Analyst Shunki Nakamura from Jefferies reiterated a Buy rating on BANDAI NAMCO Holdings (NCBDF – Research Report) and increased the price target to Yen6,060.00 from Yen5,460.00.
Shunki Nakamura’s rating is based on several compelling factors that highlight BANDAI NAMCO Holdings’ potential for growth and resilience. Despite the anticipated challenges in the fiscal year ending March 2026, particularly following a strong lineup of console games in the previous year, Nakamura emphasizes the company’s medium to long-term growth prospects in its Toys & Hobby segment. This segment is often underestimated, yet it holds significant potential due to the company’s unique position as an IP-driven entity.
Furthermore, BANDAI NAMCO’s structural uniqueness and its defensive nature amid macroeconomic uncertainties bolster Nakamura’s positive outlook. The company’s ability to leverage its intellectual properties effectively positions it for sustained growth, justifying the Buy rating. With a price target of ¥6,060, based on a projected price-to-earnings ratio of 25 times the estimated earnings per share for the fiscal year ending March 2027, Nakamura reaffirms his confidence in the stock’s upward trajectory.