Toyoda Gosei, JP3634200004

Toyoda Gosei wins India subsidy: Nomura keeps JPY 1,200 target for Toyoda Gosei stock

Published on 10/25/2026 at 01:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

India project uses robotic bumper painting and digital delivery. For Toyoda Gosei stock, first-quarter revenue was JPY 303.9 billion before October 29 results.

India expansion and earnings calendar

Toyoda Gosei received support for its India production project on October 8, 2026.
First-quarter fiscal 2027 revenue reached JPY 303.9 billion on July 31, 2026.
Toyoda Gosei is scheduled to report second-quarter fiscal 2027 results on October 29, 2026.

Toyoda Gosei, JP3634200004, Illustration mit AI erstellt.

Toyoda Gosei (ISIN JP3634200004) won Japanese government support for an India project involving robotic bumper painting and digital delivery, according to Automotive World on October 8, 2026. The announcement gives Toyoda Gosei stock a concrete operating theme ahead of the company's next results.

Three steps in India expansion

On July 31, 2026, Toyoda Gosei reported first-quarter fiscal 2027 revenue of JPY 303.896 billion and net income of JPY 18.077 billion, figures carried by Investing.com. On September 24, 2026, the company announced a JPY 9.3 billion investment in a new Maharashtra plant, as reported by MarkLines. On October 8, 2026, the India bumper-painting and just-in-sequence project received funding support, according to MarketScreener.

What does the project change?

The immediate financial marker is the JPY 9.3 billion plant commitment. The subsidy-backed process is designed to improve paint efficiency and synchronize bumper deliveries with vehicle assembly, while the Maharashtra facility broadens Toyoda Gosei's manufacturing footprint in India.

Analyst expectations provide a second reference point. Investing.com listed Nomura's maintained target at JPY 1,200.00 on October 8, 2026. Five analysts forecast September-quarter revenue of JPY 306.74 billion, compared with JPY 275.23 billion in the prior-year period.

Dates for the next checkpoints

Toyoda Gosei's investor-relations calendar schedules the second-quarter fiscal 2027 results briefing for October 29, 2026, while Simply Wall St lists November 26, 2026 as the payment date for the JPY 85.00 dividend.

Tokyo valuation remains the market reference

Toyoda Gosei closed at JPY 989.90 on the Tokyo Stock Exchange on October 23, 2026. Its market capitalization was JPY 626.1 billion and its 52-week range was JPY 680.00 to JPY 1,144.00, both as of October 23, 2026.