- Tokyu’s net sales for the third quarter were 260.50 billion yen, surpassing estimates of 251.85 billion yen, marking a 6.1% increase year-over-year.
- Operating income rose to 28.27 billion yen, demonstrating a 19% increase compared to the previous year.
- Net income also saw a significant boost, reaching 19.06 billion yen, up 27% year-over-year.
- The company maintains its annual forecast for operating income at 101.00 billion yen, slightly above the estimate of 100.47 billion yen.
- Tokyu expects net income for the year to remain at 74.00 billion yen, aligning closely with the estimated 73.26 billion yen.
- Annual net sales are projected to be 1.07 trillion yen, matching the analyst estimates.
- The anticipated dividend is steady at 23.00 yen, which meets market expectations.
- Current stock recommendations include 3 buys and 3 holds, with no sell recommendations noted.
A look at Tokyu Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 2 | |
| 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 the Smartkarma Smart Scores, Tokyu Corp has a promising long-term outlook. The company scores high in Growth with a rating of 5, indicating strong potential for expansion and development. This reflects positively on Tokyu’s future prospects for increasing its market presence and profitability.
Although Tokyu Corp scores lower in Value, Dividend, Resilience, and Momentum, the high Growth score suggests a bright future for the company. Tokyu Corporation, known for providing a range of transportation services including passenger rail and bus transportation, as well as diverse businesses such as department stores and real estate leasing, is poised for significant growth in the coming years.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
