- Tokyo Century’s operating income for the first quarter of 2024 was 34.46 billion yen.
- This marks a 22% increase compared to the same period last year, which had an operating income of 28.25 billion yen.
- Net income for the first quarter reached 23.01 billion yen, showing a 26% increase year over year.
- Net sales for the first quarter were 334.27 billion yen, a slight increase of 1.6% year over year.
- The company maintains its forecast for the 2025 fiscal year, anticipating net income of 80 billion yen, close to the estimate of 80.78 billion yen.
- The dividend forecast for 2025 remains at 58.00 yen per share, slightly above the estimate of 57.50 yen per share.
- Analyst recommendations currently include 3 buys, 1 hold, and 0 sells.
A look at Tokyo Century Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| 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
Tokyo Century Corporation presents a promising long-term outlook as indicated by its Smartkarma Smart Scores. Across various factors crucial for company analysis, Tokyo Century Corp has earned solid ratings, with impressive scores in Value, Dividend, and Growth. These strong scores signify positive indicators for the company’s financial health, growth potential, and ability to provide attractive returns to investors.
While Tokyo Century Corp shines in key areas, such as Value, Dividend, and Growth, the company faces challenges in terms of Resilience and Momentum. Despite these lower scores, Tokyo Century Corp‘s overall outlook remains optimistic, supported by its strong performance in crucial aspects of business operations. Investors may find Tokyo Century Corporation an appealing option for long-term investment considering its robust fundamentals and potential for sustained growth in the future.
**Summary: **
Tokyo Century Corporation provides businesses with lease financing for their equipment needs, such as information/communication equipment and machinery.
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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