RHB extends Tokio Marine talks: JPY 700 target for Tokio Marine stock

Published on 10/22/2026 at 12:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tokio Marine stock costs EUR 3.22 on October 22, 2026. For the quarter ended June 30, 2026, IFRS net income rose 3.3 percent to JPY 264.3 billion.

Insurance talks and earnings

RHB Bank received approval on October 22, 2026, to extend negotiations until February 11, 2027.
For the quarter ended June 30, 2026, net income attributable to owners rose 3.3 percent to JPY 264.3 billion.
Tokio Marine stock trades at EUR 3.22 at 12:17 p.m. CEST at Lang & Schwarz on October 22, 2026.
A European securities firm kept a Buy rating and set a JPY 700 target on October 7, 2026.

Tokio Marine, JP3910660004, Illustration mit AI erstellt.

Tokio Marine Holdings (ISIN JP3910660004) was trading at EUR 3.22 at Lang & Schwarz on October 22, 2026 at 12:17 p.m. CEST. The Star reported on October 22, 2026, that Bank Negara Malaysia approved an extension for RHB Bank and Tokio Marine Asia to continue negotiations until February 11, 2027.

Malaysia talks gain time

The proposed transaction covers RHB Bank's disposal of up to 100 percent of RHB Insurance and its integration with Tokio Marine Insurans Malaysia. RHB Bank would retain up to a 35 percent interest in the enlarged insurance entity, while due diligence and negotiations on commercial terms continue, according to The Star.

What does the quarter mean?

The latest reported quarter also provides a measurable earnings backdrop. In the three months ended June 30, 2026, insurance revenue rose 12.3 percent to JPY 2,047.1 billion, while net income attributable to owners increased 3.3 percent to JPY 264.3 billion, according to Tokio Marine Holdings. Adjusted net income declined 3.6 percent to JPY 261.4 billion, showing that statutory profit growth and the group's management measure moved in different directions.

Three dates shape the story

On August 12, 2026, Tokio Marine reported first-quarter insurance revenue of JPY 2,047.1 billion. On October 7, 2026, a European securities firm maintained a Buy rating and set a JPY 700 target, as Monex reported. On October 22, 2026, RHB Bank received the regulatory extension for the Tokio Marine negotiations.

Dates and valuation

The next reported results are scheduled for November 19, 2026, according to Barron's. The February 11, 2027, deadline gives the Malaysia transaction a defined near-term milestone. Tokio Marine's primary listing is in Tokyo, where the finance quote showed JPY 571.10 at 3:30 p.m. JST on October 22, 2026, with a JPY 353.33 to JPY 577.80 52-week range and market capitalization of JPY 16.3 trillion.

Stock price and next milestone

The euro quote places the German-market reference at EUR 3.22, while investors await evidence that the Malaysia talks can produce a completed transaction and that adjusted earnings can recover. The further course of trading is shown by the continuously updated real-time quote of Tokio Marine stock.