Toyo Tire stock falls 1.32 percent below its yearly high

Published on 10/08/2026 at 05:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Toyo Tire stock stood at JPY 3,974 on October 8, 2026, at 11:30 a.m. JST. Second-quarter revenue rose 0.3 percent, while operating profit fell 22.2 percent.

Toyo Tire, JP3610600003, Illustration mit AI erstellt.

Toyo Tire Corporation stock (ISIN JP3610600003) was trading at JPY 3,974 on the Tokyo Stock Exchange on October 8, 2026, at 11:30 a.m. JST, down 1.32 percent from the JPY 4,027 prior close. The move leaves the share below its JPY 4,855 52-week high.

Second-quarter profit comes under pressure

According to Investalk, Toyo Tire reported second-quarter fiscal 2026 revenue of JPY 284.19 billion for the six months ended June 30, 2026, up 0.3 percent from the prior-year period. Operating profit fell 22.2 percent to JPY 37.497 billion, while net income attributable to owners declined 11.7 percent to JPY 29.436 billion.

The split between sales and profit is the central operating signal. Revenue held nearly steady, but the profit contraction points to pressure on margins and makes the second half of fiscal 2026 more important for the company forecast.

Consensus target remains above price

As Yahoo Finance reported on October 6, 2026, a Japanese brokerage kept an Outperform rating and cut its price target from JPY 4,830 to JPY 4,590. The same report put the consensus rating at 3.9 from 10 analysts and the average target at JPY 4,523.

The average consensus target lies 13.8 percent above the JPY 3,974 market price. That gap reflects a positive analyst view, but the target sits alongside a lower operating-profit forecast and a second-quarter profit decline, leaving earnings execution as the main counterweight.

Forecast points to mixed full year

The fiscal 2026 outlook combines higher sales with weaker operating profit. Toyo Tire's forecast calls for revenue of JPY 638.0 billion, up 2.9 percent, operating profit of JPY 90.0 billion, down 4.3 percent, and net income of JPY 62.0 billion, up 14.8 percent, according to Investalk in its summary of the August 7, 2026 second-quarter disclosure.

Stock trades below yearly peak

Toyo Tire stock was trading at JPY 3,974 on October 8, 2026, with a session range of JPY 3,956 to JPY 3,993 and volume of 200,900 shares. Its 52-week range was JPY 3,425 to JPY 4,855, while market capitalization stood at JPY 612.0 billion.