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Teijin Limited (JP:3401)
:3401
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
―Last Year’s EPS
20.75Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 05, 2018
|% Change Since: -3.03%
|Next Earnings Date:Aug 01, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted a positive turnaround in net income and an improved operating income forecast. However, significant challenges remain in the Materials and Healthcare segments, with operational issues in the Composites and Aramid businesses. The company faces external pressures from strikes and generic competition but is taking steps to improve profitability.Company Guidance
In the earnings call for the third quarter of 2024, company executives Eiji Ogawa and Akimoto Uchikawa provided a detailed analysis of financial performance and strategic initiatives. For the first nine months of the fiscal year, net sales remained steady at JPY 759.6 billion, while operating income fell by JPY 10 billion to JPY 4.9 billion, mainly due to a one-off contract fee. The company's net income turned positive at JPY 3.5 billion, reversing last year's loss. The full-year forecast predicts net sales of JPY 1,030 billion and operating income of JPY 18 billion, which is a 40% increase from the previous year but JPY 17 billion below the earlier forecast. Uchikawa discussed the profitability improvement measures, with a focus on underperforming sectors like Composites and Healthcare, aiming for JPY 19 billion in profit improvements. Despite challenges like the UAW strike and equipment failures in North America, some segments, such as Fibers & Products, showed robust performance with a JPY 1.4 billion increase in operating income to JPY 9.3 billion. The Healthcare business, however, saw a JPY 19.2 billion drop in operating profit, influenced by the entry of a generic competitor to their main drug. The executives also highlighted ongoing efforts to stabilize gas prices and improve productivity, with a strategic focus on addressing low ROE and enhancing shareholder value.Positive Net Income Turnaround
Net income was JPY 3.5 billion, turning black from the previous year's loss.
Improved Operating Income Forecast
Operating income is expected to be JPY 18 billion for the full year, up slightly less than 40% from the previous year.
Fibers & Products Segment Growth
Operating income increased by JPY 1.4 billion from the previous year to JPY 9.3 billion in the Fibers & Products segment.
Insurance Income
The company recorded insurance income from the Aramid business fire of more than JPY 5 billion.
Strong Performance in IT Segment
The IT segment saw a JPY 0.9 billion increase in profit over the previous year, with strong sales in the Internet business field.
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JP:3401 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:3401 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | ¥1371.00 | ¥1419.50 | +3.54% |
| Aug 06, 2024 | ¥1153.19 | ¥1288.31 | +11.72% |
| May 13, 2024 | ¥1550.69 | ¥1468.63 | -5.29% |
| Feb 08, 2024 | ¥1326.18 | ¥1313.06 | -0.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Teijin Limited (JP:3401) report earnings?
Teijin Limited (JP:3401) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Teijin Limited (JP:3401) earnings time?
Teijin Limited (JP:3401) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Teijin Limited stock?
The P/E ratio of Teijin is N/A.
What is JP:3401 EPS forecast?
Currently, no data Available
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