Kanadevia completes carbon capture plant as analysts target Kanadevia stock at JPY 1,300
Published on 10/25/2026 at 02:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCarbon capture and results timeline
- Kanadevia completed a demonstration plant on October 21, 2026, designed for 2 tons of waste per day.
- First-quarter revenue reached JPY 141.75 billion versus a JPY 136.70 billion forecast.
- Kanadevia stock closed at EUR 5.78 on October 23, 2026.
- One analyst's average target was JPY 1,300 on October 22, 2026.
- Market capitalization stood at JPY 173.1 billion on October 23, 2026.
Kanadevia (ISIN JP3789000001) completed a carbon-capture demonstration plant on October 21, 2026, while MarketScreener reported a JPY 1,300 average analyst target. The project gives Kanadevia stock a concrete technology milestone ahead of the next results date.
Carbon capture reaches pilot scale
The pilot facility at Kanadevia's Shinagawa waste-incineration plant in Tokyo is designed to process 2 tons of waste per day. The company plans to begin the first demonstration of this technology in November 2026, with the project expected to continue through fiscal year 2030, according to MarketScreener.
Laboratory testing cited in the report produced a carbon dioxide recovery rate above 90 percent and purity above 95 percent. The commercial question is whether the pilot can translate those technical figures into equipment demand across waste-to-energy plants.
What does the next report show?
Kanadevia's first-quarter revenue for the period ended June 30, 2026, was JPY 141.75 billion, compared with a JPY 136.70 billion forecast, according to Investing.com. The same source reported net income of JPY 94.0 million for the quarter, making the November update important for judging how much of the revenue beat reached earnings.
Three dates frame the story
On September 29, 2026, Kanadevia and Nippon Steel Engineering terminated an integration memorandum signed on February 5, 2026, according to MarketScreener. On September 30, 2026, the company said it would release its next medium-term management plan in 2027, and on October 21, 2026, it completed the 2-ton-per-day demonstration plant, as MarketScreener reported.
Results date and valuation
The next earnings release is scheduled for November 4, 2026, according to MarketScreener. Its consensus section listed one analyst, a Hold view and an average target of JPY 1,300, while Kanadevia closed at JPY 1,029 on the Tokyo Stock Exchange on October 23, 2026. The JPY 271 gap makes the upcoming earnings release a test of the target's underlying assumptions.
Stock closes before the next test
Kanadevia stock closed at EUR 5.78 on October 23, 2026, the Xetra close, while the Tokyo Stock Exchange close was JPY 1,029 on the same date. Market capitalization was JPY 173.1 billion and the 52-week range was JPY 909.00 to JPY 1,515.00 on October 23, 2026.
The further course of trading is shown by the continuously updated real-time quote of Kanadevia stock.
Kanadevia stock facts
- Company: Kanadevia Corporation
- ISIN: JP3789000001
- Ticker: 7004.T
- Primary exchange: Tokyo Stock Exchange
- Xetra close (October 23, 2026): EUR 5.78
- Market capitalization: JPY 173.1 billion (as of October 23, 2026)
- 52-week range: JPY 909.00-1,515.00 (as of October 23, 2026)
- Sector / Industry: Industrials / Industrial Machinery and Equipment
Market context: Market report Nikkei 225.
