Goldman Sachs keeps JPY 10,000.00 target for Yokohama Rubber stock

Published on 10/17/2026 at 19:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half sales rose 10.4 percent to JPY 639.4 billion in 2026. Yokohama Rubber stock closed at EUR 40.20 on October 16, 2026.

Analyst target and company results

Goldman Sachs maintained a JPY 10,000.00 target on September 29, 2026.
First-half 2026 sales reached JPY 639.4 billion, up 10.4 percent year over year.
Yokohama Rubber stock closed at EUR 40.20 on October 16, 2026, 9.05 percent below the 52-week high.
The Tokyo listing traded at a P/E ratio of 8.00 on October 16, 2026.

Yokohama Rubber, JP3955800002, Illustration mit AI erstellt.

Goldman Sachs maintained a Buy rating and a JPY 10,000.00 price target for Yokohama Rubber on September 29, 2026, according to Markets Insider. Against the Tokyo close of JPY 7,221.00 on October 16, 2026, that target stood 38.48 percent higher. Yokohama Rubber's German closing price was EUR 40.20 on October 16, 2026.

First-half sales set the pace

Sales revenue for the first half of fiscal 2026 reached JPY 639.4 billion, an increase of 10.4 percent from the year-earlier period. Business profit rose 54.3 percent to JPY 95.8 billion, while operating profit increased 100.0 percent to JPY 109.7 billion, according to the company's September 2026 investor update at Yokohama Rubber.

The company also raised its fiscal 2026 sales forecast to JPY 1,320.0 billion from JPY 1,300.0 billion. Business profit guidance rose to JPY 192.5 billion from JPY 188.0 billion, giving the target a direct earnings anchor.

Price position and valuation

The Tokyo listing closed at JPY 7,221.00 on October 16, 2026, up 2.80 percent from the prior close of JPY 7,024.00. Its session range was JPY 7,090.00 to JPY 7,240.00, and volume reached 938,300 shares against an average of 1,035,700.

The 52-week Tokyo range was JPY 5,383.00 to JPY 8,291.00 on October 16, 2026. The close was 12.91 percent below the high and 34.08 percent above the low. The stock carried a P/E ratio of 8.00 and a market capitalization of JPY 1.1 trillion.

Comparison with peers

Yokohama Rubber (TSE, JPY): plus 2.80 percent, P/E 8.00, market capitalization JPY 1.1 trillion
Bridgestone (TSE, JPY): plus 0.87 percent, P/E 12.46, market capitalization JPY 5.0 trillion
Toyo Tire (TSE, JPY): plus 2.47 percent, P/E 10.91, market capitalization JPY 651.5 billion

German close and investor dates

Yokohama Rubber's Frankfurt quotation closed at EUR 40.20 on October 16, 2026, with a 52-week range of EUR 30.20 to EUR 44.20. The euro price was 9.05 percent below that high. The company said its YX2029 medium-term plan details will be announced in February 2027.

The next major investor reference is the planned February 2027 presentation of YX2029. The first-half results and the higher fiscal 2026 targets keep earnings execution central to the valuation discussion.

Trading position

Yokohama Rubber closed at EUR 40.20 in Frankfurt on October 16, 2026, while its Tokyo listing finished at JPY 7,221.00. The German quotation remains below its EUR 44.20 52-week high, and the Goldman Sachs target sits above the Tokyo close in local currency.

The further course of trading is shown by the continuously updated real-time quote of Yokohama Rubber stock.