Earnings Alerts

Makita Corp (6586) Earnings: FY Operating Income Forecast Falls Short of Estimates Despite Strong Q1 Results

Makita FY Financial Report

  • Makita’s FY operating income forecast is 75.00 billion yen, below the estimate of 80.34 billion yen.
  • Net income forecast stands at 51.00 billion yen, missing the estimate of 56.49 billion yen.
  • Expected net sales are 710.00 billion yen, compared to the estimate of 756.28 billion yen.
  • First quarter operating income is 21.34 billion yen, a 31% increase year-over-year. The estimate was 20.46 billion yen.
  • First quarter net sales totaled 193.93 billion yen, up by 5.1% year-over-year, beating the estimate of 186.54 billion yen.
  • First quarter net income reached 16.01 billion yen, a 43% year-over-year increase, surpassing the estimate of 14.12 billion yen.
  • Analysts’ recommendations: 7 buys, 8 holds, and 0 sells.

A look at Makita Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE3.0

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

Analysis of Makita Corp‘s long-term outlook based on Smartkarma Smart Scores reveals a promising future. With a strong resilience score of 4, the company demonstrates robustness and stability in facing market challenges. Moreover, its momentum score of 4 indicates a positive trend in growth and performance. While the value score stands at 3, showing a fair valuation, the dividend and growth scores both at 2 suggest areas that may need improvement for long-term sustainability.

Makita Corporation, a manufacturer of a diverse range of electric power tools and accessories, appears well-positioned for continued success. As the company excels in resilience and momentum, it shows potential for maintaining steady progress and adapting to changing market conditions. With a strategic focus on innovation and market demand, Makita Corp‘s solid foundation in producing quality tools positions it for long-term competitiveness in the industry.


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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