Alps Alpine Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest interim earnings release from Alps Alpine Co., Ltd. (TSE:6770), an important milestone in the company's journey to build a stronger business. It looks like a pretty bad result, all things considered. Although revenues of JP¥490b were in line with analyst predictions, statutory earnings fell badly short, missing estimates by 84% to hit JP¥4.93 per share. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

View our latest analysis for Alps Alpine

Following the recent earnings report, the consensus from 13 analysts covering Alps Alpine is for revenues of JP¥952.7b in 2025. This implies a discernible 2.7% decline in revenue compared to the last 12 months. Earnings are expected to improve, with Alps Alpine forecast to report a statutory profit of JP¥152 per share. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥951.6b and earnings per share (EPS) of JP¥149 in 2025. So the consensus seems to have become somewhat more optimistic on Alps Alpine's earnings potential following these results.

There's been no major changes to the consensus price target of JP¥1,500, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Alps Alpine, with the most bullish analyst valuing it at JP¥1,900 and the most bearish at JP¥1,200 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Alps Alpine shareholders.

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. These estimates imply that revenue is expected to slow, with a forecast annualised decline of 5.4% by the end of 2025. This indicates a significant reduction from annual growth of 5.9% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 7.3% per year. So although its revenues are forecast to shrink, this cloud does not come with a silver lining - Alps Alpine is expected to lag the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Alps Alpine following these results. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Alps Alpine's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Alps Alpine. 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 Alps Alpine going out to 2027, and you can see them free on our platform here..

Plus, you should also learn about the 1 warning sign we've spotted with Alps Alpine .

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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.