Earnings Alerts

Minebea Mitsumi (6479) Earnings: FY Operating Income Forecast Boosted, Misses Estimates

  • Operating Income Forecast: Predicted to be 103.00 billion yen, previously anticipated at 100.00 billion yen, but missed the estimate of 105.99 billion yen.
  • Net Income Forecast: Expected to be 73.00 billion yen, up from 71.00 billion yen, though falling short of the estimate of 79.27 billion yen.
  • Net Sales Forecast: Anticipated to reach 1.56 trillion yen, previously 1.50 trillion yen, surpassing the estimate of 1.52 trillion yen.
  • First Half Operating Income Prediction: Expected to be 48.00 billion yen, an increase from 42.00 billion yen.
  • First Half Net Income Prediction: Forecasted to be 34.00 billion yen, up from 29.00 billion yen.
  • First Half Net Sales Prediction: Expected to be 770.00 billion yen, an improvement from 704.00 billion yen.
  • First Quarter Operating Income: Achieved 20.03 billion yen, compared to 6.08 billion yen year-over-year (y/y), close to the estimate of 20.14 billion yen.
  • First Quarter Net Income: Reported at 13.94 billion yen, compared to 3.66 billion yen y/y, missing the estimate of 15.6 billion yen.
  • First Quarter Net Sales: Reached 355.45 billion yen, a 22% increase y/y, and surpassed the estimate of 337.87 billion yen.
  • Analyst Ratings: 11 buys, 2 holds, 1 sell.

A look at Minebea Mitsumi Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum5
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

Investors looking at the long-term outlook for Minebea Mitsumi can take solace in the company’s strong momentum score on Smartkarma, indicating a positive trend that may continue in the future. Despite moderate scores in areas such as value, growth, dividend, and resilience, its high momentum score suggests that the company is currently on a favorable trajectory. Minebea Mitsumi‘s diverse product portfolio, which includes miniature and instrument ball bearings, DC motors, and computer keyboards, positions it well in various markets and industries.

Minebea Mitsumi, with its operations in Thailand and Singapore, showcases a blend of stability and growth potential. While the company may not excel in all areas according to Smartkarma’s scores, its robust momentum score signals promising prospects ahead. Investors keen on a company with strong upward trends and a diversified product offering may find Minebea Mitsumi a compelling long-term investment option.


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