Mabuchi Motor stock: SMBC Nikko raised target for Mabuchi Motor stock from JPY 1,150 to JPY 1,860

Published on 10/24/2026 at 02:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached JPY 56.01 billion against JPY 53.46 billion expected. The October 30, 2026 results date is next for Mabuchi Motor stock.

Target revision and earnings date

SMBC Nikko raised Mabuchi Motor's target from JPY 1,150 to JPY 1,860 on October 13, 2026.
Second-quarter revenue reached JPY 56.01 billion against JPY 53.46 billion expected.
Mabuchi Motor's next earnings report is scheduled for October 30, 2026.

Mabuchi Motor, JP3870000001, Illustration mit AI erstellt.

Mabuchi Motor (ISIN JP3870000001) received a higher target from SMBC Nikko, which lifted its view from JPY 1,150 to JPY 1,860 on October 13, 2026, according to Kabutan. The securities firm kept its middle rating while citing revised estimates after the second-quarter results.

Three events shape the stock

The recent sequence is clear. On August 13, 2026, Mabuchi Motor published consolidated results for the six months ended June 30, 2026, as listed by 6ix. On September 23, 2026, the company reported a treasury-stock purchase involving 1,686,400 shares for JPY 2.88 billion, according to The Globe and Mail. On October 13, 2026, SMBC Nikko raised its target to JPY 1,860 from JPY 1,150, the latest of the three events.

What does the target change mean?

The revised target is 8.29 percent above Mabuchi Motor's JPY 1,717.50 closing price on the Tokyo Stock Exchange on October 23, 2026. The target revision therefore adds a concrete valuation reference ahead of the next earnings report, while the middle rating signals a measured stance rather than an outright upgrade.

SMBC Nikko's cited forecast puts fiscal 2026 operating profit at JPY 26.8 billion, compared with the company's JPY 26.5 billion plan, and fiscal 2027 operating profit at JPY 30.1 billion. The same report identified continuing weakness in China but expected larger orders for medium-sized automotive motors from fiscal 2028, according to Kabutan.

When is the next report?

Mabuchi Motor is scheduled to publish its next earnings report on October 30, 2026, according to TradingView. The latest quarter generated JPY 56.01 billion in revenue against JPY 53.46 billion expected, while earnings per share reached JPY 28.22 compared with JPY 19.07 expected. Those figures give the October report a clear benchmark.

Tokyo listing sets the context

Mabuchi Motor's primary listing is on the Tokyo Stock Exchange under ticker 6592. The company manufactures small electric motors for automotive, consumer-electronics, industrial and medical applications. Its market capitalization was JPY 413.5 billion on October 23, 2026, while the 52-week range was JPY 1,290.75 to JPY 1,907.00.

The stock stood at JPY 1,717.50 on the Tokyo Stock Exchange on October 23, 2026 at 3:30 p.m. JST. The further course of trading is shown by the continuously updated real-time quote of Mabuchi Motor stock.