- Forecast Miss: Toyota Industries forecasts their full-year operating income at 180.00 billion yen, missing the market estimate of 251.48 billion yen.
- Net Income Forecast: Expected net income is 240.00 billion yen, falling short of the estimated 281.92 billion yen.
- Sales Forecast: The company forecasts net sales of 4.00 trillion yen, slightly below the estimate of 4.15 trillion yen.
- Dividend Forecast: Dividend is expected to be 280.00 yen, lower than the estimated 298.66 yen.
- Fourth Quarter Operating Income: Operating income for the fourth quarter was 40.74 billion yen, turning around from a loss of 507.0 million yen the previous year but below the estimated 52.05 billion yen.
- Fourth Quarter Net Income: Net income for the quarter reached 13.93 billion yen compared to a loss of 2.02 billion yen a year earlier, but under the estimate of 34.34 billion yen.
- Fourth Quarter Sales: Net sales for the fourth quarter were 1.06 trillion yen, up 5.6% year-over-year and above the estimate of 1 trillion yen.
- Analyst Recommendations: The stock has 7 buy ratings, 10 hold ratings, and no sell ratings.
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A look at Toyota Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| 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
Toyota Industries Corporation, a key member of the Toyota Motor Group, is positioned favorably for long-term growth based on its Smartkarma Smart Scores. With solid scores across multiple key factors, including Value, Growth, and Momentum, Toyota Industries is poised to thrive in the future. The company’s strong value score reflects its attractive pricing relative to its intrinsic worth, while its high growth score indicates promising potential for expansion. Moreover, the positive momentum score suggests upward trends in stock performance.
Additionally, Toyota Industries‘ resilience score underscores its ability to weather economic uncertainties and market fluctuations. Combined with a respectable dividend score, the company offers potential returns to investors while maintaining a stable performance. As a diversified entity involved in automotive manufacturing, industrial equipment production, and electronics, Toyota Industries is well-positioned to capitalize on various market opportunities and drive long-term success.
**Summary:**
TOYOTA INDUSTRIES CORPORATION, a member of the Toyota Motor Group, assembles motor vehicles and manufactures automotive parts such as engines and air conditioner compressors. The Company also produces industrial equipment and textile machinery as well as electronic devices such as computer modems and power inverters.
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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