Nomura holds JPY 1,900.00 target for Kobe Steel stock

Published on 10/17/2026 at 19:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Quarterly revenue was JPY 578.35 billion, up 1.60 percent. Kobe Steel stock stood at JPY 2,013.50 on October 16, up 1.33 percent versus the Tokyo prior close.

Numbers behind the market view

Nomura maintained a Hold rating and set a JPY 1,900.00 target on October 14, 2026.
Quarterly revenue reached JPY 578.35 billion for the period ended June 30, 2026.
Kobe Steel stock stood at JPY 2,013.50 on October 16, 2026, up 1.33 percent versus the Tokyo prior close.
Kobe Steel is scheduled to report second-quarter results on November 10, 2026.

Kobe Steel, JP3289800009, Illustration mit AI erstellt.

Nomura maintained a Hold rating on Kobe Steel and set a JPY 1,900.00 price target on October 14, 2026, according to Markets Insider. The target sits 5.64 percent below the JPY 2,013.50 Tokyo price used for the comparison. The last Tokyo price was JPY 2,013.50 on October 16, 2026, up 1.33 percent versus the prior close of JPY 1,987.00.

Quarterly revenue edges higher

Kobe Steel reported quarterly revenue of JPY 578.35 billion for the period ended June 30, 2026, up 1.60 percent from JPY 569.06 billion a year earlier. Net profit was JPY 12.20 billion, down from JPY 38.64 billion in the comparable period, according to Markets Insider. The revenue increase therefore came with a much weaker bottom line, an important counterweight to the higher sales figure.

Trading range leaves room

Kobe Steel's JPY 1,739.50 to JPY 2,379.50 52-week range places the latest price 15.37 percent above the low and 15.38 percent below the high. Trading volume reached 1,501,000 shares on October 16, 2026, compared with an average of 1,942,498 shares. The latest session therefore finished below average turnover while remaining inside the established annual range.

Valuation and November results

The stock carried a price-to-earnings ratio of 11.80 and a dividend yield of 0.04 percent on October 16, 2026. Market capitalization was JPY 796.2 billion on the same date. Kobe Steel's investor-relations calendar lists November 10, 2026, for fiscal 2026 second-quarter results, scheduled for 1:00 p.m. JST, according to Kobe Steel.

Comparison with peers

Kobe Steel (Tokyo Stock Exchange, JPY): plus 1.33 percent, price-to-earnings ratio 11.80, market capitalization JPY 796.2 billion.
Nippon Steel (Tokyo Stock Exchange, JPY): plus 0.39 percent, price-to-earnings ratio 12.03, market capitalization JPY 3.4 trillion.
JFE Holdings (Tokyo Stock Exchange, JPY): plus 2.04 percent, price-to-earnings ratio 12.13, market capitalization JPY 1.1 trillion.

Price position for German investors

For German investors, the Tokyo listing provides the clearest dated market reference for the weekend report. Kobe Steel's latest price remained below Nomura's target while its annual range and valuation stood close to the levels shown above.