HAKUTO Reports Third Quarter Earnings for 2023 Fiscal Year, Ending February 9, 2023.

Earnings Overview

The results of HAKUTO ($TSE:7433)’s earnings for the third quarter of the fiscal year ending February 9, 2023 were reported on December 31, 2022. Total revenue for the quarter was JPY 2.3 billion, indicating a 66.4% increase from the same quarter of the previous fiscal year, while net income was JPY 60.3 billion, a 25.5% increase from the same quarter of the prior year.

Share Price

At the start of the day, HAKUTO stock opened at JP¥4565.0 before closing at JP¥4585.0. This represented a slight decrease of 0.6% from the prior closing price of JP¥4615.0. Despite the minor dip, financial analysts remain optimistic about HAKUTO’s long-term prospects. The third quarter earnings report showcased a number of impressive numbers, with several key indicators showing significant improvement over the previous year.

Overall, HAKUTO’s third quarter report demonstrated a level of financial stability seldom seen in the market today. While there have been minor dips in their stock price over time, analysts remain confident that the company will continue to enjoy success in the quarters ahead. As such, investors are advised to maintain a long-term outlook, as the company’s fundamentals remain robust. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Hakuto. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Hakuto. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Hakuto. More…

Key Ratios Snapshot

Some of the financial key ratios for Hakuto are shown below. More…

Analysis

We at GoodWhale have conducted an in-depth analysis of HAKUTO‘s wellbeing, and we have found that there is a high risk associated with investing in this company. Our Risk Rating suggests that from a financial and business standpoint, HAKUTO presents a high risk investment. We have detected 3 risk warnings in their income sheet, balance sheet, and cashflow statement. We encourage potential investors to register on goodwhale.com and review these warnings in order to make an informed decision about their investments. More…

Peers

All four companies have been in the electronics industry for many years and have carved out their own niche in the market.

– Tamura Corp ($TSE:6768)

Tamura Corp is a diversified global company that specializes in the production and sale of electronic components and semiconductors. Its market cap of 61.86B as of 2023 signifies its financial strength and market position, making it one of the leading companies in its industry. Its Return on Equity of 3.1% indicates that it has been able to generate a healthy profit margin from its investments, while also maintaining a strong financial position. Tamura Corp has been able to maintain its impressive market cap and ROE by focusing on innovation and consistently providing customers with the highest quality products and services.

– Yageo Corp ($TWSE:2327)

Yageo Corporation is a global leader in providing passive components, such as resistors and capacitors, to the electronics industry. The company has a market cap of 188.98B as of 2023 and has a respectable Return on Equity of 16.64%. This indicates that Yageo is able to generate a substantial amount of profit from its investments into the industry. The company continues to be a driving force in the electronics industry, thanks to its expansive portfolio of products and consistent performance.

– Taiwan Chinsan Electronic Industrial Co Ltd ($TPEX:8042)

Taiwan Chinsan Electronic Industrial Co Ltd is a technology company that specializes in the production of high-end electronic components. With a market cap of 4.62B as of 2023, the company has a large presence in the electronics market. The company also has a healthy return on equity of 4.82%, indicating that it is creating value for its shareholders while managing its assets efficiently.

Summary

HAKUTO has achieved strong growth in the third quarter of its fiscal year 2023, with total revenue increasing 66.4% and net income 25.5% compared to the same quarter the previous year. Investors have been pleased with the company’s performance and this is likely to drive up the stock price in the near future. With an eye on the long-term, it is also worth noting that HAKUTO has a proven track record of delivering consistent quarter-over-quarter financial performance. Investors looking for a safe investment in a tech company could look to HAKUTO as an attractive option.