- Lowered Net Income Forecast: Kirin now expects a net income of 114.00 billion yen for FY 2024, down from the previous forecast of 131.00 billion yen. The market estimate was 132.22 billion yen.
- Sales Forecasts: Kirin expects net sales of 2.30 trillion yen for FY 2024, slightly higher than the previous forecast of 2.27 trillion yen and the market estimate of 2.28 trillion yen.
- Dividend Prediction: The company still forecasts a dividend of 71.00 yen per share, closely aligned with the market estimate of 71.07 yen.
- First Half Results:
- Normalized Operating Profit: First-half normalized operating profit was 93.07 billion yen.
- Net Sales: First-half net sales were 1.10 trillion yen, above the market estimate of 1.02 trillion yen (based on 2 estimates).
- Second Quarter Results:
- Net Income: Second quarter net income was 31.32 billion yen.
- Net Sales: Second quarter net sales were 594.06 billion yen, surpassing the market estimate of 536.64 billion yen.
- Analyst Ratings: Among analysts, there are 2 buy ratings, 11 hold ratings, and 1 sell rating.
A look at Kirin Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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, Kirin Holdings is positioned with a solid long-term outlook. With high scores in Dividend, Growth, and Momentum, the company shows promise for future financial performance. This indicates that Kirin Holdings is well-placed to provide stable returns to its investors through dividends and potential growth opportunities.
Although the Resilience score is comparatively lower, Kirin Holdings‘ diversified business model, which includes beer, soft drinks, food products, whisky, and pharmaceuticals, positions them well to weather potential economic downturns. Overall, the company’s balanced scores across various factors suggest a promising future for Kirin Holdings in both domestic and international markets.
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.
💡 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
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
