- Toho/Tokyo raised its fiscal year operating income forecast to 62.00 billion yen, slightly above the estimated 61.59 billion yen.
- The company expects net income to reach 40.00 billion yen, which is below the estimate of 42.69 billion yen but up from the previous forecast of 39.00 billion yen.
- Projected net sales are 297.00 billion yen, surpassing the earlier forecast of 280.00 billion yen and slightly above the estimate of 292.29 billion yen.
- The company maintains its dividend forecast at 70.00 yen, though this is lower than the estimated 73.78 yen.
- First half results showed a strong performance with operating income of 40.92 billion yen, marking a 33% year-over-year increase.
- Net income in the first half rose by 22% year-over-year, reaching 26.49 billion yen.
- First half net sales climbed 17% year-over-year to 163.68 billion yen.
- Second quarter operating income of 16.34 billion yen exceeded estimates, showing a 31% year-over-year growth.
- Net income for the second quarter was 10.34 billion yen, a 9.3% increase year-over-year, beating the forecast of 8.45 billion yen.
- Second quarter net sales reached 77.71 billion yen, a 19% rise year-over-year, surpassing the estimate of 69.81 billion yen.
- Analyst ratings include 8 buys, 1 hold, and no sells, indicating a generally positive outlook on the company’s stock.
A look at Toho Co Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores, Toho Co Ltd seems to have a promising long-term outlook. With high scores in Growth and Momentum, the company appears to be positioned for expansion and sustained positive performance in the future. The above-average scores in Resilience and Dividend further indicate a stable and potentially rewarding investment opportunity. While the Value score is not as high, the overall positive outlook in other key areas could make Toho Co Ltd an attractive option for investors looking for growth and stability in the entertainment industry.
TOHO CO., LTD., known for producing and distributing motion pictures, television shows, and videos, as well as managing movie theaters and producing musical shows, has received encouraging Smartkarma Smart Scores. These scores suggest that the company is on a path of growth, backed by strong momentum and resilience. Investors seeking a company with a diversified presence in the entertainment sector may find Toho Co Ltd an appealing choice, considering its solid performance indicators across various key factors like Growth, Dividend, and Resilience.
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
