Results: Alps Alpine Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts

Alps Alpine Co., Ltd. (TSE:6770) just released its latest yearly results and things are looking bullish. Alps Alpine beat earnings, with revenues hitting JP¥990b, ahead of expectations, and statutory earnings per share outperforming analyst reckonings by a solid 13%. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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After the latest results, the consensus from Alps Alpine's eleven analysts is for revenues of JP¥926.3b in 2026, which would reflect a small 6.5% decline in revenue compared to the last year of performance. Statutory earnings per share are expected to nosedive 57% to JP¥79.75 in the same period. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥951.5b and earnings per share (EPS) of JP¥100 in 2026. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a pretty serious reduction to earnings per share estimates.

View our latest analysis for Alps Alpine

The analysts made no major changes to their price target of JP¥1,469, suggesting the downgrades are not expected to have a long-term impact on Alps Alpine's valuation. 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. The most optimistic Alps Alpine analyst has a price target of JP¥1,750 per share, while the most pessimistic values it at JP¥1,200. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. We would highlight that revenue is expected to reverse, with a forecast 6.5% annualised decline to the end of 2026. That is a notable change from historical growth of 7.3% 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 6.4% per year. It's pretty clear that Alps Alpine's revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. The consensus price target held steady at JP¥1,469, with the latest estimates not enough to have an impact on their price targets.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for Alps Alpine going out to 2028, and you can see them free on our platform here..

Plus, you should also learn about the 3 warning signs we've spotted with Alps Alpine (including 1 which can't be ignored) .

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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.