Aica Kogyo stock gets a JPY 5,200 price target
Published on 10/04/2026 at 21:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Aica Kogyo stock was last at JPY 4,188 on the Tokyo Stock Exchange on October 2, 2026, down 0.62 percent from the previous close. The central valuation signal is a higher analyst target, with the latest company figures providing the operating backdrop.
Morgan Stanley raises its target
MINKABU reported that Morgan Stanley MUFG Securities raised its target for Aica Kogyo from JPY 4,050 to JPY 5,200 on September 24, 2026, while retaining its Overweight rating. The brokerage also lifted its fiscal year 2027 operating-profit forecast from JPY 31.0 billion to JPY 36.0 billion, compared with the company forecast of JPY 34.8 billion.
The revision was tied to chemical-product margins and earnings contributions from Stylam Industries, an Indian building-materials producer, according to MINKABU's September 25, 2026 report. That target is 24.17 percent above the October 2 price, a wider gap than the broader analyst average.
Quarterly profit rises
Investing.com reported Q1/2026 revenue of JPY 71.379 billion, net income of JPY 4.727 billion and earnings per share of JPY 74.7. Revenue increased from JPY 65.525 billion in the previous quarter, while net income rose from JPY 3.142 billion.
The figures matter because they show operating progress alongside the target revision. Aica Kogyo's finance data show operating income of JPY 9.162 billion in Q1/2026, compared with JPY 7.065 billion in Q4/2025, while the company continues to operate across chemical products and building materials.
Consensus stays above the market
Investing.com lists a Strong Buy consensus from 3 analysts, with an average 12-month target of JPY 4,966.7, a high of JPY 5,200 and a low of JPY 4,700. The average target stands 18.59 percent above the October 2 price, giving investors a clear distinction between the consensus view and the daily market move.
Aica Kogyo's October 2 market capitalization was JPY 265.0 billion, with 213,400 shares traded. The stock's 52-week range was JPY 3,340 to JPY 4,380, placing the latest price 4.38 percent below the yearly high.
Stock remains below yearly high
Aica Kogyo stock was last at JPY 4,188 on October 2, 2026 at 3:30 p.m. JST, with the Tokyo session showing a 0.62 percent daily decline. The combination of Q1/2026 earnings growth and the JPY 5,200 target keeps margins and forecast delivery central to the investment case.
Aica Kogyo stock facts
- Company: Aica Kogyo Company, Limited
- Ticker: 4206
- Trading venue: Tokyo Stock Exchange
- Price (as of October 2, 2026, 3:30 p.m. JST): JPY 4,188
- Market capitalization: JPY 265.0 billion (as of October 2, 2026)
- 52-week range: JPY 3,340-4,380 (as of October 2, 2026)
- Sector / Industry: Basic Materials / Chemicals
- Index membership: TOPIX Mid400
