SMBC Nikko keeps JPY 2,333 target for NH Foods stock
Published on 10/17/2026 at 22:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- SMBC Nikko maintained a JPY 2,333.00 target on October 15, 2026.
- Fiscal 2027 first-quarter revenue reached JPY 384.95 billion versus JPY 354.14 billion.
- NH Foods stock last traded at JPY 2,074.00 in Tokyo on October 16, 2026, up 0.07 percent.
- NH Foods is scheduled to report its next results on November 2, 2026.
SMBC Nikko maintained a Hold rating and a JPY 2,333.00 price target for NH Foods on October 15, 2026, according to Markets Insider. The target stands 12.49 percent above the Tokyo price of JPY 2,074.00. NH Foods stock last traded at JPY 2,074.00 in Tokyo on October 16, 2026 at 3:30 p.m. JST, up 0.07 percent from JPY 2,072.50.
Revenue growth meets a profit test
NH Foods reported revenue of JPY 384.95 billion in the first quarter of fiscal 2027, up 8.70 percent from JPY 354.14 billion a year earlier. Net profit was JPY 10.77 billion, down from JPY 11.42 billion in the comparable period, according to The Globe and Mail. The combination puts the emphasis on profit conversion rather than sales growth alone.
Stock sits below its yearly high
The Tokyo price was 16.14 percent below NH Foods' 52-week high of JPY 2,473.33 and 12.17 percent above its low of JPY 1,849.00 on October 16, 2026. Trading volume was 1,269,400 shares against an average of 1,744,147, while the price-to-earnings ratio was 17.27.
Valuation and the next date
NH Foods had a market capitalization of JPY 584.5 billion as of October 16, 2026. The next scheduled results date is November 2, 2026, as listed by Yahoo Finance. The date gives investors a defined checkpoint after the first-quarter revenue increase and profit decline.
Comparison with peers
NH Foods: P/E 17.27, market capitalization JPY 584.5 billion
Japan Tobacco (Tokyo Stock Exchange, JPY): minus 0.21 percent, P/E 21.36, market capitalization JPY 13.3 trillion
Nissui Corporation (Tokyo Stock Exchange, JPY): plus 0.91 percent, P/E 11.81, market capitalization JPY 336.0 billion
Tokyo price remains the key marker
NH Foods operates in packaged foods and fresh meat, with its business spanning processed products, dairy and meat distribution. Its fiscal 2027 first-quarter revenue growth contrasts with the lower net profit, while the JPY 2,333.00 target from SMBC Nikko provides a dated valuation reference.
NH Foods stock last traded at JPY 2,074.00 in Tokyo on October 16, 2026 at 3:30 p.m. JST, up 0.07 percent versus the Tokyo prior close of JPY 2,072.50.
NH Foods stock facts
- Company: NH Foods Ltd.
- ISIN: JP3743000006
- Ticker: 2282
- Primary exchange: Tokyo Stock Exchange
- Price Tokyo: JPY 2,074.00 as of October 16, 2026, 3:30 p.m. JST
- Change on Tokyo: plus 0.07 percent versus JPY 2,072.50
- Market capitalization: JPY 584.5 billion as of October 16, 2026
- 52-week range: JPY 1,849.00-2,473.33 as of October 16, 2026
- Sector / Industry: Consumer Defensive / Packaged Foods
- Next earnings date: November 2, 2026
Market context: Market report Nikkei 225.
