Morgan Stanley keeps Hold on T&D Holdings stock at JPY 5,640.00 target

Morgan Stanley kept a Hold rating on T&D Holdings stock (ISIN JP3539220008) and set a JPY 5,640.00 price target on October 2, 2026, according to Markets Insider. The same report said the company generated quarterly revenue of JPY 382.47 billion and net profit of JPY 30.32 billion.

Profit rises as revenue falls

The reported revenue was 39.08 percent below the prior comparison of JPY 627.87 billion, while net profit increased 317.06 percent from JPY 7.27 billion. Both comparisons refer to the quarter ending March 31 and come from Markets Insider.

Buyback supports capital returns

T&D Holdings completed a share repurchase program totaling JPY 30.00 billion by September 10, 2026. TipRanks reported that the company acquired 6,138,700 shares, equal to 1.28 percent of shares, under the resolution authorized on June 4, 2026. The final tranche covered 639,900 shares for JPY 3.09 billion between September 1 and September 10.

For investors, the figures point to a sharper earnings mix rather than a simple top-line growth story. The profit increase provides the clearest numerical support for the current valuation discussion, while the revenue decline remains an important counterweight.

Tradegate quote remains below target

T&D Holdings was last at EUR 27.00 on Tradegate on October 2, 2026, versus a prior close of EUR 26.20. That represents a plus 3.05 percent move, while the same quote page lists a 52-week range of EUR 17.70 to EUR 29.00. The company is listed on the TSE Prime Market, according to TipRanks.

Price source: substitute price Tradegate, Lang & Schwarz without data set. The further course of trading is shown by the continuously updated real-time quote of T&D Holdings stock.

More news and analyses on T&D Holdings stock