TYO:8984 Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, TYO:8984 stock has a consensus rating of "Hold" and an average price target of ¥146,067. The average 1-year stock price forecast is 23.89% higher than the current stock price, while the lowest is ¥135,000 (+14.50%) and the highest is ¥164,400 (+39.44%).

Price Target: ¥146,067 (+23.89%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	¥135,000	¥146,067	¥142,500	¥164,400
Change	+14.50%	+23.89%	+20.87%	+39.44%

* Price targets were last updated on Jan 14, 2026.

Analyst Ratings

The average analyst rating for TYO:8984 stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Apr '26	May '26
Strong Buy	2	2	1	1	1	1
Buy	1	1	1	1	1	1
Hold	3	3	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst SMBC Nikko No rating	SMBC Nikko	Hold Maintains ¥152,000	Hold	Maintains	¥152,000	+28.92%	Jan 14, 2026
Unknown Analyst Tokai-Tokyo Securities No rating	Tokai-Tokyo Securities	Buy Maintains ¥164,400	Buy	Maintains	¥164,400	+39.44%	Dec 26, 2025

Financial Forecast

Revenue This Year

59.02B

from 68.62B

-13.98%

from 68.62B

Revenue Next Year

56.42B

from 59.02B

-4.41%

from 59.02B

EPS This Year

n/a

from -

EPS Next Year

n/a

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Aug 31, 2021	Aug 31, 2022	Aug 31, 2023	Aug 31, 2024	Aug 31, 2025	Feb 28, 2026
Revenue	54.62B	58.30B	59.06B	61.90B	68.62B	59.02B
Revenue Growth	6.42%	6.73%	1.31%	4.80%	10.86%	-13.98%
Net Income	22.72B	22.73B	22.35B	20.43B	30.04B	27.07B
Dividend / Share	5,987.00	5,719.50	5,646.00	-	-	6,701.94
FFO	-	-	-	-	-	32.88B
FFO / Share	-	-	-	-	-	7,162.00
P/FFO	-	-	-	-	-	16.46
No. Analysts	-	-	-	-	-	3

Financial currency is JPY.

Revenue Forecast

Revenue	2026	2027	2028
High	66.3B
Avg	59.0B
Low	44.5B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-3.4%
Avg	-14.0%
Low	-35.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2027	2028
High	-
Avg	-
Low	-