Taiheiyo Cement, JP3449020001

Taiheiyo Cement stock absorbs Tokuyama cement business

Published on 10/05/2026 at 20:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Taiheiyo Cement stock was last at JPY 4,118 on October 5, 2026, as the Tokuyama cement transfer reached completion. Six analysts set a JPY 4,676.7 average target.

Taiheiyo Cement, JP3449020001, Illustration mit AI erstellt.

Taiheiyo Cement stock (ISIN JP3449020001) was last at JPY 4,118 on the Tokyo Stock Exchange on October 5, 2026, up 0.44 percent, with 542,300 shares traded. The company now has a fresh domestic expansion angle after Tokuyama completed the transfer of its cement sales business and related subsidiaries to Taiheiyo Cement on October 1, 2026, according to Japan IR.

Tokuyama transfer changes the scale

The completed transaction covers Tokuyama's domestic sales business for cement and solidification materials, along with the shares of Tokuyama Tsusho and Tokuyama M-Tech. Taiheiyo Cement will sell the transferred products externally, while Tokuyama continues manufacturing cement at its Nanyo plant under an OEM arrangement, Corporate Visit reported in September 2026.

The deal gives investors a concrete integration milestone, but the operating effect will be measured through future margins rather than the closing announcement itself. That distinction matters because Taiheiyo Cement's fiscal 2026 operating profit was JPY 74.620 billion, down 4.03 percent from JPY 77.750 billion in fiscal 2025.

Revenue stays near JPY 900 billion

Taiheiyo Cement reported fiscal-year revenue of JPY 898.441 billion for the year ended March 31, 2026, compared with JPY 896.295 billion in fiscal 2025, while net income was JPY 25.401 billion, according to Investing.com. Revenue therefore increased by 0.24 percent, while operating profit moved in the opposite direction, highlighting the pressure on profitability.

The stock's market value was JPY 459.6 billion on October 5, 2026. Its JPY 3,265 to JPY 4,968 52-week range places the last price 17.11 percent below the yearly high, leaving the integration story dependent on earnings conversion.

Analysts see room above JPY 4,118

The consensus rating is Buy from six analysts, with three Buy ratings, two Holds and one Sell. The average 12-month target is JPY 4,676.7, with a high of JPY 5,100 and a low of JPY 3,700, according to Investing.com.

That average target lies 13.57 percent above the October 5 price. The spread from JPY 3,700 to JPY 5,100 also shows that the consensus contains a wide range of views on the earnings impact from cement demand and integration.

Next results date is November 5

Taiheiyo Cement stock was last at JPY 4,118 on the Tokyo Stock Exchange on October 5, 2026 at 3:30 p.m. JST, with a day range of JPY 4,070 to JPY 4,125. The next earnings report is scheduled for November 5, 2026, according to TradingView.