- Tokyo Gas has increased its forecast for fiscal year net income to 134 billion yen, up from the previous estimate of 131 billion yen. Analysts had estimated 129.4 billion yen.
- The company’s forecast for operating income stands at 159 billion yen, which is lower than the analyst estimate of 172.75 billion yen.
- Net sales are projected to be 2.75 trillion yen, aligning with analyst estimates.
- The expected dividend has been reduced to 80 yen, while analysts anticipated a dividend of 95 yen.
- In the fourth quarter, Tokyo Gas reported an operating income of 60.14 billion yen, marking a 4.7% increase year-over-year, exceeding the estimate of 48.05 billion yen.
- Fourth-quarter net income reached 37.60 billion yen, which is a 31% decline year-over-year, slightly below the estimate of 37.7 billion yen.
- Net sales for the fourth quarter totaled 793.09 billion yen, representing a 4.1% increase year-over-year, though falling short of the 883.5 billion yen estimate.
- Among analysts, Tokyo Gas stock currently has 2 buy ratings, 3 hold ratings, and no sell ratings.
A look at Tokyo Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| 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
According to Smartkarma’s Smart Scores, Tokyo Gas holds a positive long-term outlook driven by strong growth prospects and momentum. With a high growth score of 5, the company is poised for significant expansion in the future through its production and supply of liquefied natural gas in the Tokyo region. Additionally, Tokyo Gas scores well on momentum, indicating a favorable trend in its operations and market performance.
While the company scores lower on dividend and resilience factors, with scores of 2, Tokyo Gas‘s overall outlook remains optimistic. The company’s focus on value, with a score of 4, further enhances its attractiveness to investors looking for promising opportunities in the energy sector. Tokyo Gas‘s diverse operations, including power generation and gas supply equipment management, position it as a key player in the industry for long-term growth and sustainability.
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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