Earnings Alerts

Toyota Industries (6201) Earnings Beat Estimates: FY Net Sales Forecast Boosted

  • Toyota Industries has increased its forecast for net sales in the fiscal year to 3.80 trillion yen, up from a previous forecast of 3.60 trillion yen.
  • The new forecast beats the estimated net sales of 3.72 trillion yen.
  • The company’s operating income forecast remains unchanged at 200.00 billion yen, which is lower than the estimated 229.69 billion yen.
  • Toyota Industries also maintains its net income forecast at 225.00 billion yen, falling short of the estimated 247.43 billion yen.
  • The company’s stock currently has 6 buy ratings, 10 hold ratings, and 1 sell rating.
  • The comparisons to past results are based on values reported by the company in its original disclosures.

A look at Toyota Industries Smart Scores

FactorScoreMagnitude
Value4
Dividend2
Growth4
Resilience3
Momentum5
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

Toyota Industries Corporation, a member of the Toyota Motor Group, is expected to have a positive long-term outlook according to the Smartkarma Smart Scores. The company has received a score of 4 for value, indicating that it is currently undervalued and has potential for growth. In addition, Toyota Industries has received a score of 4 for growth, suggesting that it has a strong potential for future expansion and profitability. The company’s resilience, with a score of 3, also bodes well for its long-term prospects, as it indicates a strong ability to weather potential challenges.

Furthermore, Toyota Industries has been given a score of 5 for momentum, indicating that it is currently experiencing positive market momentum and is expected to continue on a strong trajectory. However, the company’s dividend score of 2 suggests that it may not be a top choice for investors seeking immediate returns. Overall, Toyota Industries Corporation, with its diverse portfolio of products including motor vehicles, automotive parts, industrial equipment, and electronic devices, is well-positioned for long-term success and growth in the market.


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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