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THK Co (THKLF)
:THKLF
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.3Last Year’s EPS
0.33Same Quarter Last Year
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2018
|% Change Since: 39.55%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Neutral
The earnings call presents a mixed outlook for THK. While there are notable achievements in areas like the Automotive and Transportation business's profitability and promising growth in the Industrial Machinery sector, as well as sustainability initiatives, the significant declines in sales revenue and operating income, combined with challenges in multiple regions, highlight the company's ongoing struggles.Company Guidance
During the Q2 2024 earnings call, Takashi Teramachi, President and COO of THK, provided an overview of the company's financial performance for the first half of the fiscal year ending December 2024. Consolidated sales revenue declined by 3.1% year-on-year to JPY 179.8 billion, with operating income decreasing by 49% to JPY 8.3 billion. Despite these declines, both metrics exceeded initial targets due to a gradual demand recovery in the Industrial Machinery business and favorable foreign exchange effects. The Automotive and Transportation business saw an improvement in operating income, driven by profitability enhancement efforts, although it faced a JPY 0.8 billion increase in fixed costs and a JPY 0.6 billion decline from the absence of a previous onetime subsidy. Total assets increased by JPY 30.4 billion to JPY 586.7 billion. The company maintained its growth strategy pillars and outlined key initiatives, including a focus on raising ROE and ROIC, expanding the business domain, and reinforcing sustainability and ESG initiatives. THK plans to allocate capital for future growth investments, maintaining a dividend payout ratio of 30%, with potential share buybacks considered when capital is excess.Automotive and Transportation Business Profitability
The Automotive and Transportation business posted an increase in operating income due to efforts aimed at improving profitability, with positive contributions including a volume effect of JPY 0.2 billion, a variable cost ratio effect of JPY 1.2 billion, and an FX impact of JPY 0.5 billion.
Increased Sales in the Americas
Sales in the Americas increased due to the impact of the weaker yen and other factors.
Record Growth in Mobile Robots
SIGNAS, a next-generation transport robot, has been highly acclaimed and won the 2023 JSME Excellent Product Award.
Sustainability and ESG Initiatives
Efforts to become carbon neutral include the installation of new solar power generation equipment, switching to LED lighting, and introducing green electricity at production sites.
Promising Future Growth in Industrial Machinery
Anticipated progress on automation and robotization, and growth for semiconductor and EV-related CapEx are expected to drive future demand in the Industrial Machinery business.
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THKLF 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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THKLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 12, 2024 | $16.94 | $20.21 | +19.30% |
| Aug 07, 2024 | $16.31 | $16.48 | +1.04% |
| May 10, 2024 | $22.19 | $21.76 | -1.94% |
| Feb 14, 2024 | $18.29 | $17.93 | -1.97% |
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 THK Co (THKLF) report earnings?
THK Co (THKLF) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is THK Co (THKLF) earnings time?
THK Co (THKLF) earnings time is at Feb 12, 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 THKLF EPS forecast?
THKLF EPS forecast for the fiscal quarter 2024 (Q4) is 0.3.
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