UBS keeps JPY 5,830 target for Workman stock

Published on 10/25/2026 at 01:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nomura cut its target from JPY 8,100 to JPY 5,700 on October 7, 2026. For Workman stock, September sales reached 126.0 percent of last year.

Targets and operating figures

UBS maintained a JPY 5,830 target for Workman on October 23, 2026.
Workman reported quarterly revenue of JPY 51.81 billion for the quarter ended June 30, 2026.
Workman had a market capitalization of JPY 423.6 billion as of October 23, 2026.

Workman, JP3990100004, Illustration mit AI erstellt.

Workman (ISIN JP3990100004) retained a JPY 5,830 analyst target on October 23, 2026, when UBS maintained its Hold rating, according to The Globe and Mail. The latest analyst view follows strong monthly sales and a sharp reset in Nomura's valuation.

Sales reached 126.0 percent

Japan IR reported on October 1, 2026, that Workman's September total-store sales reached 126.0 percent of the prior year's level, while same-store sales reached 120.7 percent. The company added 7 stores, refurbished 7 stores and ended the month with 1,111 locations.

The sales update linked the performance to rain-related products and new recovery wear. For investors, the key issue is whether the monthly strength feeds through to earnings rather than remaining a single-month effect.

What does the earnings base show?

For the quarter ended June 30, 2026, Workman reported revenue of JPY 51.81 billion and net profit of JPY 7.79 billion, according to The Globe and Mail. The comparable figures were JPY 41.56 billion and JPY 5.82 billion, respectively, showing a revenue increase of 24.66 percent and a net profit increase of 33.85 percent.

Three valuation dates to track

On October 1, 2026, Workman reported September total-store sales at 126.0 percent of the prior year's level. On October 7, 2026, Nomura downgraded the stock to Hold and cut its target from JPY 8,100 to JPY 5,700, as reported by Markets Insider. On October 23, 2026, UBS maintained Hold with a JPY 5,830 target.

Upcoming reporting date

Workman's second-quarter results are scheduled for November 9, 2026, according to a published company calendar reference. The next ex-dividend date listed for the stock is March 30, 2027, according to Barrons.

Tokyo price remains the market anchor

Workman was last at JPY 5,190.00 on the Tokyo Stock Exchange on October 23, 2026 at 3:30 p.m. JST. Its market capitalization was JPY 423.6 billion on that date, while the October 16, 2026 52-week range was JPY 5,060.00 to JPY 8,330.00.

The further course of trading is shown by the continuously updated real-time quote of Workman stock.