TYO:9022 Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, TYO:9022 stock has a consensus rating of "Buy" and an average price target of ¥4,435. The average 1-year stock price forecast is 28.85% higher than the current stock price, while the lowest is ¥3,350 (-2.67%) and the highest is ¥5,100 (+48.17%).

Price Target: ¥4,435 (+28.85%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	¥3,350	¥4,435	¥4,400	¥5,100
Change	-2.67%	+28.85%	+27.83%	+48.17%

Analyst Ratings

The average analyst rating for TYO:9022 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	4	4	4	4	4	4
Buy	0	1	1	1	1	1
Hold	6	5	5	5	6	6
Sell	1	1	1	1	0	0
Strong Sell	1	1	1	1	1	1
Total	12	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ryota Himeno J.P. Morgan	J.P. Morgan	Buy Maintains ¥4,650	Buy	Maintains	¥4,650	+35.10%	May 27, 2026
Unknown Analyst Goldman Sachs No rating	Goldman Sachs	Hold Maintains ¥4,300 → ¥4,900	Hold	Maintains	¥4,300 → ¥4,900	+42.36%	Feb 3, 2026

Financial Forecast

Revenue This Year

2.02T

from 2.01T

0.47%

from 2.01T

Revenue Next Year

2.06T

from 2.02T

2.40%

from 2.02T

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	935.14B	1.40T	1.71T	1.83T	2.01T	2.02T
Revenue Growth	13.55%	49.74%	22.15%	7.10%	9.52%	0.47%
Gross Profit	161.56B	552.44B	798.10B	902.95B	1.05T	1.02T
Gross Margin	17.28%	39.45%	46.66%	49.29%	52.19%	50.74%
Operating Income	1.71B	374.50B	607.38B	702.80B	830.17B	755.78B
Net Income	-51.93B	219.42B	384.41B	458.42B	552.87B	490.02B
Dividend / Share	26.00	27.00	29.00	31.00	32.00	32.33
Dividend Growth	-	3.85%	7.41%	6.90%	3.23%	1.04%
Free Cash Flow	-95.45B	9.25B	301.78B	504.40B	418.50B	217.65B
No. Analysts	-	-	-	-	-	12

Financial currency is JPY.

Revenue Forecast

Revenue	2027	2028	2029
High	2.1T
Avg	2.0T
Low	2.0T

Revenue Growth

Revenue Growth	2027	2028	2029
High	2.4%
Avg	0.5%
Low	-0.7%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	-
Low	-

EPS Growth

EPS Growth	2028	2029
High	-
Avg	-
Low	-