Japanese companies Okuma and Japan Post Bank see price target increases

Okuma and Japan Post Bank have both received upward revisions to their stock price targets following strong quarterly financial results.

Okuma, a machine builder, reported revenue of 51.90 billion JPY and a net profit of 4.98 billion JPY for the first quarter of the 2026/27 fiscal year. The company's operating result reached 4.40 billion JPY, representing a 175.10% increase over the previous year. A US bank raised Okuma's price target from 4,700 to 5,300 JPY, supported by a significant order intake of 75.26 billion JPY.

Japan Post Bank reported a net profit of 177.6 billion JPY for the first quarter of 2027, a 69% increase compared to the same period in 2026. Revenue for the quarter rose 30% year-on-year to 569.2 billion JPY. Following these results, analysts at Simply Wall St raised the price target for the bank from 4,340 to 4,500 JPY.