Toyo Ink stock gains 1.39 percent as profits accelerate

Published on 10/05/2026 at 18:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Toyo Ink stock was last at JPY 5,090 on October 5, 2026, while first-half revenue rose 12.4 percent to JPY 189.653 billion. Operating profit increased 34.1 percent to JPY 12.573 billion, but the analyst consensus stayed Neutral with a JPY 4,833 target.

Toyo Ink, JP3606600009, Illustration mit AI erstellt.

Toyo Ink stock (ISIN JP3606600009) was last at JPY 5,090 on the Tokyo Stock Exchange on October 5, 2026 at 3:30 p.m. JST, up 1.39 percent from the previous session. The company now operates as artience, and its first-half results put revenue and operating profit firmly at the center of the investor debate.

Revenue rises 12.4 percent

For the six months ended June 30, 2026, artience generated revenue of JPY 189.653 billion, up 12.4 percent from JPY 168.732 billion in the comparable period. Minkabu reported that all business segments posted higher revenue and profit, with overseas liquid inks and UV inks among the stronger contributors.

The operating result improved even faster. According to Smart Stock Notes, operating profit climbed 34.1 percent to JPY 12.573 billion from JPY 9.373 billion, lifting the operating margin from 5.6 percent to 6.6 percent.

Packaging leads the segments

Packaging revenue increased 18.1 percent to JPY 52.035 billion, while segment operating profit rose 44.7 percent to JPY 3.595 billion. Polymer and coating revenue grew 13.7 percent to JPY 49.856 billion, and its operating profit advanced 25.2 percent to JPY 4.589 billion, according to Smart Stock Notes.

The earnings quality deserves attention because first-half net income included JPY 5.072 billion from the sale of investment securities. Operating cash flow was JPY 4.511 billion, down from JPY 9.644 billion a year earlier, as receivables and inventories absorbed cash.

Analyst target stays below price

The market valuation is more demanding than the published analyst view. Minkabu showed a Neutral consensus from two analysts on September 30, 2026, with an average price target of JPY 4,833. The target is 5.04 percent below the JPY 5,090 market price.

Tokai Tokyo Intelligence Lab kept its Neutral rating but raised the target from JPY 4,400 to JPY 5,300, as reported by Yahoo Finance Japan on September 24, 2026. The contrast leaves execution, raw-material costs and cash conversion as the key checks for the second half.

Toyo Ink stock near yearly high

Toyo Ink stock was last at JPY 5,090 on October 5, 2026, with a 52-week range of JPY 3,015 to JPY 5,220 and volume of 90,900 shares. Its market capitalization was JPY 238.6 billion on the same date, placing the price 2.49 percent below the 52-week high.