TOTO LTD. Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, TOTO LTD. stock has a consensus rating of "Buy" and an average price target of ¥7,326. The average 1-year stock price forecast is 9.77% lower than the current stock price, while the lowest is ¥5,430 (-33.12%) and the highest is ¥11,100 (+36.72%).

Price Target: ¥7,326 (-9.77%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥5,430	¥7,326	¥7,000	¥11,100
Change	-33.12%	-9.77%	-13.78%	+36.72%

Analyst Ratings

The average analyst rating for TOTO LTD. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	3	3	3	3	3	3
Buy	1	1	2	2	2	2
Hold	4	4	3	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	0	0
Total	9	9	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Nomura No rating	Nomura	Hold Maintains ¥5,430 → ¥8,180	Hold	Maintains	¥5,430 → ¥8,180	+0.75%	Jul 7, 2026
Sachiko Okada Goldman Sachs	Goldman Sachs	Buy Maintains ¥6,900 → ¥11,100	Buy	Maintains	¥6,900 → ¥11,100	+36.72%	Jul 2, 2026
Unknown Analyst Morgan Stanley No rating	Morgan Stanley	Hold Maintains ¥4,800 → ¥6,100	Hold	Maintains	¥4,800 → ¥6,100	-24.87%	Jun 9, 2026
Unknown Analyst SMBC Nikko No rating	SMBC Nikko	Hold Upgrades ¥7,000	Hold	Upgrades	¥7,000	-13.78%	Jun 4, 2026
Unknown Analyst Mizuho Securities No rating	Mizuho Securities	Buy Maintains ¥7,500 → ¥8,500	Buy	Maintains	¥7,500 → ¥8,500	+4.69%	May 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

781.92B

from 737.44B

6.03%

from 737.44B

Revenue Next Year

814.57B

from 781.92B

4.17%

from 781.92B

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	645.27B	701.19B	702.28B	724.45B	737.44B	781.92B
Revenue Growth	11.08%	8.67%	0.16%	3.16%	1.79%	6.03%
Gross Profit	236.89B	242.97B	239.00B	254.07B	262.58B	277.11B
Gross Margin	36.71%	34.65%	34.03%	35.07%	35.61%	35.44%
Operating Income	52.18B	49.12B	42.77B	48.48B	53.76B	61.60B
Net Income	40.13B	38.94B	37.20B	12.17B	40.26B	47.80B
Dividend / Share	95.00	100.00	100.00	100.00	110.00	120.63
Dividend Growth	-	5.26%	-	-	10.00%	9.66%
Free Cash Flow	17.29B	-18.40B	8.53B	19.23B	44.91B	25.12B
No. Analysts	-	-	-	-	-	9

Financial currency is JPY.

Revenue Forecast

Revenue	2027	2028	2029
High	808.5B
Avg	781.9B
Low	769.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	9.6%
Avg	6.0%
Low	4.4%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2028	2029
High	-
Avg	-
Low	-