Results: OBIC Co.,Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates

Shareholders might have noticed that OBIC Co.,Ltd. (TSE:4684) filed its first-quarter result this time last week. The early response was not positive, with shares down 2.6% to JP¥5,406 in the past week. The result was positive overall - although revenues of JP¥32b were in line with what the analysts predicted, OBICLtd surprised by delivering a statutory profit of JP¥44.36 per share, modestly greater than expected. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the most recent consensus for OBICLtd from nine analysts is for revenues of JP¥133.7b in 2026. If met, it would imply a satisfactory 7.1% increase on its revenue over the past 12 months. Per-share earnings are expected to accumulate 6.6% to JP¥163. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥133.4b and earnings per share (EPS) of JP¥161 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 OBICLtd

The analysts reconfirmed their price target of JP¥5,414, showing that the business is executing well and in line with expectations. 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. There are some variant perceptions on OBICLtd, with the most bullish analyst valuing it at JP¥6,200 and the most bearish at JP¥4,800 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 9.5% growth on an annualised basis. That is in line with its 9.2% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.5% per year. So although OBICLtd is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. 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¥5,414, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on OBICLtd. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for OBICLtd going out to 2028, and you can see them free on our platform here..

You can also see our analysis of OBICLtd's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.