6268: Profit Margin Outlook Will Offset Impact Of Business Split

Analysts have raised their price target for Nabtesco from ¥3,374 to ¥3,528, citing an improved profit margin outlook, which offsets slower revenue growth. What's in the News Nabtesco revised its consolidated earnings guidance for the year ending December 31, 2025.

Shared on 23 Oct 25

Fair value Increased 2.77%

Analysts have raised their price target for Nabtesco to ¥3,374 from ¥3,283, citing modest improvements in projected revenue growth and profit margins. What's in the News Nabtesco completed the repurchase of 1,796,100 shares for ¥5,638.62 million, representing 1.49% of issued shares, as part of its buyback program.

Shared on 26 Sep 25

Fair value Increased 4.03%

Despite a decline in consensus revenue growth forecasts, a notable improvement in net profit margin has driven analysts to raise Nabtesco’s fair value estimate, reflected in the higher price target of ¥3283. What's in the News Raised full-year guidance: net sales now expected at JPY 344,000 million, operating income at JPY 22,300 million, and net income at JPY 14,600 million, all above previous forecasts.

Shared on 11 Sep 25

Fair value Increased 2.36%

Despite a reduction in consensus revenue growth forecasts and a modest increase in future P/E, Nabtesco's analyst price target has been slightly raised from ¥3083 to ¥3155. What's in the News Nabtesco raised its consolidated earnings guidance for the year ending December 31, 2025, forecasting higher net sales, operating income, and net income compared to previous estimates.

Shared on 27 Aug 25

Fair value Increased 5.97%

Despite softer consensus revenue growth expectations, an improvement in Nabtesco's net profit margin has led analysts to raise their fair value estimate, with the price target increasing from ¥2,909 to ¥2,985. What's in the News Nabtesco raised its consolidated earnings guidance for FY2025, now expecting net sales of JPY 344,000 million, operating income of JPY 22,300 million, and net income of JPY 14,600 million, all above previous forecasts.

Shared on 06 Aug 25

Fair value Increased 5.67%

Despite a notable downgrade in revenue growth forecasts and a higher future P/E multiple, analysts have raised Nabtesco’s fair value, increasing the consensus price target from ¥2,753 to ¥2,909. What's in the News Nabtesco announced a share repurchase program of up to 4,000,000 shares (3.3% of issued share capital) for ¥10,000 million, aiming to enhance shareholder value and capital efficiency; repurchased shares will be cancelled.