Earnings Alerts

Panasonic Corp (6752) Earnings Assessment: FY Net Income Forecast Falls Short of Estimates

  • Panasonic’s net income forecast missed estimates, projecting 310.00 billion yen instead of the projected 352.72 billion yen.
  • Net sales are also projected to miss estimates, generating an estimated 8.60 trillion yen as opposed to the projected 8.69 trillion yen.
  • Fourth quarter results show an operating income of 40.71 billion yen versus estimates of 67.49 billion yen.
  • The net income of the fourth quarter was 44.82 billion yen, missing the estimated 59.88 billion yen.
  • In contrast, the net sales for the fourth quarter exceeded expectations: 2.20 trillion yen versus an estimated 2.14 trillion yen.
  • On investment ratings, Panasonic received 11 ‘buy’ recommendations, 5 ‘hold’ recommendations and 1 ‘sell’ recommendation.

Panasonic Corp on Smartkarma

Analyzing Panasonic Corp, Mark Chadwick on Smartkarma highlights a recent strategic move. In his report “Panasonic (6752) | PAS-Ing the Keys,” he discusses Panasonic’s partnership with Apollo Global Management. This collaboration involves the sale of part of its ownership in Panasonic Automotive Systems to refocus on core growth areas. Despite a bearish sentiment towards Panasonic, this strategic partnership is viewed positively as it streamlines the group structure, allowing a stronger focus on sustainable growth.

Mark Chadwick‘s research sheds light on Panasonic’s shift towards core areas, such as automotive electronics, by divesting from Panasonic Automotive Systems. With approximately 15% market share in the global Automotive Digital Cockpit sector and $3.6 billion in sales, Panasonic is aiming to consolidate its operations for long-term success. This move signifies a strategic realignment and a commitment to enhancing Panasonic’s position in key growth markets.


A look at Panasonic Corp Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth5
Resilience3
Momentum3
OVERALL SMART SCORE3.8

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

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Based on the Smartkarma Smart Scores, Panasonic Corp seems to have a positive long-term outlook. With strong scores in Growth and Value, indicating potential for future expansion and solid financial standing, the company may be well-positioned for growth in the coming years. Additionally, its respectable scores in Dividend and Resilience suggest stability and the ability to weather economic uncertainties. While Momentum scored lower, indicating a slower recent performance, the overall picture painted by the Smart Scores points to a company with solid fundamentals and growth potential in the future.

Panasonic Corporation, a manufacturer of electric and electronic products, possesses a diversified product portfolio ranging from home appliances to industrial equipment. With a global presence through associated companies worldwide, Panasonic has established itself as a key player in the industry. The combination of strong growth prospects, value, and a focus on dividends underscores Panasonic’s potential for sustainable long-term success in the ever-evolving electronics market.

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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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