- Kyocera’s forecasted operating income for the financial year is 110.00 billion yen, below the estimated 122.52 billion yen.
- The net income projection is 112.00 billion yen, less than the estimated 130.31 billion yen.
- Foreseen net sales are 2.05 trillion yen, slightly lower than the estimated 2.07 trillion yen.
- The anticipated dividend is 50.00 yen, less than the estimated 52.33 yen.
- Kyocera’s operating income for the fourth quarter was 13.08 billion yen, a decrease of 11% compared to the same period last year, and below the estimate of 19.52 billion yen.
- Their net income for the fourth quarter was 10.71 billion yen, a 16% year-on-year increase, but lower than the estimated 21.25 billion yen.
- For the same period, net sales increased by 2.5% year-on-year to 511.55 billion yen, slightly above the estimate of 508.86 billion yen.
- Currently, the company has 6 buys, 11 holds, and 0 sells.
Kyocera Corp on Smartkarma
Analysts on Smartkarma are examining Kyocera Corp‘s latest moves closely, particularly its $10bn stake in KDDI. Travis Lundy, a top independent analyst on the platform, recently published a bullish research report titled “Kyocera (6971) And Their $10bn KDDI Stake – Did They Get CorpGov Religion?” Lundy highlights Kyocera’s announcement of a downward revision and a plan to reconsider its KDDI shares after facing challenges at the June AGM. Despite the initial setback causing a positive market reaction, Lundy urges investors to pay attention to the details and intentions behind Kyocera’s revised strategy.
In the report, Lundy discusses Kyocera Corp‘s Q2 results and a downward adjustment in the full-year forecast. The CEO’s statement regarding the reconsideration of the KDDI shares, along with the company’s previous plan to leverage ¥500bn against the stake for shareholder returns, adds complexity to the investment thesis. While speculating on Kyocera potentially embracing Corporate Governance principles, Lundy advises a cautious approach, emphasizing the importance of scrutinizing the company’s ambitious plans amidst evolving market dynamics.
A look at Kyocera Corp Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 3 | |
Momentum | 2 | |
OVERALL SMART SCORE | 3.2 |
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
According to Smartkarma Smart Scores, Kyocera Corp is seen as a strong investment option for the long term. With high scores in both Value and Dividend, the company is deemed to offer good value for investors, as well as a steady dividend payout. Although the Growth and Resilience scores are slightly lower, indicating moderate performance in these areas, Kyocera’s overall outlook remains positive, reflecting a solid foundation in key financial aspects.
Despite a lower score in Momentum, suggesting a slower pace of recent developments, Kyocera Corporation’s global presence in manufacturing electronic equipment and components positions it as a reliable player in the market. Their diverse range of products, including telecommunication equipment, semiconductor parts, and optical equipment, highlights the company’s versatility and potential for continued growth in the ever-evolving technology sector.
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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