- Sanrio boosts its fiscal year operating income forecast to 37.10 billion yen, surpassing the previous forecast of 30.00 billion yen and the estimate of 33.82 billion yen.
- Expected net income for the fiscal year is revised to 28.70 billion yen, up from the previous forecast of 20.80 billion yen, and exceeding the estimate of 23.55 billion yen.
- Net sales for the fiscal year are now forecasted at 119.30 billion yen, higher than the previous forecast of 110.30 billion yen but slightly lower than the estimate of 119.89 billion yen.
- The estimated dividend per share is increased to 37.00 yen, compared to the previous forecast of 27.00 yen and the estimate of 30.06 yen.
- For the first half of the fiscal year, Sanrio projects net sales of 57.00 billion yen, up from the previous forecast of 52.20 billion yen.
- First half operating income is now expected to be 18.30 billion yen, significantly higher than the previous forecast of 12.60 billion yen.
- Net income for the first half is forecasted at 16.10 billion yen, a substantial increase from the previous forecast of 8.70 billion yen.
- First quarter results show robust performance with operating income at 10.75 billion yen, an 80% increase year-over-year, beating the estimate of 7.3 billion yen.
- Net income for the first quarter stands at 10.30 billion yen, compared to 4.92 billion yen in the same period last year.
- First quarter net sales are reported at 28.91 billion yen, representing a 42% increase year-over-year and surpassing the estimate of 26.27 billion yen.
- Current analyst ratings include 5 buys, 3 holds, and 0 sells, indicating positive market sentiment.
A look at Sanrio Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Sanrio Company, Ltd., known for its cute characters like Hello Kitty and My Melody, seems to have a promising long-term outlook based on Smartkarma Smart Scores. With a strong score of 5 for Growth and Resilience, the company is positioned well for future expansion and is deemed to be resilient in facing challenges. This indicates a positive trajectory for Sanrio in terms of increasing market share and navigating through various market conditions.
While the Value and Dividend scores are moderate at 2, the Momentum score stands at 4, suggesting a good pace of development and performance. Overall, the combination of high Growth and Resilience scores, along with a decent Momentum score, bodes well for Sanrio‘s future prospects in the market of character goods, gift merchandise, and entertainment offerings.
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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