MISUMI Group Inc. (TSE:9962) Yearly Results: Here's What Analysts Are Forecasting For This Year

Shareholders might have noticed that MISUMI Group Inc. (TSE:9962) filed its yearly result this time last week. The early response was not positive, with shares down 3.4% to JP¥1,846 in the past week. It was a credible result overall, with revenues of JP¥402b and statutory earnings per share of JP¥132 both in line with analyst estimates, showing that MISUMI Group is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Following the latest results, MISUMI Group's seven analysts are now forecasting revenues of JP¥411.6b in 2026. This would be a reasonable 2.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to shrink 3.8% to JP¥128 in the same period. Before this earnings report, the analysts had been forecasting revenues of JP¥409.8b and earnings per share (EPS) of JP¥135 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.

Check out our latest analysis for MISUMI Group

The consensus price target held steady at JP¥2,921, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values MISUMI Group at JP¥3,750 per share, while the most bearish prices it at JP¥1,900. This is a fairly broad spread of estimates, suggesting that analysts are forecasting a wide range of possible outcomes for the business.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that MISUMI Group's revenue growth is expected to slow, with the forecast 2.4% annualised growth rate until the end of 2026 being well below the historical 5.2% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 4.3% annually. Factoring in the forecast slowdown in growth, it seems obvious that MISUMI Group is also expected to grow slower than other industry participants.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for MISUMI Group. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at JP¥2,921, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for MISUMI Group going out to 2028, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for MISUMI Group you should be aware of.

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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.