MISUMI Group (TSE:9962) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥367.6b (down 1.5% from FY 2023).
- Net income: JP¥28.2b (down 18% from FY 2023).
- Profit margin: 7.7% (down from 9.2% in FY 2023).
- EPS: JP¥99.76 (down from JP¥121 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
MISUMI Group EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%.
Looking ahead, revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan.
Performance of the Japanese Machinery industry.
The company's shares are up 3.3% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of MISUMI Group's balance sheet and an in-depth analysis of the company's financial position.
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
About TSE:9962
MISUMI Group
Engages in the factory automation and die components businesses worldwide.
Flawless balance sheet average dividend payer.
