Daikin Industries,Ltd. (TSE:6367) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Daikin Industries,Ltd. (TSE:6367) just released its latest interim results and things are looking bullish. The company beat expectations with revenues of JP¥2.5t arriving 2.1% ahead of forecasts. Statutory earnings per share (EPS) were JP¥271, 3.6% ahead of estimates. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the current consensus from Daikin IndustriesLtd's 17 analysts is for revenues of JP¥4.87t in 2026. This would reflect a credible 2.7% increase on its revenue over the past 12 months. Per-share earnings are expected to increase 2.1% to JP¥955. Before this earnings report, the analysts had been forecasting revenues of JP¥4.85t and earnings per share (EPS) of JP¥939 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for Daikin IndustriesLtd

The analysts reconfirmed their price target of JP¥20,168, showing that the business is executing well and in line with expectations. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Daikin IndustriesLtd analyst has a price target of JP¥23,500 per share, while the most pessimistic values it at JP¥16,000. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Daikin IndustriesLtd's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Daikin IndustriesLtd's revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 5.5% growth on an annualised basis. This is compared to a historical growth rate of 14% over the past five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 3.8% per year. Even after the forecast slowdown in growth, it seems obvious that Daikin IndustriesLtd is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Daikin IndustriesLtd going out to 2028, and you can see them free on our platform here.

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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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.