- Yokohama Rubber‘s third-quarter operating income was 36.80 billion yen, which is 25% higher than last year and above the estimated 36.28 billion yen.
- The company’s net income for the third quarter reached 30.59 billion yen, significantly surpassing the previous year’s 14.26 billion yen and the estimate of 24.03 billion yen.
- Net sales in the third quarter were recorded at 297.99 billion yen, a 16% increase year over year, slightly above the estimate of 297.46 billion yen.
- For the entire year, Yokohama Rubber anticipates:
- Operating income of 140.50 billion yen, close to the estimated 145.2 billion yen.
- Net income of 88.00 billion yen, slightly below the estimate of 90.83 billion yen.
- Net sales expected to hit 1.24 trillion yen, just above the forecasted 1.23 trillion yen.
- A dividend prediction of 112.00 yen per share, nearly matching the estimate of 112.70 yen.
- Analysts’ ratings for Yokohama Rubber stand at 7 buys, 3 holds, and no sells.
A look at Yokohama Rubber Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
The Yokohama Rubber Company Limited, known for its diverse range of rubber products from automobile tires to industrial conveyor belts, has been given a solid evaluation in various aspects according to the Smartkarma Smart Scores. With a strong momentum score of 5, indicating positive market trends, Yokohama Rubber seems to be on a favorable trajectory for growth and price appreciation in the long term. Coupled with favorable scores in value at 4, dividend at 3, and resilience at 3, the company demonstrates promising fundamentals that may attract investors looking for stability and potential return.
Although Yokohama Rubber scores moderately in growth and resilience, it maintains a balanced outlook overall based on the Smartkarma Smart Scores. Investors seeking a mix of value, income potential, and strong market momentum may find Yokohama Rubber appealing for their long-term investment portfolios. With a history of producing quality rubber products along with diversification into golf clubs and aircraft parts, Yokohama Rubber showcases a commitment to innovation and adaptability in various industries, positioning itself for sustained growth and stability 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.
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