Matsukiyo stock: European broker cuts target for Matsukiyo stock to JPY 2,870

Published on 10/24/2026 at 00:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Matsukiyo stock posts first-quarter revenue of JPY 289.35 billion, up 5.7 percent. Operating profit rose 8.5 percent to JPY 21.49 billion.

Earnings and valuation markers

A European broker kept its Buy rating and cut the target from JPY 2,980 to JPY 2,870 on October 15, 2026.
First-quarter revenue rose 5.7 percent to JPY 289.35 billion, while operating profit increased 8.5 percent.
MatsukiyoCocokara had a market capitalization of JPY 1.0 trillion as of October 23, 2026.

Matsukiyo, JP3869010003, Illustration mit AI erstellt.

MatsukiyoCocokara & Co. (ISIN JP3869010003) received a lower JPY 2,870 target from a European broker on October 15, 2026, down from JPY 2,980 while the Buy rating was maintained, according to Yahoo Finance. The company enters the next reporting cycle with first-quarter revenue of JPY 289.35 billion and operating profit of JPY 21.49 billion.

Target cut meets stronger earnings

The target reduction contrasts with the latest operating trend. In the first quarter of the fiscal year ending March 2027, revenue increased 5.7 percent from JPY 273.64 billion, while operating profit rose 8.5 percent from JPY 19.81 billion, according to note.com. Net income attributable to owners of the parent increased 14.9 percent to JPY 14.87 billion in the same period.

Three events shape the picture

On May 14, 2026, MatsukiyoCocokara acquired 4,617,700 treasury shares for JPY 10.75 billion. On August 10, 2026, it reported first-quarter revenue of JPY 289.35 billion and net income of JPY 14.87 billion. On October 15, 2026, the European broker kept its Buy rating and cut the target from JPY 2,980 to JPY 2,870, as reported by Yahoo Finance.

What comes next for margins?

The first-quarter figures show profit growing faster than sales, but the next test is whether that spread survives the rest of the fiscal year. The company forecast full-year revenue of JPY 1.155 trillion and operating profit of JPY 87.50 billion for the fiscal year ending March 2027, according to note.com. The forecast implies operating profit growth of 3.0 percent, slower than the first-quarter increase.

Next results date is set

MatsukiyoCocokara is scheduled to report second-quarter results on November 13, 2026. The date gives investors a defined checkpoint for revenue growth, operating profit and customer trends after the first-quarter performance.

Market value remains measurable

The last available Tokyo Stock Exchange quotation stood at JPY 2,624.00 on October 23, 2026 at 3:30 p.m. JST. The same market view placed the 52-week range at JPY 2,171.50 to JPY 3,026.00 and market capitalization at JPY 1.0 trillion on that date.