- Ryohin Keikaku‘s forecast for 2024 operating income is 55.00 billion yen, which is below the estimated 58.25 billion yen.
- The net income forecast is slightly above expectations, at 38.00 billion yen versus an estimate of 37.95 billion yen.
- Expected net sales are 734.00 billion yen, surpassing the estimate of 719.9 billion yen.
- The company anticipates a dividend of 40.00 yen, which is lower than the estimated 43.23 yen.
- Net sales for the fourth quarter reached 165.98 billion yen, a 14% increase year-over-year, exceeding the estimate of 164.45 billion yen.
- Fourth-quarter operating income surged 31% year-over-year to 13.67 billion yen, outperforming the estimated 10.91 billion yen.
- Net income for the fourth quarter was significantly higher at 8.06 billion yen compared to an estimated 3.33 billion yen.
- Japan revenue for the year was 388.94 billion yen, marking a 13% increase year-over-year, but fell slightly short of the 390.81 billion yen estimate.
- Japan’s operating profit dramatically increased from the previous year, reaching 39.72 billion yen versus 8.53 billion yen, close to the 38.5 billion yen estimate.
- Ryohin Keikaku is currently receiving positive sentiment with 12 analyst buy ratings, 3 hold ratings, and 0 sell ratings.
Fourth Quarter Results
Full Year Results
Market Sentiment
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Ryohin Keikaku on Smartkarma
Analyst coverage of Ryohin Keikaku on Smartkarma by Travis Lundy has highlighted the recent changes in the Nikkei 225 Review results for Sep24. Ryohin Keikaku was added to the index while Nippon Paper and DIC were removed, with Fast Retailing facing capping. Lundy questioned the decision for only 2 changes instead of 3, speculating on the reasons behind it and the implications for Fast Retailing in March 2025.
Further insights from analyst Brian Freitas also discussed the upcoming Nikkei 225 Index rebalance in September 2024, forecasting 3 changes with a focus on sector balance. Fast Retailing is expected to be capped at 10%, leading to potential selling pressure and funding changes for passive trackers. The analysis indicates the need for strategic trading in response to the rebalance to adapt to the upcoming changes in the index composition.
A look at Ryohin Keikaku Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Ryohin Keikaku Co., Ltd., a retailer and wholesaler of Mujirushi Ryohin brand products, is projected to have a positive long-term outlook based on the Smartkarma Smart Scores. With a high Growth score of 5, the company is expected to expand and increase its market presence substantially over time. This is further supported by a strong Momentum score of 5, indicating that the company is performing well and experiencing positive growth trends in the market.
Additionally, Ryohin Keikaku scores average in terms of Value and Dividend at 2 each, suggesting stability in its financials and moderate returns for investors. With a Resilience score of 3, the company shows a reasonable ability to weather economic challenges and maintain its operations effectively. Overall, the combination of these scores indicates a promising future for Ryohin Keikaku as it continues to grow and thrive in the market.
Summary: Ryohin Keikaku Co., Ltd. specializes in the retail and wholesale distribution of Mujirushi Ryohin brand products, which span various categories such as knitwear, food, and household items. The company’s strategic focus on quality, design, and sustainability has contributed to its growing success and market presence.
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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