Analysts raise target for Resona stock to JPY 3,500

Published on 10/07/2026 at 01:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Resona stock, this means JPY 330.0 billion net income guidance. The buyback covers 30,000,000 shares, or 1.30 percent of capital.

Resona, JP3500610005, Illustration mit AI erstellt.

Resona Holdings (ISIN JP3500610005) is facing a higher valuation bar after analysts lifted their target from JPY 3,150.00 to JPY 3,500.00 in an update shared on October 2, 2026. The same update links the change to revised assumptions for fair value, revenue growth, profit margins and the future price-to-earnings multiple.

Target rises with capital returns

Simply Wall St reports that the target moved from JPY 3,150.00 to JPY 3,500.00, a JPY 350.00 increase. The target revision gives the market a concrete valuation reference, while the assumptions behind it remain model-based rather than company guidance.

The capital-return backdrop is also quantified. Resona authorized a program to repurchase up to 30,000,000 shares, equal to 1.30 percent of issued share capital, for as much as JPY 50.0 billion, with the program running through January 31, 2027, according to Simply Wall St.

Guidance points to higher profit

The company now guides for net income attributable to owners of the parent of JPY 330.0 billion in the fiscal year ending March 31, 2027, with net income per common share of JPY 146.97. That guidance compares with net income of JPY 258.7 billion in the fiscal year ended March 31, 2026, according to Resona Holdings.

The prior fiscal year already set a demanding base. Net income attributable to owners of the parent reached JPY 258.7 billion against a previous management target of JPY 170.0 billion, while the new medium-term plan covers fiscal years 2026 through 2028, Resona Holdings says. The comparison matters because the new JPY 330.0 billion target requires another step up from an already elevated profit level.

Stock remains near yearly high

Resona is listed on the Tokyo Stock Exchange Prime Market under ticker 8308, as stated on the company's investor-relations page. The primary-exchange quote was last at JPY 2,610.00 on October 6, 2026 at 3:30 p.m. JST, against a 52-week range of JPY 1,401.50 to JPY 2,618.50 and a market capitalization of JPY 5.9 trillion. The quote therefore stood JPY 8.50 below the yearly high, while the target revision and buyback provide separate valuation and capital-allocation reference points.

At Lang & Schwarz, Resona's prior close was EUR 14.65 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Resona stock.