A report dated 15 October 2026 said that UBS maintained its Buy rating on Japan Tobacco and set a price target of ¥8,150. The report also included a comparison with the latest Tokyo market price.
UBS maintained its Buy rating on Japan Tobacco and set a price target of ¥8,150. The report was dated 15 October 2026, and the target was described as approximately 8.41% above the latest Tokyo market price.
In the company's second-quarter results for 2026, revenue was ¥198.6 billion, up 17.7% year on year, operating profit was ¥6.620 billion, up more than 28%, and net profit was ¥6.440 billion, up more than 29%. These figures were cited as the basis for the price target.
Frankfurt market prices have recently fluctuated within a narrow range around the equivalent Tokyo price of ¥7,518. Relative to UBS's price target, the share price has remained at a broadly similar level. The EUR-denominated price was fluctuating as of the date of the report by Ron, the analyst.
JT is scheduled to release its next results on 29 October 2026, and the outlook for future performance may affect the outlook for fiscal 2026.