Earnings Alerts

Toyota Industries (6201) Earnings: FY Operating Income Forecasts Misses Analyst Estimates

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  • Toyota Industries predicts operating income to be 250.00 billion yen, lower than the estimated 263.03 billion yen.
  • The company anticipates net income to be 260.00 billion yen, falling short of the estimated 266.28 billion yen.
  • Net sales are predicted to be 3.90 trillion yen, under the estimated 3.96 trillion yen.
  • Toyota looks to offer a dividend of 280.00 yen, higher than the estimated 244.64 yen.
  • The company reported operating loss of 507.0 million yen in the fourth quarter against last year’s profit of 31.22 billion yen.
  • The net loss in the same period was 2.02 billion yen as opposed to a profit of 23.63 billion yen year-on-year.
  • The net sales however increased by 10% year-on-year reaching 1.01 trillion yen.
  • Analysts’ rating for Toyota Industries stock stands at 5 buys, 10 holds, 1 sell.

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Toyota Industries on Smartkarma

Analysts on Smartkarma have provided coverage on Toyota Industries, with insights from Travis Lundy. In a bearish sentiment piece titled “Denso’s Big Multi-Year Toyota Industries (6201) Selldown,” Lundy discusses Denso’s recent announcement of a multi-year selldown of Toyota Industries shares. This selldown amounts to 9% of the stock over 10 quarters and indicates potential further selling pressure from cross-holders. Lundy notes that despite perceptions of cheapness, Toyota Industries may not be as attractively valued as believed, leading to disappointment in the market. The absence of substantial buybacks and offerings raises concerns about the company’s path forward and the impact on investor sentiment.


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 key player within the Toyota Motor Group, has received a solid overall outlook based on Smartkarma Smart Scores. With a strong momentum score of 5, indicating a positive trend in performance, Toyota Industries is poised for potential growth. The company’s high value score of 4 highlights its attractiveness in terms of valuation, while a growth score of 4 suggests promising future expansion opportunities. Despite a somewhat lower dividend score of 2, Toyota Industries maintains resilience with a score of 3, indicating stability in the face of challenges.

As a diversified company involved in assembling motor vehicles, manufacturing automotive parts, and producing a range of industrial equipment and electronic devices, Toyota Industries is well-positioned for long-term success. Investors may find the company appealing based on the combination of its strong momentum, value, and growth scores, showcasing its potential for continued growth and performance within its industry.


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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