• Nissan Chemical forecasted their operating income to be around 50.00 billion yen, falling short of the estimated 52.74 billion yen.
• Their projected net income stood at 38.40 billion yen, as opposed to the predicted 39.87 billion yen.
• The company also anticipated net sales of 234.10 billion yen, which is also below the original estimate of 238.2 billion yen.
• The projected dividend was slated to be 164.00 yen, short of the estimated 166.59 yen.
• For the fourth quarter results, the operating income came to be 14.77 billion yen, marking a 9.6% increase from the previous year, and exceeded the estimate of 14.65 billion yen.
• The net income for the same period showed an increase of 17% from the last year, reaching 12.06 billion yen, although slightly lower than the estimated 12.48 billion yen.
• The net sales for the fourth quarter added up to 71.37 billion yen, a rise of 3.7% year on year, surpassing the estimate of 70.27 billion yen.
• Currently, the company’s status stands at 4 buys, 5 holds and 1 sell.
A look at Nissan Chemical Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
According to Smartkarma’s Smart Scores, Nissan Chemical Industries shows a promising long-term outlook. With a solid dividend score of 4, investors can expect a steady income stream from this company. Additionally, the growth, resilience, and momentum scores all indicate positive indicators for Nissan Chemical Industries, suggesting future potential for expansion and stability in the market. Despite a moderate value score of 2, the overall outlook for the company appears favorable based on its dividend, growth, resilience, and momentum scores.
Nissan Chemical Industries, Ltd. is a company that produces a wide range of chemical products, including basic chemicals, functional chemical products, agrochemicals, and pharmaceutical products. With a balanced mix of products in its portfolio, Nissan Chemical Industries is positioned to capture opportunities in various sectors, enhancing its long-term growth prospects.
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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