- TDK revised its full-year net sales forecast to 2.18 trillion yen, previously anticipated at 2.12 trillion yen and slightly above the estimate of 2.17 trillion yen.
- Operating income projections remain steady at 220.00 billion yen, which is below the estimate of 235.02 billion yen.
- The forecast for net income is maintained at 160.00 billion yen, trailing the estimate of 172.37 billion yen.
- For the third quarter, TDK reported:
- Operating income of 75.79 billion yen, surpassing the forecast of 69.43 billion yen.
- Passive Components operating profit was 12.00 billion yen, underperforming compared to the estimate of 14.46 billion yen.
- Sensor Application Products recorded an operating profit of 2.16 billion yen, below the anticipated 3.68 billion yen.
- Energy Application Products posted a strong operating profit of 73.33 billion yen, exceeding the forecast of 65.8 billion yen.
- Magnetic Application Products achieved an operating profit of 2.27 billion yen, contrary to the expected loss of 2.15 billion yen.
- Net income reached 55.16 billion yen, outperforming the estimate of 50.03 billion yen.
- Net sales amounted to 581.04 billion yen, above the projection of 569.99 billion yen.
- Analyst recommendations for TDK include 17 buys and 5 holds, with no sell ratings.
“`
A look at TDK Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
TDK Corp, a renowned manufacturer of electronics components, is poised for a positive long-term outlook based on its Smartkarma Smart Scores. With a strong score in Growth and Momentum, the company shows promising prospects for expansion and continued market performance. Additionally, TDK scores well in Resilience, indicating its ability to weather economic challenges and maintain stability. While Value and Dividend scores are moderate, the overall outlook for TDK Corp appears optimistic.
TDK Corporation, a global player in the electronics industry, showcases a diverse portfolio of products including magnetic tapes, power supplies, sensors, and semiconductors. With a solid foundation in manufacturing components like ferrite cores and LAN components, TDK’s reach extends worldwide. The company’s Smartkarma Smart Scores highlight its strengths in Growth and Momentum, signaling a bright future ahead for TDK Corp in the ever-evolving electronics market.
Summary: TDK Corporation is a global manufacturer of electronics components such as magnetic tapes and semiconductors, with a wide range of products sold worldwide. The company’s Smartkarma Smart Scores reflect strength in Growth and Momentum, positioning TDK for positive long-term prospects in the industry.
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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