Kirin stock falls 2.33 percent as Jamieson deal clears court hurdle

Published on 10/07/2026 at 04:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Kirin stock was at JPY 2,746.50 on October 7, 2026, while its 52-week range runs from JPY 2,122 to JPY 3,161. First-half operating profit rose 87.8 percent.

Kirin, JP3258000003, Illustration mit AI erstellt.

Kirin stock (ISIN JP3258000003) was trading at JPY 2,746.50 on the Tokyo Stock Exchange on October 7, 2026, at 10:51 a.m. JST, down 2.33 percent from the prior close of JPY 2,812. The move comes as Kirin advances its planned acquisition of Canadian health-products company Jamieson Wellness.

Court approval advances Jamieson deal

According to Newswire on October 5, 2026, the Ontario Superior Court of Justice issued a final order approving the arrangement under which Kirin will acquire all outstanding Jamieson shares for C$45.75 per share in cash.

The same release states that completion is expected in Q4 2026, subject to regulatory clearances and customary closing conditions. The transaction gives Kirin a larger health-science platform in North America, but the remaining approvals keep execution as the immediate counter-factor for investors.

Half-year profit jumps 87.8 percent

Kirin's first-half 2026 revenue reached JPY 1.22 trillion, up 7.2 percent from the same period a year earlier, while operating profit rose 87.8 percent to JPY 129.0 billion. Net profit increased 92.5 percent to JPY 101.7 billion.

Those figures cover the six months ended June 30, 2026, and were published with the company's half-year disclosure on August 7, 2026, according to ETF Shopping. The operating-profit increase is materially faster than revenue growth, making earnings conversion the key financial feature behind Kirin's acquisition strategy.

Consensus target sits above price

Investing.com lists a Buy consensus from 15 analysts, with an average 12-month price target of JPY 2,961.10, a high target of JPY 3,867.00 and a low target of JPY 2,550.00. The average target is JPY 214.60 above Kirin's October 7 price, equivalent to 7.8 percent.

Kirin's 52-week range is JPY 2,122 to JPY 3,161, putting the current quote below the yearly high while the acquisition and health-science expansion remain central to the investment case.

Kirin stock trades lower today

Kirin stock was last at JPY 2,746.50 on the Tokyo Stock Exchange on October 7, 2026, with a market capitalization of JPY 2.2 trillion and volume of 1,853,300 shares.