Musashi Full Year 2024 Earnings: Misses Expectations

Musashi (TSE:7521) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥33.1b (down 11% from FY 2023).
• Net income: JP¥767.0m (down 56% from FY 2023).
• Profit margin: 2.3% (down from 4.8% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥113 (down from JP¥259 in FY 2023).

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

Musashi Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 2.9% 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 share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Musashi, and understanding these should be part of your investment process.

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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.