SMBC Nikko lifts Mabuchi Motor stock target to JPY 1,860

Published on 10/15/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 profit is forecast at JPY 26.8 billion on October 13, 2026. Mabuchi Motor stock costs EUR 9.88 on October 15, 2026, down 2.29 percent in Tokyo.

Analyst view and market levels

SMBC Nikko lifted its Mabuchi Motor target from JPY 1,150 to JPY 1,860 on October 13, 2026.
Fiscal 2026 operating profit was forecast at JPY 26.8 billion against a JPY 26.5 billion company plan.
Mabuchi Motor stock costs EUR 9.88 at Lang & Schwarz on October 15, 2026 at 11:11 p.m. CEST, down 2.29 percent on the Tokyo Stock Exchange.
The company traded at a valuation multiple of 8.49 on October 15, 2026.

Mabuchi Motor, JP3870000001, Illustration mit AI erstellt.

Mabuchi Motor (ISIN JP3870000001) received a higher target from SMBC Nikko Securities, which raised its target from JPY 1,150 to JPY 1,860 in a note dated October 13, 2026. The new target stood 6.16 percent above the Tokyo Stock Exchange price of JPY 1,752 on October 15, 2026. Mabuchi Motor stock was trading at EUR 9.88 at Lang & Schwarz on October 15, 2026 at 11:11 p.m. CEST, down 2.29 percent on the Tokyo Stock Exchange.

SMBC Nikko raises its target

According to Kabutan, SMBC Nikko kept its middle rating while lifting the target after reviewing Mabuchi Motor's second-quarter results and earnings outlook. The target change gives investors a concrete benchmark against the latest Japanese share price.

The same Kabutan report said SMBC Nikko forecast consolidated operating profit of JPY 26.8 billion for fiscal 2026, compared with the company's JPY 26.5 billion plan. It projected JPY 30.1 billion for fiscal 2027, while also citing continuing weakness in China and expected order growth for medium-sized automotive motors from fiscal 2028.

Trading volume adds a market signal

Mabuchi Motor's Tokyo trading volume reached 1,596,100 shares on October 15, 2026, above its 1,254,920-share average, a difference of 27.18 percent. The same-day Japanese quote showed a year-high of JPY 1,907 and a year-low of JPY 1,265, leaving the latest price 8.13 percent below the high and 38.42 percent above the low.

Valuation and peers

The company had a market capitalization of JPY 421.9 billion, a P/E ratio of 8.49 and a dividend yield of 0.04 percent on October 15, 2026. These figures place the stock's valuation beside other Japanese motor and component manufacturers rather than turning the target into a recommendation.

Comparison with peers

Mabuchi Motor (TSE, JPY): minus 2.29 percent, P/E 8.49, market capitalization JPY 421.9 billion.
Nidec Corporation (TSE, JPY): minus 6.24 percent, P/E minus 4.11, market capitalization JPY 2.1 trillion.
MinebeaMitsumi (TSE, JPY): minus 7.98 percent, P/E 11.93, market capitalization JPY 1.3 trillion.

Price position for investors

The euro quotation places Mabuchi Motor below the latest Frankfurt indication of EUR 9.95 from October 9, 2026, while the Japanese listing provides the dated session comparison used for the daily move. The combination of a higher analyst target, a fiscal 2026 profit forecast and a valuation multiple of 8.49 gives the stock three separate reference points.

Mabuchi Motor was trading at EUR 9.88 at Lang & Schwarz on October 15, 2026 at 11:11 p.m. CEST, down 2.29 percent on the Tokyo Stock Exchange. The further course of trading is shown by the continuously updated real-time quote of Mabuchi Motor stock.