Morgan Stanley keeps Sell on NH Foods stock at JPY 1,900.00
Published on 10/13/2026 at 07:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Morgan Stanley maintained a Sell rating on NH Foods with a JPY 1,900.00 price target on October 3, 2026.
- NH Foods reported JPY 384.95 billion revenue and JPY 10.77 billion net profit for the quarter ended June 30, 2026.
- Tokyo-listed NH Foods had a JPY 576.3 billion market capitalization and a JPY 1,849.00 to JPY 2,473.33 52-week range as of October 13, 2026.
- The next earnings report is scheduled for November 2, 2026.
NH Foods (ISIN JP3743000006) reported JPY 384.95 billion in revenue for the quarter ended June 30, 2026, up from JPY 354.14 billion a year earlier. The Globe and Mail reported on October 3, 2026, that Morgan Stanley maintained a Sell rating and a JPY 1,900.00 price target.
Q1 growth came with lower profit
NH Foods posted JPY 10.77 billion in net profit for the first quarter of fiscal 2027, compared with JPY 11.42 billion in the same quarter of the previous fiscal year. Revenue therefore increased 8.70 percent year over year, while profit declined 5.69 percent on the figures reported by The Globe and Mail.
Yahoo Finance showed GAAP earnings per share of JPY 114.46 for the first quarter of fiscal 2027, below the JPY 115.46 estimate. Its revenue estimate for the quarter ending September 2026 was JPY 389.37 billion.
Three reported milestones
On May 8, 2026, the company listed its fiscal 2026 results in its NH Foods investor-relations calendar, while T-Online lists fiscal 2026 revenue of JPY 1.457 trillion and net profit of JPY 35.066 billion. On June 30, 2026, the first quarter closed with revenue of JPY 384.95 billion and net profit of JPY 10.77 billion. On October 3, 2026, Morgan Stanley kept its Sell rating and JPY 1,900.00 target.
What does the target mean?
The JPY 1,900.00 target is below the Tokyo quote of JPY 2,045.00 available at 1:43 p.m. JST on October 13, 2026. That gap puts the analyst view below the market quote, while the next reporting date gives investors a defined checkpoint for the September 2026 quarter.
Next reporting date is November 2
TradingView identifies November 2, 2026, as the next NH Foods earnings date. The company operates in meat, processed foods and sports and entertainment, so the September quarter should show whether revenue growth is translating into improved profit.
Stock quote remains dated
The last available Lang & Schwarz quote stood at EUR 11.50 on October 12, 2026 at 10:57 p.m. CEST. NH Foods had a JPY 576.3 billion market capitalization and a JPY 1,849.00 to JPY 2,473.33 52-week range on October 13, 2026.
The further course of trading is shown by the continuously updated real-time quote of NH Foods stock.
NH Foods stock facts
- Company: NH Foods Ltd.
- ISIN: JP3743000006
- WKN: 853946
- Ticker: 2282
- Primary exchange: Tokyo Stock Exchange
- Last Lang & Schwarz price as of October 12, 2026 at 10:57 p.m. CEST: EUR 11.50
- Market capitalization: JPY 576.3 billion as of October 13, 2026
- 52-week range: JPY 1,849.00-2,473.33 as of October 13, 2026
- Sector / Industry: Consumer Defensive / Packaged Foods
- Index membership: Nikkei 225
- Next earnings date: November 2, 2026
Market context: Market report Nikkei 225.
