Earnings Alerts

Omron Corp (6645) Earnings: FY Net Sales Forecast and Year Results Fall Short of Estimates

  • Omron’s forecasted net sales are 825.00 billion yen, coming in under the estimated 852.56 billion yen.
  • The projected operating income is 49.00 billion yen, surpassing the estimate of 44.07 billion yen.
  • The net income forecast is significantly lower than the expected figure, at 8.50 billion yen versus the estimate of 25.78 billion yen.
  • A dividend of 104.00 yen has been seen, which is slightly above the previously estimated 101.47 yen.
  • The company’s fourth quarter results show net sales of 210.78 billion yen, beating the estimated 207.24 billion yen.
  • Operating income for the fourth quarter was also positive, at 7.77 billion yen against the estimated loss of 4.57 million yen.
  • The net income for the fourth quarter is 256.0 million yen, contrasting with the estimated loss of 2.59 billion yen.
  • The financial year results depict the net sales slightly beating estimates at 818.76 billion yen versus 818.44 billion yen.
  • Operating income for the financial year was higher than expected at 34.34 billion yen compared to 26.9 billion yen prediction.
  • Within the Industrial Automation Business, the operating income exceeded estimates at 21.46 billion yen versus the estimated 14.65 billion yen.
  • However, in the Healthcare Business, the operating income fell short of estimates at 18.46 billion yen against the predicted 19.13 billion yen.
  • The operating income for the Social Systems, Solutions and Service Business came in below estimates at 14.02 billion yen, against the forecasted 14.65 billion yen.
  • The Devices & Module Solutions Business saw an operating income of 3.15 billion yen, more than double the estimated 1.5 billion yen.
  • Overall, the company holds 2 buys, 12 holds and 0 sells ratings.

A look at Omron Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth2
Resilience3
Momentum2
OVERALL SMART SCORE2.6

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 analysis, Omron Corp has a moderately positive long-term outlook. With a Value score of 3, the company is deemed to have reasonable valuation metrics. The Dividend score of 3 indicates a stable dividend policy, offering investors an income stream. However, the Growth score of 2 suggests limited growth potential for the company in the foreseeable future.

Moreover, Omron Corp receives a Resilience score of 3, highlighting a robust and steady business model that can withstand economic downturns. In terms of Momentum, the company scores a 2, signaling weaker short-term price performance. Overall, Omron Corp, a manufacturer of electronic components and systems for automation, presents a mixed outlook in terms of valuation, growth, resilience, 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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