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KOMEDA rises for third day as domestic broker raises price target to 3,400 yen

Fri Apr 17, 2026 1:08 pm JST Catalyst

KOMEDA Holdings <3543> shares edged higher for a third straight session. SMBC Nikko Securities on April 16 maintained its "1" rating?the top of its three-tier scale?while raising its price target to 3,400 yen from 3,300 yen. The brokerage noted that the company’s earnings and share price stability warrant increased attention amid macroeconomic uncertainty.

Despite headwinds from rising construction costs, Komeda is expected to maintain its pace of new store openings by shifting its strategy toward urban in-building locations starting in the fiscal year ending February 2027. While coffee bean prices have dropped significantly, the impact will likely be delayed until the fiscal year ending February 2028 as current supplies are already under contract, though profit growth is expected to accelerate relative to previous forecasts.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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