Japanese broker cuts target for Toyo Tire stock to JPY 4,590

Published on 10/07/2026 at 01:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half revenue reached JPY 284.19 billion, up 0.28 percent year over year. Toyo Tire stock had a EUR 22.20 prior close on October 5, 2026.

Toyo Tire, JP3610600003, Illustration mit AI erstellt.

Toyo Tire (ISIN JP3610600003) had a prior close of EUR 22.20 at Lang & Schwarz on October 5, 2026. A Japanese broker maintained a bullish rating and cut its target to JPY 4,590, as reported by Yahoo Finance on October 6, 2026.

Target cut meets weaker profit

The target revision gives investors a clear counterpoint to Toyo Tire's latest operating picture. The company generated JPY 284.19 billion in first-half 2026 revenue, compared with JPY 283.41 billion a year earlier, a 0.28 percent increase, according to Sina Finance on September 18, 2026.

Profit moved in the opposite direction. First-half operating profit fell to JPY 37.50 billion from JPY 48.18 billion, a 22.20 percent decline, while net income attributable to owners dropped to JPY 29.44 billion from JPY 33.33 billion, down 11.70 percent, Sina Finance reported.

Consensus stays above company forecast

The earnings outlook also separates sales growth from profit momentum. On October 6, 2026, the consensus forecast for fiscal 2026 ordinary profit was JPY 93.34 billion, down 0.28 percent from the prior estimate of JPY 93.60 billion but above Toyo Tire's JPY 87.00 billion company forecast, according to Yahoo Finance.

The gap between consensus and company guidance is JPY 6.34 billion, or 7.29 percent of the company forecast. That difference leaves the analyst target cut tied more closely to earnings execution than to a change in Toyo Tire's sales trajectory.

Stock remains below yearly high

Toyo Tire trades on the Tokyo Stock Exchange Prime Market under ticker 5105. The primary-market quote was JPY 3,969 on October 6, 2026 at 3:30 p.m. JST, with a JPY 3,425 to JPY 4,855 52-week range and market capitalization of JPY 611.2 billion.

The primary-market price stood 18.25 percent below the 52-week high, calculated against JPY 4,855. The company therefore combines a softer earnings profile with a valuation reference that remains materially below its yearly peak.

The euro reference for German investors

The completed Lang & Schwarz reference for German investors is the prior close of EUR 22.20 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Toyo Tire stock.