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TDK Corporation (JP:6762)
:6762
Holding JP:6762?
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Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
28.28Last Year’s EPS
34.43Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 30, 2020
|% Change Since: 7.49%
|Next Earnings Date:Jul 30, 2020
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with record operating profits and successful cash flow management, despite challenges in the industrial equipment and automotive markets.Company Guidance
In the call, TDK Corporation provided detailed guidance on their financial performance and projections for the fiscal year ending March 2025. They reported a 2.8% year-on-year increase in net sales for the first half, reaching 1,895.5 billion yen, with operating profit surging 55.8% to a record high due to factors like the yen's depreciation and increased shipments in the ICT market. The company revised its full-year forecast upwards, projecting net sales of 2.12 trillion yen, operating income of 220 billion yen, and net income of 160 billion yen. TDK highlighted a free cash flow forecast increase from 15 billion yen to 120 billion yen for the full year. Segment-wise, passive components sales decreased slightly, whereas sales of sensor application products rose by 10.2%. Energy application products saw a 1.2% sales decline, but operating profit increased by 37.6%. The company also plans to pay dividends and continue efforts to enhance free cash flow and employee engagement.Record Operating Profit Increase
Operating profit reached a record high for the interim period, increasing 55.8% year-on-year, due to significant yen depreciation, increased shipments to the ICT market, and effects of streamlining and structural reforms.
Strong Performance in Magnetic Application Products
Net sales increased 33.6% year-on-year to 110.9 billion yen, with HDD head and suspension business profitability due to a 1.6 fold increase in demand for nearline HDDs for data centers.
Successful Cash Flow Management
Free cash flow significantly exceeded initial forecasts, reaching 105.9 billion yen, supported by a decrease in CapEx and increased profits.
Increased Full Year Earnings Projections
Revised full year consolidated earnings forecast, increasing net sales to 2.12 trillion yen, operating income to 220 billion yen, and net income to 160 billion yen.
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JP:6762 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:6762 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 01, 2024 | ¥1842.50 | ¥1848.00 | +0.30% |
| Jul 30, 2024 | ¥1980.44 | ¥2014.19 | +1.70% |
| Apr 26, 2024 | ¥1432.67 | ¥1451.73 | +1.33% |
| Jan 31, 2024 | ¥1440.49 | ¥1466.30 | +1.79% |
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 TDK Corporation (JP:6762) report earnings?
TDK Corporation (JP:6762) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is TDK Corporation (JP:6762) earnings time?
TDK Corporation (JP:6762) earnings time is at Jan 31, 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 TDK Corporation stock?
The P/E ratio of TDK Corporation is N/A.
What is JP:6762 EPS forecast?
JP:6762 EPS forecast for the fiscal quarter 2025 (Q3) is 28.28.
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