Sompo reports buyback progress as Morgan Stanley cuts Sompo stock target

Published on 10/07/2026 at 04:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sompo repurchased 1,463,900 shares for JPY 9.98 billion in September. Sompo stock reached 6,919,700 cumulative shares.

Sompo, JP3165000005, Illustration mit AI erstellt.

Sompo Holdings (JP3165000005) reported that its September buyback covered 1,463,900 shares worth JPY 9.98 billion, while Morgan Stanley cut its target from JPY 8,670.00 to JPY 8,460.00 and kept a Buy rating. The two developments put capital returns and valuation on the same page for Sompo stock.

Buyback reaches JPY 45.99 billion

According to The Globe and Mail on October 6, 2026, Sompo had cumulatively repurchased 6,919,700 shares for JPY 45.99 billion by September 30. The authorization allows purchases of up to 17 million shares, equal to 1.90 percent of outstanding stock, for as much as JPY 69.00 billion through November 18, 2026.

The company lists the October 5 progress announcement on its investor-relations page, which also identifies the next second-quarter results announcement as planned for mid-November. The remaining authorization therefore equals 10,080,300 shares and JPY 23.01 billion based on the reported cumulative figures.

Quarterly earnings add support

Markets Insider reported on October 2, 2026 that Sompo's quarter ending June 30 produced revenue of JPY 1.88 trillion and net profit of JPY 181.17 billion. Revenue rose from JPY 1.46 trillion a year earlier, a 28.82 percent increase, while net profit increased from JPY 118.59 billion, a 52.77 percent gain.

The earnings comparison gives the buyback a stronger operating backdrop, although Morgan Stanley's target move from JPY 8,670.00 to JPY 8,460.00 shows that a positive earnings base has not removed valuation caution.

Tokyo listing sets market context

Sompo trades as 8630.T on the Tokyo Stock Exchange under ISIN JP3165000005, according to Global Banking and Finance. The finance quote for October 7, 2026 showed JPY 6,615, down 0.56 percent from JPY 6,652, with a 52-week range of JPY 4,477 to JPY 7,413 and market capitalization of JPY 5.9 trillion.

The prior close was EUR 37.40 at Lang & Schwarz on October 5, 2026. For German-market readers, the key distinction is that this is the prior close rather than a live October 7 indication, while the Tokyo quote supplies the latest primary-market context.

The further course of trading is shown by the continuously updated real-time quote of Sompo stock.