- Itochu’s full year net income forecast surpasses the estimate at 880.00 billion yen against the estimated 847.51 billion yen.
- The company’s projected dividend stands at 200.00 yen, outperforming the estimate of 178.50 yen.
- For the fourth quarter, the operating income has risen by 28% year on year to 163.82 billion yen.
- Despite an estimate of 208.7 billion yen, the fourth quarter net income was 190.08 billion yen, marking a 61% increase year on year.
- Net sales for the fourth quarter were 3.58 trillion yen, a 5.2% increase year on year.
- Yearly results depict an operating income of 702.90 billion yen, a marginal 0.1% increase year on year, with an estimate of 698.72 billion yen.
- The net income for the year was 801.77 billion yen, slightly higher, i.e., 0.2% compared to last year, against an estimate of 813.95 billion yen.
- The net sales for the year came in at 14.03 trillion yen, a 0.6% increase year on year, slightly less than the estimate of 14.31 trillion yen.
- Shares fell by 2.7%, dropping to 7,203 yen on 2.22 million shares traded.
- There have been 9 buys, 3 holds and 0 sells of shares.
- All the comparisons made here are based on values reported by the company’s original disclosures.
A look at Itochu Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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, Itochu Corp is positioned with a promising long-term outlook. With a strong momentum score of 5, the company is showing robust performance trends that signal positive growth potential ahead. Additionally, a growth score of 4 underscores the company’s ability to expand and increase its market share in various sectors.
Although Itochu Corp‘s resilience score is at 2, indicating some vulnerability to market fluctuations, its balanced value and dividend scores of 3 each suggest stability and investment attractiveness for shareholders seeking reasonable returns. Overall, Itochu Corp‘s diversified operations across multiple industries and global presence position it well for sustainable growth and profitability in the future.
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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