Earnings Alerts

Kikkoman Corp (2801) Earnings: FY Operating Income Forecast Falls Short of Estimates, Dividend Surpasses Expectations

  • Kikkoman’s forecasted operating income for the fiscal year is 75.20 billion yen, falling short of the 77.73 billion yen estimate.
  • The company predicts a net income of 59.60 billion yen, below the estimated 61.47 billion yen.
  • Net sales are expected to be 744.50 billion yen, surpassing the estimated 727.08 billion yen.
  • Dividends are projected at 25.00 yen, higher than the 22.79 yen estimate.
  • In the fourth quarter, operating income was 11.22 billion yen, a 16% decline year-over-year, and below the estimated 13.3 billion yen.
  • Net income in the fourth quarter was 10.37 billion yen, slightly above the 10.34 billion yen estimate.
  • Fourth-quarter net sales reached 173.46 billion yen, marginally exceeding the 172.76 billion yen estimate.
  • The company’s stock has 6 buy ratings, 7 hold ratings, and 2 sell ratings from analysts.

Kikkoman Corp on Smartkarma

Analyst coverage on Kikkoman Corp by independent investment research network Smartkarma highlights the insights of Michael Allen in his report titled “Unloved Japan: Cheap & Tariff-Proof.” Allen’s bullish sentiment is based on Kikkoman’s inclusion in the TARP strategy, which focuses on investing in stocks with minimal exposure to the US. Alongside companies like Kotobuki and Orix JREIT, Kikkoman is seen as a strong option due to its limited direct or indirect ties to the US market. The report emphasizes Kikkoman’s resilience in the face of potential tariffs, making it an attractive investment option within the Japanese market.

Michael Allen‘s analysis sheds light on the strategic importance of companies like Kikkoman (stock code: 2801) in building a portfolio resistant to US market fluctuations. By identifying Kikkoman as a “bullet-proof” stock within the TARP strategy, Allen underscores the value of companies insulated from potential trade disruptions. The report underscores the market preference for a solid strategic plan over immediate results, positioning Kikkoman as a favorable choice for investors seeking stability and long-term growth prospects in the Japanese market.


A look at Kikkoman Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum2
OVERALL SMART SCORE2.8

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

Analysts at Smartkarma have assessed Kikkoman Corp using their Smart Scores, providing insight into the company’s long-term prospects. With a Growth score of 4 and a Resilience score of 4, Kikkoman seems poised for steady expansion and the ability to weather economic challenges. These positive scores indicate the company’s strong potential for growth and its ability to adapt and survive in changing market conditions.

On the other hand, Kikkoman scored lower in Value, Dividend, and Momentum, with scores of 2 across the board. This suggests that investors may need to consider other factors beyond traditional value metrics, dividends, and market momentum when evaluating Kikkoman Corp. Overall, the company’s profile includes production and marketing of soy sauce, alcoholic beverages, and other food products, as well as holding marketing rights for Del Monte brand products globally, alongside operating restaurants internationally.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars