- Taisei Corporation has significantly upgraded its forecast for fiscal year operating income.
- The company now expects operating income of 120.10 billion yen, well above the previous year’s 87.00 billion yen and exceeding analyst estimates of 88.7 billion yen.
- Net income is projected to be 123.80 billion yen, surpassing the prior year’s 83.00 billion yen and beating expectations of 88.83 billion yen.
- Net sales are anticipated to reach 2.15 trillion yen, up from last year’s 1.99 trillion yen, and higher than the estimated 2.04 trillion yen.
- Taisei plans to increase its dividend payout to 210.00 yen per share, compared to the prior year’s 130.00 yen, and above the analyst forecast of 135.63 yen.
- The stock has garnered positive market sentiment, with 7 buy recommendations, 1 hold, and no sell recommendations.
Taisei Corp on Smartkarma
Analysts on Smartkarma are closely following Taisei Corp, with Travis Lundy providing insights on the company’s recent performance. In his report titled “Taisei (1801 JP) – In-Line Earnings, BIG Buyback, Already In The Price?“, Lundy discusses how Taisei’s latest earnings were as expected, supplemented by a cross-holding sale. Despite this, the future outlook appears lackluster as current share prices seem to already account for potential growth. Notably, Taisei announced a significant buyback program, aiming to repurchase up to 30 million shares worth up to ¥150 billion, representing a substantial portion of outstanding shares. However, the market reaction suggests that perhaps the buyback may not have as strong an impact as anticipated, but its implementation remains a point of interest for investors.
A look at Taisei Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
TAISEI CORPORATION, a renowned general contractor operating both nationally and internationally, boasts a solid long-term outlook based on the Smartkarma Smart Scores assessment. With a commendable overall rating across various aspects, including Growth and Momentum, Taisei Corp is poised for steady expansion and sustained positive market performance. The company excels in building residential, commercial, and institutional structures, in addition to civil engineering projects for roads. Furthermore, Taisei’s diversified portfolio, encompassing real estate, resort development, and financial ventures through its subsidiaries, showcases a robust foundation for future growth.
As per the Smartkarma Smart Scores, Taisei Corp demonstrates strength in key areas like Growth and Momentum, indicating a favorable outlook for the company’s future performance. With a balanced rating across categories such as Value, Dividend, and Resilience, Taisei Corp is well-positioned to navigate market fluctuations and capitalize on growth opportunities in the construction and real estate sectors. Leveraging its expertise in developing residential and commercial properties, along with its involvement in civil engineering projects, Taisei Corp stands out as a reliable choice for investors seeking long-term stability and potential growth.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
