- Kao raises its full-year operating income forecast to 140.00 billion yen from 130.00 billion yen.
- Forecasted operating income still falls short of the 143.82 billion yen estimate.
- Sees yearly net income at 104.00 billion yen, up from 98.00 billion yen; however, this is slightly below the 105.44 billion yen estimate.
- Annual net sales projection increased to 1.60 trillion yen from 1.58 trillion yen, meeting the estimate of 1.60 trillion yen.
- Dividends are expected to remain at 152.00 yen per share, slightly below the 152.40 yen estimate.
- Second quarter operating income rose by 93% year-on-year to 35.96 billion yen, surpassing the 35.19 billion yen estimate.
- Net income for the second quarter increased to 26.94 billion yen, compared to 11.81 billion yen year-on-year, and was above the 21.99 billion yen estimate.
- Second quarter net sales climbed 8.1% year-on-year to 422.19 billion yen, exceeding the 404.7 billion yen estimate.
- Analysts ratings: 6 buy, 6 hold, 0 sell.
“`
A look at Kao Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.0 |
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
Investment analysts are cautiously optimistic about the long-term outlook for Kao Corporation, a manufacturer of household and chemical products. According to Smartkarma Smart Scores, the company receives a solid score for dividend and resilience, indicating strong performance in these areas. Although the value and growth scores are moderate, Kao Corp seems to excel in momentum, receiving the highest score in this category. This suggests that the company may have strong positive trends and investor interest in the near future.
Kao Corporation, known for producing cosmetics, laundry and cleaning products, hygiene items, and a variety of chemicals, is positioned well with a mix of stable dividends and resilient operations. While there may be room for improvement in terms of value and growth, the company’s impressive momentum score signals potential for continued success. Investors may view Kao Corp as a promising opportunity for long-term growth and stability, with a notable focus on maintaining dividends and weathering market challenges efficiently.
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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