Earnings Alerts

Hoya Corp (7741) Earnings: FY Net Sales Forecast Surpasses Estimates with Strong First Quarter Performance

  • Full Year Forecast: Hoya expects net sales of 864.00 billion yen, above the estimated 821.22 billion yen.
  • First Half Forecast:
    • Projected net sales: 430.00 billion yen (estimate: 393.07 billion yen).
    • Projected net income: 95.00 billion yen (estimate: 97.9 billion yen).
  • First Quarter Results:
    • Net income: 47.16 billion yen (+23% year-over-year), beating the estimate of 46.22 billion yen.
    • Net sales: 213.77 billion yen (+17% year-over-year), surpassing the estimate of 191.95 billion yen.
  • First Quarter Segment Breakdown:
    • Life Care revenue: 134.96 billion yen (+5.9% year-over-year), estimate: 123.45 billion yen.
    • Health care related products revenue: 101.83 billion yen (+7.3% year-over-year), estimate: 90.81 billion yen.
    • Medical related products revenue: 33.13 billion yen (+2% year-over-year), estimate: 31.72 billion yen.
    • Information Technology revenue: 77.85 billion yen (+45% year-over-year), estimate: 65.07 billion yen.
    • Electronics related products revenue: 66.29 billion yen (+47% year-over-year), estimate: 55.42 billion yen.
    • Imaging related products revenue: 11.57 billion yen (+32% year-over-year), estimate: 9.65 billion yen.
  • Investment Analyst Ratings: 14 buys, 4 holds, and no sells.

A look at Hoya Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Hoya Corp has a positive long-term outlook. The company scored well in growth with a rating of 4, indicating strong potential for expansion. Additionally, Hoya Corp received a resilience score of 5, highlighting its ability to withstand economic challenges. The momentum score of 4 suggests that the company is experiencing positive upward momentum, which could lead to continued success in the future. While the value and dividend scores are more moderate at 2, the overall outlook for Hoya Corp appears promising.

Hoya Corp is a manufacturer of electro-optics products, including semiconductors, LCD panels, optical glasses, HDD memory disks, medical endoscopes, eyeglasses, and contact lenses. In addition, the company offers information system architecture services. With solid scores in growth, resilience, and momentum, Hoya Corp seems well-positioned for long-term success 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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