- Nissin Foods FY operating income is forecasted to be between 76.00 billion yen to 80.00 billion yen, lower than the estimated 85.8 billion yen.
- The company anticipates net income will be in the range of 54.50 billion yen to 57.50 billion yen, compared to an estimated 61.33 billion yen.
- Nissin Foods expects net sales to reach 785.00 billion yen, surpassing the estimate of 764.4 billion yen.
- Projected dividend for Nissin Foods is 70.00 yen, which is lesser than the forecasted 74.21 yen.
- Fourth quarter results showed an operating income of 4.80 billion yen, marking a decrease of 31% year-over-year, against an estimate of 9.76 billion yen.
- The net income reported for the fourth quarter was 5.12 billion yen, demonstrating a decline of 48% year-on-year, from the estimated 8.73 billion yen based on 2 estimates.
- On a positive note, the net sales during the fourth quarter were 184.01 billion yen, exhibiting an increase of 9.7% year-on-year, though slightly lower than the estimated 185.48 billion yen.
- The company’s ratings tell a positive story with 10 buys and 3 holds, while there are no sells.
- All comparisons to past results are directly taken from values reported in the company’s original disclosures.
Nissin Foods Holdings on Smartkarma
Analyst coverage of Nissin Foods Holdings on Smartkarma reveals a positive outlook from Oshadhi Kumarasiri. In the report titled “Japan Consumer Staples Update: Inflation Looks a Blessing in Disguise for Those with Pricing Power,” Kumarasiri discusses the impact of inflation on Japanese consumer staples companies like Nissin Foods Holdings. While inflation in Japan has been declining, Nissin Foods Holdings (2897 JP) stood out with excellent performance in the recent quarter. The report also highlights challenges faced by other companies in the sector, such as Yakult Honsha and Seven & I Holdings.
A look at Nissin Foods Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
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
Based on the Smartkarma Smart Scores, Nissin Foods Holdings shows a mixed long-term outlook. While the company scores moderately in areas such as Dividend, Growth, and Resilience, indicating stability and potential for expansion, its Value and Momentum scores are lower. This suggests that the company may face challenges in terms of its valuation and short-term market performance.
NISSIN FOODS HOLDINGS CO.,LTD. is involved in the production of instant noodles, processed food items, and pharmaceuticals. With production facilities in various overseas locations like Hong Kong, India, the U.S., and Singapore, the company has a wide international presence. The overall Smart Scores point towards a company with solid fundamentals but needing to address aspects related to valuation and market momentum for long-term success.
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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