Earnings Alerts

Toto Ltd (5332) Earnings Analysis: FY Operating Income Forecast Misses Expectations, Despite Strong Quarterly Growth

  • Toto’s forecasted operating income for the financial year is 48.00 billion yen, which is lower than the estimated 51.43 billion yen.
  • The company’s projected net income is 37.50 billion yen, surpassing the estimated 36.38 billion yen.
  • Net sales are expected to reach 750.00 billion yen, exceeding the estimated 727.31 billion yen.
  • Toto forecasts a dividend of 100.00 yen, slightly under the estimated 102.88 yen.
  • For the fourth quarter, the company reported an operating income of 9.86 billion yen, a remarkable increase of 78% year-over-year, but still under the estimated 11.13 billion yen.
  • The net income for the same quarter stood at 10.70 billion yen, which is a staggering increase from 2.67 billion yen year-over-year, and higher than the estimated 9.66 billion yen.
  • Net sales for the quarter amounted to 177.52 billion yen, which represents a modest 2% growth year-over-year, albeit lower than the estimate of 180.04 billion yen.
  • The current market consensus towards Toto’s stocks includes 2 buys, 5 holds, and 2 sells.

A look at Toto Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.8

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

Toto Ltd, a manufacturer of china and earthenware fittings and bathroom accessories, has earned a respectable overall outlook according to the Smartkarma Smart Scores. With a solid score in growth and resilience, the company seems poised for long-term success. Its momentum score of 5 further indicates strong performance and potential for further growth in the future.

Investors may find Toto Ltd appealing based on its consistent dividend score of 3, reflecting stability in returns. Additionally, the company’s value score of 3 suggests that it may be trading at an attractive price relative to its intrinsic value. Overall, Toto Ltd showcases strength in key areas, providing a promising outlook for investors seeking a reliable and potentially thriving investment opportunity 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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