Earnings Alerts

Mitsubishi HC Capital (8593) Earnings: 2Q Net Income Surges 28% to 22.54B Yen

By November 14, 2024 No Comments
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  • Mitsubishi HC reported a net income of 22.54 billion yen for the second quarter, marking a 28% increase compared to the previous year.
  • Net sales for the quarter were 539.70 billion yen, representing a 16% rise year-over-year.
  • The company maintains its forecast for 2025 net income at 135.00 billion yen, close to the analysts’ estimate of 136.3 billion yen.
  • Mitsubishi HC also expects to maintain a dividend of 40.00 yen, aligning with analyst estimates.
  • Currently, the company has 1 buy rating and 1 hold rating, with no sell ratings.

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A look at Mitsubishi HC Capital Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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 utilizing Smartkarma Smart Scores see a promising long-term outlook for Mitsubishi HC Capital. With strong scores of 4 in Value, Dividend, Growth, and Momentum, the company is perceived favorably in these key areas. This indicates favorable attributes in terms of valuation, dividend yield, growth potential, and market momentum. However, the company scored a 2 in Resilience, suggesting some potential vulnerability to market fluctuations.

Mitsubishi HC Capital Inc., a provider of customer finance services, is well-positioned to benefit from its solid performance in several crucial areas, according to the Smartkarma Smart Scores. With a global reach and a focus on leasing various assets such as machinery, equipment, aircraft, and office buildings, the company’s overall outlook appears optimistic based on its strong scores in Value, Dividend, Growth, and Momentum.


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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