Earnings Alerts

Toray Industries (3402) Reduces Earnings Forecast: Detailed Insight on Net Sales and Income Predictions

  • Toray Industries has downgraded its net sales forecast to 2.46 trillion yen from an earlier projection of 2.47 trillion yen.
  • The company also revised its net income forecast to 21.90 billion yen, significantly lower than the previously estimated 58.00 billion yen.
  • The current updated projections are based on the company’s own recently disclosed figures.
  • The market’s response to the revised forecasts includes 9 buys, 3 holds and 2 sells.

A look at Toray Industries Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum3
OVERALL SMART SCORE3.6

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

Analysts at Smartkarma have provided an overview of Toray Industries, giving a positive long-term outlook for the company. Based on the Smart Scores, Toray Industries scores high in terms of value, dividend, and growth potential. With a strong focus on these factors, the company is positioned well for sustained growth and value creation over time.

However, Toray Industries scored lower in terms of resilience and momentum according to Smartkarma’s analysis. This could indicate some areas of concern that the company may need to address to ensure long-term success. Despite these lower scores, Toray Industries remains a key player in manufacturing yarns, synthetic fibers, and chemical products used in various industries, showing a diverse portfolio of products and services.


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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