Tokai Rika Full Year 2024 Earnings: EPS Misses Expectations

Tokai Rika (TSE:6995) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥623.6b (up 13% from FY 2023).
• Net income: JP¥24.9b (up 128% from FY 2023).
• Profit margin: 4.0% (up from 2.0% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: JP¥277 (up from JP¥119 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Tokai Rika EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Auto Components industry in Japan.

Performance of the Japanese Auto Components industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Tokai Rika has 1 warning sign we think you should be aware of.

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