3402.T Toray Industries JPX pre-market 11 Feb 2026: profit down, FY view held

3402.T stock opens pre-market at JPY 1248.00 after Toray Industries reported nine-month profit down but kept its full-year profit view. The company said profit attributable to owners fell to JPY 40.16 billion, down 46.60% year-on-year, while management held FY profit guidance at JPY 82.00 billion. Volume is elevated at 18,784,300.00 shares versus an average of 5,304,348.00, signalling active repositioning ahead of the March fiscal-year close. We review the earnings detail, valuation, and what Meyka AI’s models now project for the stock on JPX.

Earnings recap and guidance for 3402.T stock

Toray reported nine-month profit attributable of JPY 40.16 billion and EPS of JPY 26.49, down from last year. Management kept full-year profit guidance at JPY 82.00 billion and trimmed revenue to JPY 2.60 trillion, citing softer margins in fibres and plastics. Read the company release summary and press coverage RTTNews via Nasdaq for the full figures.

Financials, valuation and key metrics

At JPY 1248.00, Toray trades on a trailing PE of 32.64 with EPS JPY 38.47 and market cap JPY 1851095056793.00. Price/Book is 1.11 and dividend yield is 1.51%. The stock sits above its 50-day average JPY 1073.40 and 200-day average JPY 999.46, but PE is higher than the Consumer Cyclical sector average PE 22.11, suggesting valuation premium.

Meyka AI rates 3402.T with a score out of 100

Meyka AI rates 3402.T with a score of 67.09 out of 100 (Grade: B, Suggestion: HOLD). This grade factors in S&P 500 and sector comparison, financial growth, key metrics, forecasts and analyst consensus. These grades are model outputs, not guarantees, and are not financial advice.

Meyka AI’s forecast model projects price paths

Meyka AI’s forecast model projects a 12-month level near JPY 1043.09, a 3-year at JPY 1180.60, and a 5-year at JPY 1317.01. Versus current JPY 1248.00, the 12-month projection implies -16.41% downside and the 5-year implies +5.56% upside. Forecasts are model-based projections and not guarantees.

Technicals and trading signals for 3402.T stock

Technical indicators show short-term strength: RSI 70.80 (overbought) and ADX 37.26 pointing to a strong trend. Momentum indicators are elevated and on-balance volume sits at 68,328,800.00, confirming recent buying. Traders should watch JPY 1,281.00 year high resistance and intraday band ranges between JPY 1,170.50 and JPY 1,279.00.

Risks, catalysts and sector context

Near-term risks include demand softness in fibres and margin pressure in performance materials. Key catalysts are improvement in carbon-fiber sales and life-science product margins. The Consumer Cyclical sector performance can amplify moves; monitor sector flows and macro indicators via market dashboards like Investing.com Japan.

Final Thoughts

Key takeaways on 3402.T stock: Toray reported a sharp nine-month profit drop to JPY 40.16 billion but maintained full-year profit guidance at JPY 82.00 billion, which supports management credibility. Valuation is above sector averages with a trailing PE 32.64 and PB 1.11, leaving limited upside on near-term forecasts. Meyka AI’s model projects a 12-month level of JPY 1043.09, implying -16.41% from today’s JPY 1248.00, while longer horizons to five years show modest upside to JPY 1317.01. Our technical read shows short-term strength but overbought conditions, so investors seeking entry should consider staging buys closer to the JPY 1,050–1,080 range or wait for confirmation of margin recovery. This analysis uses Meyka AI’s data and models and is informational only, not investment advice.

FAQs

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.