Earnings Alerts

Idemitsu Kosan (5019) Earnings: FY Operating Income Misses Estimates but Shows Improvement in Fourth Quarter

  • Idemitsu’s forecasted operating income for the fiscal year is 169.00 billion yen, which is below the estimated 220.36 billion yen.
  • The company’s net income is projected to be 125.00 billion yen, lower than the anticipated 166.32 billion yen.
  • Net sales are expected to be 8.70 trillion yen, surpassing the estimate of 8.34 trillion yen.
  • The predicted dividend is 32.00 yen, less than the estimated 33.71 yen.
  • Fourth quarter results showed an operating income of 52.62 billion yen, compared to a loss of 16.42 billion yen year over year (y/y).
  • The net loss for the fourth quarter was 10.57 billion yen, which was better than the anticipated loss of 13.84 billion yen.
  • Net sales in the fourth quarter were 2.32 trillion yen, a 3.2% increase y/y, and higher than the estimated 2.26 trillion yen.
  • Annual results demonstrated an operating income of 346.32 billion yen, an increase of 23% y/y, and above the estimated 282.96 billion yen.
  • Net income for the year was 228.52 billion yen, a decrease of 9.9% y/y, but above the estimated 208.17 billion yen.
  • The annual net sales were 8.72 trillion yen, down by 7.8% y/y, but slightly over the estimated 8.67 trillion yen.
  • Analysts’ current consensus on Idemitsu’s stock is balanced, with 4 advising to buy and 4 advising to hold. No analyst advised to sell.

A look at Idemitsu Kosan Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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, Idemitsu Kosan appears to have a positive long-term outlook. With strong scores in Value, Dividend, Growth, and Momentum, the company seems well-positioned for future success. Its high growth score signifies potential for expansion and profitability, while the solid dividend score indicates consistent returns for investors.

However, the company’s lower resilience score suggests a potential vulnerability to economic downturns or industry challenges. It may be important for investors to monitor how Idemitsu Kosan navigates through any turbulent times while capitalizing on its momentum to drive further growth and value creation.

### Idemitsu Kosan Co., Ltd. explores, imports, refines, and distributes petroleum and its related products. The Company also manufactures and sells petrochemical products. ###


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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