Stock Analysis

Japan Steel Works Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St

May 13, 2024

Japan Steel Works (TSE:5631) Full Year 2024 Results

Key Financial Results

Revenue: JP¥252.5b (up 5.8% from FY 2023).
Net income: JP¥14.3b (up 19% from FY 2023).
Profit margin: 5.7% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue.
EPS: JP¥194 (up from JP¥163 in FY 2023).

earnings-and-revenue-growth — TSE:5631 Earnings and Revenue Growth May 13th 2024

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

Japan Steel Works EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 4.6%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan.

Performance of the Japanese Machinery industry.

The company's shares are up 2.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Japan Steel Works' balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.