- Operating income for Toho/Tokyo in 1Q 2024 was 24.58 billion yen, a 34% increase year-over-year (y/y) and above the estimate of 19.02 billion yen.
- Cinema operating profit reached 20.10 billion yen, up by 53% y/y, surpassing the estimate of 14.27 billion yen.
- Theatrical operating profit decreased by 17% y/y to 1.01 billion yen, slightly below the estimate of 1.08 billion yen.
- Real Estate operating profit was 4.74 billion yen, down by 8.2% y/y, missing the estimate of 4.91 billion yen.
- Net income for 1Q 2024 came in at 16.15 billion yen, 31% higher y/y, and above the estimated 12.1 billion yen.
- Net sales were reported as 85.98 billion yen, an increase of 16% y/y, and higher than the estimate of 81.21 billion yen.
- The 2025 forecast remains unchanged with expectations of operating income at 55.00 billion yen versus an estimate of 58.44 billion yen.
- For 2025, net income is still expected to be 39.00 billion yen compared to the estimate of 41.4 billion yen.
- Projected net sales for 2025 are steady at 280.00 billion yen, slightly below the estimate of 284.66 billion yen.
- The anticipated dividend for 2025 remains at 70.00 yen, close to the estimate of 71.38 yen.
- Analyst recommendations include 8 buys, 1 hold, and 0 sells.
A look at Toho Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| 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
TOHO CO., LTD. is positioned for a promising long-term outlook supported by above-average scores in key aspects. With a strong emphasis on growth and resilience, the company’s future looks promising. Its focus on producing and distributing motion pictures, along with its diverse revenue streams from character merchandise and foreign film distribution, provides a solid foundation for sustained growth.
Furthermore, Toho Co Ltd‘s commitment to maintaining a balance between value and dividends, along with a respectable momentum score, indicates a well-rounded approach to investor returns and company performance. Overall, Toho Co Ltd‘s strategic position in the entertainment industry and solid performance across various Smartkarma Smart Scores suggest a positive trajectory for the company in the long term.
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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