SBI cuts target for Dowa Holdings stock to JPY 9,800
Published on 10/13/2026 at 03:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- SBI cut its Dowa Holdings target from JPY 9,900 to JPY 9,800 on October 8, 2026, while keeping a Neutral rating.
- Dowa's fiscal 2027 first-quarter revenue rose 58.20 percent year over year to JPY 253.40 billion.
- The last Lang & Schwarz quote was EUR 47.60 on October 12, 2026, while the Tokyo quote was JPY 8,409 on October 13.
- Dowa plans 113,543 tonnes of zinc production in the second half of fiscal 2026, up 27.00 percent from its first-half plan.
- The next results date is November 11, 2026, and the next ex-dividend date is March 30, 2027.
Dowa Holdings stock was last quoted at EUR 47.60 at Lang & Schwarz on October 12, 2026 at 10:59 p.m. CEST. On October 8, 2026, SBI Securities cut its target from JPY 9,900 to JPY 9,800 while keeping a Neutral rating, according to Yahoo Finance.
Three dated operating signals
On August 7, 2026, Dowa reported fiscal 2027 first-quarter revenue of JPY 253.40 billion, up 58.20 percent year over year. Operating profit reached JPY 24.75 billion, an increase of 281.00 percent, while net income rose 266.40 percent to JPY 23.45 billion, according to Investalk.
On October 5, 2026, Dowa's second-half fiscal 2026 zinc production plan was set at 113,543 tonnes, up 27.00 percent from the first-half plan of 89,373 tonnes. Shanghai Metals Market reported that the plan could support indium recovery, although output depends on feed grades and recovery rates.
What does the target cut signal?
The target change puts commodity sensitivity at the center of the debate. SBI cited a pause in silver and platinum-group-metal prices, making the JPY 9,800 target a more cautious reference than the prior JPY 9,900 level, according to Yahoo Finance. The operating figures point in the opposite direction: first-quarter revenue and operating profit both expanded sharply, but the comparison period benefited from stronger metal prices and favorable market conditions.
Next dates and market setting
Dowa is scheduled to report its fiscal 2027 second-quarter results on November 11, 2026, according to InvestPane. The same calendar lists March 30, 2027 as the next ex-dividend date, giving investors two dated reference points after the October target revision.
Dowa's Tokyo Stock Exchange quote was JPY 8,409 at 9:50 a.m. JST on October 13, 2026. Market capitalization stood at JPY 497.4 billion, while the 52-week range was JPY 5,334 to JPY 12,380, placing the quote below the yearly high by JPY 3,971.
Price stays below the yearly high
The last available euro quote at Lang & Schwarz was EUR 47.60 on October 12, 2026 at 10:59 p.m. CEST. The Tokyo Stock Exchange quote was JPY 8,409 on October 13, 2026 at 9:50 a.m. JST, so the two values are separate venue and currency references. Dowa operates across environmental management and recycling, nonferrous metals, electronic materials, metal processing and heat treatment, and is listed in the Nikkei 225.
The further course of trading is shown by the continuously updated real-time quote of Dowa Holdings stock.
Dowa Holdings stock facts
- Company: Dowa Holdings Co., Ltd.
- ISIN: JP3638600001
- Ticker: 5714
- Primary exchange: Tokyo Stock Exchange
- Price Lang & Schwarz as of October 12, 2026, 10:59 p.m. CEST: EUR 47.60
- Market capitalization: JPY 497.4 billion (as of October 13, 2026)
- 52-week range: JPY 5,334.00-12,380.00 (as of October 13, 2026)
- Sector / Industry: Basic Materials / Other Industrial Metals and Mining
- Index membership: Nikkei 225
- Next earnings date: November 11, 2026
Market context: Market report Nikkei 225.
