Japanese companies see stock price target increases

Several Japanese companies have seen adjustments to their stock price targets and financial outlooks following recent earnings reports and model adjustments.

Tokai-Tokyo Securities reaffirmed a buy recommendation for GS Yuasa, setting a price target of 7,320 yen. The company reported a 7.50 percent increase in revenue for the first quarter of fiscal year 2027, reaching 141.70 billion yen, alongside rising operating margins.

Nitori Holdings received a higher price target of 3,500 yen, up from 3,200 yen, while maintaining a buy rating. Despite the upgrade, the company reported a slight decrease in revenue and net profit for the second quarter of 2026.

Resona Holdings saw its target price raised from 3,150 to 3,500 yen following model adjustments. The company's first-quarter earnings per share of 35.79 yen exceeded forecasts.

Recruit Holdings experienced a significant target price increase from 12,000 to 23,300 yen by a US broker. The company reported an 18.90 percent increase in revenue for the first quarter of fiscal year 2027 and is currently engaged in a share buyback program.