Results: Zojirushi Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

The yearly results for Zojirushi Corporation (TSE:7965) were released last week, making it a good time to revisit its performance. Revenues were JP¥87b, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of JP¥96.63 were also better than expected, beating analyst predictions by 20%. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Zojirushi after the latest results.

Check out our latest analysis for Zojirushi

Taking into account the latest results, the consensus forecast from Zojirushi's lone analyst is for revenues of JP¥90.1b in 2025. This reflects an okay 3.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to plunge 26% to JP¥73.20 in the same period. Yet prior to the latest earnings, the analyst had been anticipated revenues of JP¥91.0b and earnings per share (EPS) of JP¥74.70 in 2025. The analyst seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

The consensus price target held steady at JP¥1,650, with the analyst seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Zojirushi's past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analyst, with revenue forecast to display 3.3% growth on an annualised basis. That is in line with its 2.9% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 1.3% annually. So although Zojirushi is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at JP¥1,650, with the latest estimates not enough to have an impact on their price target.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Zojirushi , 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.