• Tokyo Gas‘ operating income forecast for the fiscal year is 113.00 billion yen, lower than the estimated 155.39 billion yen.
• The net income forecast is also less than estimated at 80.00 billion yen instead of 106.41 billion yen.
• Tokyo Gas predicts net sales to reach 2.64 trillion yen, short of the predicted 2.78 trillion yen.
• The dividend is considered to be 70.00 yen, which is slightly less than the estimated 71.00 yen.
• As for the fourth-quarter results, the operating income stands at 57.44 billion yen, a significant decrease of 69% year-on-year, yet it surpassed the estimated 23.57 billion yen.
• The net income for the fourth quarter is 54.38 billion yen, falling 52% year-on-year, but still beating the 36.52 billion yen estimate.
• The net sales during the fourth quarter amounted to 761.90 billion yen, showing a 23% decrease compared to the previous year, and fell short of the estimated 885.94 billion yen.
• At this point, there are zero buys, five holds, and zero sells on Tokyo Gas‘ stocks.
• The comparison of predictions and outcomes is based on the values reported by the company in its original disclosures.
A look at Tokyo Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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
Smartkarma’s Smart Scores provide an optimistic long-term outlook for Tokyo Gas. With a strong score of 5 in Growth, the company is expected to experience significant expansion and development in the future. This indicates potential for increased profitability and market presence over time. Additionally, Tokyo Gas received high scores in Value and Momentum, showing that the company is positioned well for potential growth and has positive market momentum supporting its future prospects.
However, Tokyo Gas lags in Resilience with a score of 2, suggesting that the company may face some challenges in terms of withstanding economic downturns or unforeseen events. Despite this, with solid scores in other key areas like Dividend and overall positive outlook in Growth and Momentum, Tokyo Gas appears to be a promising investment option with good potential for long-term success.
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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