JPY 18,500.00 target leaves Resonac stock 18.70 percent below it
Published on 10/17/2026 at 21:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings
- On September 29, 2026, a Buy rating carried a JPY 18,500.00 target for Resonac.
- For January to June 2026, core operating profit reached JPY 88.8 billion, 2.6 times the prior-year level.
- Resonac stock last stood at JPY 15,040.00 at 3:30 p.m. JST on October 16, 2026, up 0.10 percent in Tokyo.
- Resonac's next earnings release is scheduled for November 11, 2026.
On September 29, 2026, a Buy rating was paired with a JPY 18,500.00 target for Resonac Holdings, according to The Globe and Mail. Against the JPY 15,040.00 last price in Tokyo, that target is 18.70 percent higher. Resonac last stood at JPY 15,040.00 at 3:30 p.m. JST on October 16, 2026, up 0.10 percent on the Tokyo Stock Exchange.
First-half profit sets the tone
Resonac's January to June 2026 results give the target a stronger operating backdrop. Core operating profit reached JPY 88.8 billion, 2.6 times the year-earlier level, while revenue came to JPY 676.9 billion, up JPY 34.8 billion year over year, according to Yahoo Finance. The Semiconductor and Electronic Materials segment supplied the main lift, with revenue up 30 percent to JPY 299.0 billion and core operating profit up 92 percent to JPY 81.5 billion.
Price position and range
The Tokyo price sits between a 52-week low of JPY 5,413.00 and a high of JPY 20,495.00. The latest level is 26.62 percent below the high, leaving the range itself as an important measure of how far expectations have moved since the yearly peak. Trading volume was 2,703,200 shares on October 16, 2026, against an average of 2,533,223 shares.
Valuation and dates
Resonac's market capitalization was JPY 2.9 trillion on October 16, 2026, while its price-to-earnings ratio was 51.48. The next earnings release is scheduled for November 11, 2026, according to MarketScreener. The company said its full-year 2026 core operating profit forecast was JPY 196.0 billion after the August results update.
Comparison with peers
Resonac: plus 0.10 percent, price-to-earnings ratio 51.48, market capitalization JPY 2.9 trillion
Shin-Etsu Chemical (Tokyo, JPY): plus 0.25 percent, price-to-earnings ratio 23.33, market capitalization JPY 11.1 trillion
Mitsubishi Chemical Group (Tokyo, JPY): plus 1.97 percent, price-to-earnings ratio minus 38.59, market capitalization JPY 1.6 trillion
Market snapshot
The target and the earnings date give Resonac investors two separate reference points: one valuation marker and one scheduled test of the company's profit plan. The October 16 price change was limited, but the stock remains 18.70 percent below the cited target and 26.62 percent below its 52-week high.
Resonac stock facts
- Company: Resonac Holdings Corporation
- ISIN: JP3368000000
- Ticker: 4004
- Primary exchange: TSE Prime
- Last price Tokyo Stock Exchange (as of October 16, 2026, 3:30 p.m. JST): JPY 15,040.00
- Change on Tokyo Stock Exchange: plus 0.10 percent
- 52-week range: JPY 5,413.00-20,495.00
- Market capitalization: JPY 2.9 trillion (as of October 16, 2026)
- Sector: Commodity chemicals
- Next earnings date: November 11, 2026
Market context: Market report Nikkei 225.
