Home » Business » Rising Stocks: Rengo, Karuta HD, Toyota Motors, UBE, DMG Mori Seiki, Nitto Kogyo, Sumitomo Electric Industries, San-A, Jins Holdings, OMRON – Financial Results and Forecasts

Rising Stocks: Rengo, Karuta HD, Toyota Motors, UBE, DMG Mori Seiki, Nitto Kogyo, Sumitomo Electric Industries, San-A, Jins Holdings, OMRON – Financial Results and Forecasts

Rengo From “Stock Search” multi-functional chart ■Rengo 3941> 1,023 yen +55.2 yen (+5.7%) Today’s closing price
Rengo 3941> is rapidly rising in the second half. The consolidated financial results for the cumulative third quarter (April-December 2013) announced around 1:00 p.m. show sales of 691,742 million yen (up 7.2% from the same period last year) and operating income of 42,748 million yen (same year-on-year increase). 81.0% increase) and net income of 32,981 million yen (88.9% increase year on year), and the company’s year-end dividend forecast was raised from 12 yen to 18 yen (30 yen per year), which was well received. Ta. The effects of price revisions for corrugated paperboard and corrugated products boosted results. The full-year forecast for the fiscal year ending March 2024 is sales of 930 billion yen (9.9% increase from the previous year), operating income of 47 billion yen (81.1% increase from the previous year), and net income of 32 billion yen (5.6 billion yen from the previous year). The previous forecast of 7% increase) remains unchanged.

■Karuta HD<3688>1,576 yen +81 yen (+5.4%) Today’s closing price
 CARTA HOLDINGS<3688>has rebounded significantly. After the close of trading on the 5th, the operating profit was revised upward from 500 million yen to 1,301 million yen (down 46.2% from the previous period) regarding the consolidated results for the fiscal year ending December 2023, which are currently being compiled, which was a positive impression. Ta. Although sales fell slightly from 24.2 billion yen to 24.111 billion yen (down 7.1% year on year), as part of structural reforms aimed at recovering business performance, efforts were made to reduce selling, general and administrative expenses, mainly fixed costs. The initiatives were successful, and operating income exceeded the plan. In addition, due to the recording of impairment losses such as goodwill, the final profit and loss fell from a deficit of 1.6 billion yen to a deficit of 2.36 billion yen (compared to a surplus of 3.035 billion yen in the previous fiscal year).

■Toyota Motors<7203>3,135 yen +143 yen (+4.8%) Today’s closing price
toyota motors<7203>In the latter half of the year, it entered positive territory and rapidly increased. The company announced its financial results at 1:25 p.m. and announced an upward revision to its consolidated earnings forecast for the fiscal year ending March 2024. Operating revenue has increased from the previous forecast of 43 trillion yen to 43.5 trillion yen (up 17.1% year on year), and net income has increased from 3.95 trillion yen to 4.5 trillion yen (up 83.6% year on year). It has been reviewed. There was a view in the market that the net profit would be revised to around 4.2 trillion yen. The assumed exchange rate for this period has been revised to 1 dollar = 143 yen (previously 141 yen). Operating revenue for the cumulative third quarter (April to December 2013) was 34,227,720 million yen (23.9% increase compared to the same period last year), and net income was 3,947,242 million yen (2.1 times the same period of the previous year) )was.

■UBE<4208>2,562.5 yen +93.5 yen (+3.8%) Today’s closing price
 UBE<4208>is high. In the consolidated financial results for the period April to December 2021, which were announced after the close of trading on the 5th, sales were 332,947 million yen, down 9.6% from the same period last year, while the final profit and loss was 2,385 million yen compared to the same period last year. The company rose from a deficit of ¥19,946 million to a surplus of ¥19,946 million. The company has made more than 90% of the progress toward its final profit and loss plan for the full year (a surplus of 21.5 billion yen), and the company was bought in recognition of this. Sales were affected by sluggish sales of nylon polymers and caprolactam in the resin and chemical products segment. Although operating income also decreased due to the decline in sales, the final profit and loss improved significantly due to successful sales price revisions in the cement-related business (equity method affiliate).

■DMG Mori Seiki<6141>3,139 yen +105 yen (+3.5%) Today’s closing price
DMG Mori Seiki<6141>has risen sharply for the third time in a row. It hit a new high since last year. After the close of trading on the 5th, in conjunction with the announcement of the consolidated financial results for the fiscal year ending December 2023, the company disclosed its earnings forecast for the fiscal year ending December 2024. Final profit for this term is expected to be 35 billion yen, an increase of 3.1% from the previous year. In addition to planning a new record high for profits following the previous term, the company is forecasting an annual dividend of 100 yen, an increase of 10 yen from the previous fiscal year, and it seems that there is a growing sense of security in buying the company. Revenue for this fiscal year is expected to increase slightly to 540 billion yen. The service and repair parts division will contribute to sustainable growth, and the provision of solutions with increased added value will boost profits. The assumed exchange rates are 1 dollar = 140 yen and 1 euro = 150 yen. Revenue for the fiscal year ending December 2023 was 539.45 billion yen, an increase of 13.6% from the previous period, and final profit was 33.944 billion yen, an increase of 33.6% from the previous period.

■Nitto Kogyo<6651>4,255 yen +135 yen (+3.3%) Today’s closing price
Nitto Kogyo<6651>has risen seven times in a row. The stock has updated its highest price every day since its listing. After the close of trading on the 5th, in conjunction with the announcement of the consolidated financial results for the cumulative third quarter of the fiscal year ending March 2024 (April to December), the company revised its full-year performance and dividend forecast upward, which seems to have stimulated the stock price. is. The sales forecast for this term has been raised from 156 billion yen to 158 billion yen (7.7% increase from the previous year), and the final profit forecast has been raised from 7.1 billion yen to 7.8 billion yen (42.4% increase from the previous year). Additionally, the annual dividend forecast has been revised to 206 yen, an increase of 18 yen (an increase of 61 yen). In the manufacturing, construction, and service businesses related to electrical and information infrastructure, orders for distribution and distribution boards, mainly high-voltage power receiving equipment, exceeded expectations. Sales for the April-December period increased 11.4% year on year to 116,907 million yen, and final profit increased 75.4% year on year to 6,612 million yen.

■Sumitomo Electric Industries<5802>2,058.5 yen +55.5 yen (+2.8%) Today’s closing price
Sumitomo Electric Industries<5802>has increased for three consecutive days, hitting new highs since last year. After the close of trading on the 5th, the consolidated earnings forecast for the fiscal year ending March 2024 is that sales will increase from 4.3 trillion yen to 4.35 trillion yen (up 8.6% from the previous fiscal year) and operating profit will increase from 200 billion yen. 215 billion yen (up 21.2% year on year), net income has been revised upward from 110 billion yen to 120 billion yen (up 6.5% year on year), and the year-end dividend forecast has been revised upward from 25 yen to 37 yen (up 6.2 billion yen). The upward revision to the Japanese yen) was well received. Due to the recovery in global automobile production due to the easing of shortages in the supply of parts such as semiconductors, demand for wire harnesses, automobile electrical components, anti-vibration rubber, etc. is increasing, and sales in the automobile-related business are trending higher than expected. That’s a factor. In addition, cost reduction effects due to improved productivity will also contribute. The cumulative third quarter financial results (April to December 2013) announced at the same time show sales of 3,221.9 billion yen (10.6% increase compared to the same period last year) and operating income of 148,332 million yen (56.4 billion yen compared to the same period last year). % increase), and net profit was 77,192 million yen (38.9% increase from the previous year).

■San-A<2659>4,540 yen +25 yen (+0.6%) Today’s closing price
San-A<2659>Against the general weakness, the index opened up and continued to rise, and all at once broke above the 5th, 25th, and 75th moving averages, which had been holding down. It is Okinawa’s largest distribution company and operates a wide range of stores, mainly shopping centers and supermarkets. Current business performance has been strong, exceeding the company’s expectations. After the close of trading on the 5th, the company announced revisions to its full-year earnings forecast for the fiscal year ending February 2024, with operating income increasing from the previous plan of 14.14 billion yen to 15.36 billion yen (37% increase from the previous fiscal year). The company is expected to reach a record high profit for the first time in the fiscal year. In addition, on the back of strong business results, shareholder returns have been strengthened, and the annual dividend for this term has been significantly increased from the previously planned 74 yen to 110 yen, and investment capital has flowed in as a result of this.

■Jins Holdings<3046>4,140 yen +15 yen (+0.4%) Today’s closing price
Jins Holdings<3046>is solid. In the monthly sales status (preliminary report) for January announced after the close of trading on the 5th, it was seen as a positive sign that same-store sales increased by 5.4% compared to the same month last year, exceeding the previous year’s results for 12 consecutive months. . Although there was a backlash from the previous year’s collaboration project, we continued to strengthen customer service in stores from the previous month, which led to an increase in the installation rate of optional lenses such as “JINS Muteki Coating,” and “Combination Titanium.” This was mainly due to strong sales of high-priced frame products such as . Furthermore, overall store sales increased 8.1% year on year.

■OMRON<6645>5,547 yen -1,000 yen (-15.3%) Stop low Today’s closing price TSE Prime Top decline rate
omron<6645>is the stop low. After the close of trading on the 5th, the forecast for the consolidated financial results for the fiscal year ending March 2024 was to increase sales from 850 billion yen to 810 billion yen (down 7.5% from the previous fiscal year) and operating profit from 45 billion yen to 24 billion yen ( The downward revision of net profit from 18 billion yen to 1.5 billion yen (98.0% decrease from the previous year) was disliked. In addition to the fact that important capital investment is sluggish and the control equipment business and electronic components business are sluggish as of the third quarter, the forecast also takes into account the fact that these conditions are expected to continue in the fourth quarter. Furthermore, the impact of changes in the business composition ratio, which was a factor in the decline in the gross profit margin as of the third quarter, and the decline in the value-added ratio due to a decline in sales in the control equipment business are expected to continue in the fourth quarter. There is. The cumulative third quarter financial results (April to December 2013) announced at the same time show sales of 607,985 million yen (down 4.7% from the same period last year) and operating income of 26,572 million yen (63.5 billion yen from the same period last year). (down 84.5%), and net profit was 7,849 million yen (down 84.5%).

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2024-02-06 06:15:21
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