Nitori stock: Nitori plans recycling plant while target reaches JPY 3,500

Published on 10/24/2026 at 01:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter revenue fell 2.30 percent to JPY 226.26 billion. November 12, 2026 is the next date for Nitori stock.

Retail growth and capital plans

Nitori planned a furniture recycling plant in October 2026, while a target rose to JPY 3,500.
First-quarter revenue fell 2.30 percent to JPY 226.26 billion in fiscal 2027.
Nitori stock stood at JPY 3,359 on October 23, 2026, after a 1.21 percent daily gain.
The next earnings release is scheduled for November 12, 2026.

Nitori, JP3756100008, Illustration mit AI erstellt.

Nitori (JP3756100008) planned a furniture recycling plant while a target for Nitori stock reached JPY 3,500. The October 4, 2026 plant announcement and the October 2, 2026 target increase put operations and valuation side by side for investors.

Why the target moved

According to Monex, a major U.S. securities firm kept a bullish rating on October 2, 2026 and lifted its target from JPY 3,200 to JPY 3,500. That is a 9.38 percent increase. The source also reported a consensus target of JPY 3,227 based on nine analysts as of October 1, 2026.

The recycling project adds a concrete operating angle. MarketScreener reported on October 4, 2026 that Nitori planned one of Japan's largest furniture recycling plants. The project links the retailer's furniture model with a longer-term materials strategy.

What does the target change mean?

The higher target contrasts with softer latest reported sales. MarketScreener reported that revenue in the first quarter of fiscal 2027 fell 2.30 percent year over year to JPY 226.26 billion. Operating profit declined 1.10 percent to JPY 36.50 billion, while net income attributable to shareholders fell 1.50 percent to JPY 25.80 billion.

Three dated developments

On August 7, 2026, Nitori reported first-quarter revenue of JPY 226.26 billion through its Nitori investor-relations page. On October 2, 2026, the target rose from JPY 3,200 to JPY 3,500. On October 4, 2026, the recycling plant plan was reported.

Next reporting date

The next scheduled earnings release is November 12, 2026, according to MarketScreener. That date will give investors a fresh test of whether margin protection can offset the first-quarter sales decline.

Tokyo valuation context

Nitori stock stood at JPY 3,359 at the Tokyo Stock Exchange on October 23, 2026 at 3:30 p.m. JST, up 1.21 percent from the prior session. The same market snapshot places the 52-week range at JPY 2,216.50 to JPY 3,493.00 and market capitalization at JPY 1.9 trillion.

Nitori's next report will put the recycling strategy beside measurable retail execution. Revenue growth and operating profit remain the key figures for judging whether the higher target can hold.