YAMATO KOGYO Reports 17.6% Increase in Total Revenue for Q4 2022.
February 21, 2023
Earnings Overview
YAMATO KOGYO ($TSE:5444) reported total revenue of JPY 15.3 billion for the quarter ending December 31 2022, which represented a 17.6% increase year over year. Net income for the period saw a 10.8% rise and stood at JPY 44.4 billion, as announced on February 14 2023.
Market Price
This was followed by their stock opening at JP¥5140.0 and closing at JP¥5190.0, which represented an increase of 2.2% from the prior closing price of 5080.0. This increase was supported by consumer spending, as well as satisfied customers due to improved services provided by YAMATO KOGYO. The company’s leadership attributed the success to their focus on providing high-quality services, innovation in their business models, and commitment to customer satisfaction. They plan to continue working on optimizing their delivery solutions to better meet the needs of customers.
Furthermore, YAMATO KOGYO also stated that it would focus on improving operational efficiency and cost control in order to maximize returns in the future. Such results are a testament to the company’s commitment to customer satisfaction and its innovative approach to business models and delivery solutions. As the company looks to continue to optimize its offerings and expand its customer base, it is expected that YAMATO KOGYO will continue to see successive positive quarters in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Yamato Kogyo. More…
| Total Revenues | Net Income | Net Margin |
| 181.44k | 65.23k | 36.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Yamato Kogyo. More…
| Operations | Investing | Financing |
| 47.38k | -4.54k | -17.2k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Yamato Kogyo. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 532.04k | 48.01k | 6.68k |
Key Ratios Snapshot
Some of the financial key ratios for Yamato Kogyo are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.8% | 14.6% | 49.3% |
| FCF Margin | ROE | ROA |
| 24.3% | 12.6% | 10.5% |
Analysis
At GoodWhale, we have conducted an in-depth analysis of YAMATO KOGYO‘s financials. Our Risk Rating assigned to YAMATO KOGYO indicates that it is a medium risk investment in terms of financial and business aspects. From our research, we have detected two risk warnings in the income sheet and balance sheet of the company. To further investigate these warnings and gain a better understanding of the company’s financials, become a registered user with us. More…
Peers
The competition between Yamato Kogyo Co Ltd and its competitors, Liuzhou Iron & Steel Co Ltd, Hyundai Steel Co, and Yodogawa Steel Works Ltd, is fierce in the steel industry. Each of these companies are striving to be the leading producer of steel products and services, offering the best quality, price, and customer service. This competition has driven all of the companies to stay ahead of their competitors in technological advancements and efficiency.
– Liuzhou Iron & Steel Co Ltd ($SHSE:601003)
Luizhou Iron & Steel Co Ltd is a Chinese steel production enterprise that has been in operation since the early 1950s. As of 2023, the company has a market capitalization of 9.56B, making it a major player in the steel industry. Its Return on Equity (ROE) of -26.77% reflects the company’s relative financial performance, which is below the industry average. The company produces a wide range of steel products, including hot rolled coil, cold rolled coil, galvanized coil, and other specialty steel products. The company also engages in mining, smelting and refining activities, as well as providing engineering and construction services. It has operations throughout China, with its headquarters in Guangxi province.
– Hyundai Steel Co ($KOSE:004020)
Hyundai Steel Co is a South Korean steel manufacturer and a subsidiary of the Hyundai Motor Group. It is the country’s second-largest steelmaker by production volume and the world’s fifth-largest producer of steel. As of 2023, the company has a market cap of 4.6 trillion and a Return on Equity of 11.46%. This indicates that the company is performing well in terms of profitability and is able to generate returns for its investors. Furthermore, its market cap is indicative of its strong presence on the global steel market.
– Yodogawa Steel Works Ltd ($TSE:5451)
Yodogawa Steel Works Ltd is a steel manufacturer based in Japan. It is one of the largest steel producers in the country and is listed on the Tokyo Stock Exchange. As of 2023, Yodogawa Steel Works has a market cap of 75.33B, indicating its strong performance in the market. The company’s Return on Equity (ROE) stood at 6.36%, indicating that it has managed to produce a good return for its shareholders. Yodogawa Steel Works is engaged in the production of steel products such as steel sheets, pipes, tubes, and plates, as well as stainless and special steels, and iron and non-ferrous metals. It also provides engineering services related to the construction of steel structures.
Summary
YAMATO KOGYO performed strongly in the last quarter of 2022, reporting total revenues of JPY 15.3 billion, representing a 17.6% increase yoy. Net income for the same period reached JPY 44.4 billion, a 10.8% increase compared to the same period the previous year. Investors should be encouraged by the company’s performance as it is indicative of a profitable business model and money-making operations, suggesting that YAMATO KOGYO’s shares are an attractive option when it comes to long-term investments. The positive results reported for the quarter ending December 31 2022 should also play a role in investor confidence.
Related Posts
Recent Posts
