year.
  • For the nine-month period, operating income surged by 27% to 52.80 billion yen compared to the same period last year.
  • Net income for the same nine months rose by 20% year-over-year, totaling 34.14 billion yen.
  • Net sales for the nine-month timeframe increased by 15%, amounting to 234.17 billion yen.
  • Annual forecast for operating income is set at 62.00 billion yen, which is slightly below the estimated 64.84 billion yen.
  • Toho/Tokyo anticipates net income of 40.00 billion yen for the full year against a forecast of 43.09 billion yen.
  • Projected net sales for the year are 297.00 billion yen, slightly below the estimated 304.44 billion yen.
  • The expected dividend is 70.00 yen, compared to an estimate of 75.22 yen.
  • Investment recommendations include 8 buy ratings and 1 hold, with no sell ratings.

A look at Toho Co Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum5
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

TOHO CO., LTD., known for its iconic motion pictures and character merchandise, has a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score in Growth and Resilience, indicating potential for expansion and ability to withstand challenges, Toho Co Ltd is positioned for steady progress in the industry. Momentum is also on their side, reflecting positive market dynamics driving the company forward. While Value and Dividend scores are moderate, the overall outlook remains optimistic for Toho Co Ltd.

TOHO CO., LTD., a major player in the entertainment industry, is well-regarded for its diverse offerings including motion pictures, character merchandise, foreign film distribution, and musical theater productions. The company’s strong Smartkarma Smart Scores, particularly in Growth and Resilience, suggest a bright future ahead. With a solid presence in urban movie theaters and a focus on quality productions, Toho Co Ltd is set to maintain its momentum and continue its growth trajectory 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.
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