Earnings Alerts

Analyst Review: Obayashi Corp (1802) Earnings Surpass Estimates, Positive Performance in FY Operating Income

  • Obayashi’s operating income forecast stands at 93.00 billion yen, surpassing the estimated 89.06 billion yen.
  • The company’s net income projection is 87.00 billion yen, higher than the initial estimate of 73.64 billion yen.
  • Obayashi anticipates net sales to reach 2.51 trillion yen, a notable jump from the estimated 2.27 trillion yen.
  • The company plans for a dividend of 80.00 yen, significantly more than the estimated 69.25 yen.
  • Obayashi’s fourth quarter results reveal an operating income of 28.17 billion yen, a slight 0.3% increase year on year (y/y), well above the expected 19.79 billion yen.
  • The company’s net income for the fourth quarter was 27.57 billion yen, reflecting a hefty 31% upturn y/y. This figure topples over the estimated 12.7 billion yen.
  • Fourth-quarter net sales registered at 623.61 billion yen, a 15% y/y increase, and higher than the estimated 589.26 billion yen.
  • Overall, opinion on Obayashi’s performance and prospects remains mixed, with 4 buys, 3 holds, and 1 sell.
  • All comparisons to past results are based on values disclosed by Obayashi.

A look at Obayashi Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth2
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

Obayashi Corporation, a leading general contractor with operations nationwide and overseas, is set for a bright long-term outlook based on the Smartkarma Smart Scores. The company holds a strong Dividend score of 5, reflecting its solid track record of distributing returns to investors. Additionally, Obayashi Corp demonstrates excellent Momentum with a score of 5, indicating strong performance trends that could sustain its growth trajectory.

Although the company’s Growth score is moderate at 2, its overall Resilience score of 3 coupled with a decent Value score of 3 suggests a stable foundation. Obayashi’s diversified operations in building earthquake-resistant structures, civil engineering projects for railways, and ventures in real estate and finance further bolster its outlook for long-term growth and sustainability in the 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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