- Operating income for Toyo Suisan in 1Q 2024 was 20.27 billion yen, a 54% increase year-over-year (YoY), surpassing the estimated 16.88 billion yen.
- Net income reached 17.63 billion yen, up 60% YoY, beating the estimate of 13.95 billion yen.
- Net sales were 126.70 billion yen, marking a 14% increase YoY, exceeding the estimated 119.87 billion yen.
- Seafood net sales amounted to 8.07 billion yen, a 6.8% rise YoY.
- The Overseas Instant Noodles segment saw net sales of 60.39 billion yen, up 27% YoY.
- Domestic Instant Noodles net sales were 22.26 billion yen, a modest increase of 1.2% YoY.
- Frozen and Refrigerated Foods net sales stood at 15.26 billion yen, a 6.5% growth YoY.
- Processed Foods net sales were 5.05 billion yen, a 12% increase YoY.
- Cold Storage net sales reached 6.15 billion yen, up 3.1% YoY.
- For the 2025 fiscal year, Toyo Suisan forecasts operating income of 72.00 billion yen, slightly below the estimated 73.26 billion yen.
- Net income is projected to be 59.00 billion yen, compared to the estimate of 60.43 billion yen.
- Net sales are expected to be 510.00 billion yen, just below the estimated 511.46 billion yen.
- The company plans to maintain the dividend at 170.00 yen, below the estimate of 176.32 yen.
- Following the news, Toyo Suisan shares increased by 5% to 9,989 yen, with 316,100 shares traded.
- The current analyst ratings include 6 buys, 2 holds, and 0 sells.
- All comparisons to past results are based on the company’s original disclosures.
Toyo Suisan Kaisha on Smartkarma
Analysts on Smartkarma, like Oshadhi Kumarasiri, are closely tracking Toyo Suisan Kaisha, a Japanese instant noodle manufacturer. In a recent research report titled “Toyo Suisan: Activist Advocates For Legacy Divestiture & More Capital for Global Expansion,” Nihon Global Growth Partners urges Toyo Suisan to exit low-return legacy businesses, increase the payout ratio to 40%, and initiate a ¥20bn share buyback. The analysts argue that the company’s focus on legacy ventures with low returns is a concern, pushing for strategic changes to enhance profitability and shareholder value.
This call for action by analysts highlights the growing interest of activist investors in Japan, targeting companies like Toyo Suisan for improved capital allocation and strategic shifts. The research report provides valuable insights into the potential benefits of restructuring Toyo Suisan’s business portfolio, indicating a drive towards maximizing returns and fueling global expansion initiatives. Investors keen on understanding the impact of activist recommendations on Toyo Suisan’s future performance can delve deeper into this comprehensive analysis provided by independent analysts on Smartkarma.
A look at Toyo Suisan Kaisha Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| 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
Investors looking at the long-term outlook for Toyo Suisan Kaisha may find a promising future ahead based on the Smartkarma Smart Scores. With a strong resilience score of 5, the company is well-equipped to weather market downturns and external pressures. Additionally, scoring a 4 in both growth and momentum, Toyo Suisan Kaisha shows potential for expansion and positive stock price performance in the future. While the value and dividend scores of 3 indicate moderate performance in these areas, the overall outlook for the company appears optimistic, especially considering its diverse product portfolio that includes seafood, instant noodles, and frozen food products.
Toyo Suisan Kaisha, Ltd., known for purchasing, processing, and selling seafood, and manufacturing various food products under the Maru-chan brand, seems to have a bright path forward. The company’s balanced Smartkarma Smart Scores suggest a mix of stability and growth opportunities. Combining its established presence in the seafood industry with a focus on innovation and market momentum, Toyo Suisan Kaisha could be a compelling choice for investors seeking long-term potential in the food sector.
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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