October 6 target cut to JPY 4,590 leaves Toyo Tire stock 7.84 percent below it

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

2026 profit consensus fell to JPY 92.46 billion on October 14, 2026. Toyo Tire stock stood at JPY 4,230 on October 16, 2026, up 2.47 percent on TSE.

Targets and trading figures

A Japanese brokerage lowered its Toyo Tire target to JPY 4,590 on October 6, 2026.
Fiscal 2026 operating-profit consensus stood at JPY 92.46 billion on October 14, 2026.
Toyo Tire stock last stood at JPY 4,230 at 3:30 p.m. JST on October 16, 2026, up 2.47 percent versus the TSE prior close of October 15, 2026.
Toyo Tire had a P/E ratio of 10.91 and a market capitalization of JPY 651.5 billion as of October 16, 2026.

Toyo Tire, JP3610600003, Illustration mit AI erstellt.

On October 6, 2026, a Japanese mid-sized brokerage kept an Outperform rating on Toyo Tire and cut its target from JPY 4,830 to JPY 4,590, according to Yahoo Finance. The target lies 8.51 percent above the latest TSE price of JPY 4,230. Toyo Tire stock last stood at JPY 4,230 on October 16, 2026 at 3:30 p.m. JST, up 2.47 percent versus the TSE prior close of October 15, 2026.

Consensus profit points lower

Fiscal 2026 operating-profit consensus fell 0.9 percent from JPY 93.34 billion to JPY 92.46 billion on October 14, 2026. The company forecast stood at JPY 87.00 billion, leaving the consensus JPY 5.46 billion above management's forecast, according to Yahoo Finance. That spread gives the analyst estimate a clear numerical counterpoint to the company's own outlook.

Trading range and volume

Toyo Tire's October 16 session reached JPY 4,248 and touched JPY 4,164, with volume of 1,025,000 shares. Average volume was 1,381,859 shares, so the session turnover was 25.82 percent below that average. The stock's 52-week range was JPY 3,425 to JPY 4,855, placing the latest price 12.87 percent below the high and 23.50 percent above the low.

Valuation and November date

Toyo Tire had a market capitalization of JPY 651.5 billion and a P/E ratio of 10.91 as of October 16, 2026. The next earnings report is listed for November 16, 2026 by TradingView.

Comparison with peers

Toyo Tire (TSE, JPY): plus 2.47 percent, P/E 10.91, market capitalization JPY 651.5 billion.

Bridgestone (TSE, JPY): plus 0.87 percent, P/E 12.46, market capitalization JPY 4.98 trillion.

Yokohama Rubber (TSE, JPY): plus 2.80 percent, P/E 8.00, market capitalization JPY 1.14 trillion.

The next scheduled date

The October 16 session leaves the stock 12.87 percent below its yearly high, while the October 6 target remains 7.84 percent above the latest price. The November 16, 2026 earnings date is the next dated event in the trading calendar.