Placo (6347.T JPX) down 8.00% after hours 28 Jan 2026: watch earnings due 13 Feb

The 6347.T stock of Placo Co., Ltd. fell 8.00% in after-hours trade on 28 Jan 2026, closing at JPY 345.00 after heavy selling. Volume was 121,000.00 shares versus an average of 81,215.00, signaling above-normal interest. The move came ahead of an earnings release set for 13 Feb 2026 and follows a recent run from the 6-month low, leaving traders focused on guidance and margins.

Price action and immediate facts for 6347.T stock

Placo opened at JPY 375.00 and printed a day high of JPY 375.00 and a low of JPY 336.00 before settling at JPY 345.00 after hours. Market capitalization is JPY 3,320,397,990.00 with 9,624,342.00 shares outstanding. The one-day decline of -8.00% followed a larger-than-average trade session, where volume reached 121,000.00 compared with an average of 81,215.00.

Drivers behind the sell-off and sector context

There was no single public release tied to the decline. Market participants appear to be reducing exposure ahead of Placo’s earnings on 13 Feb 2026 and rotating within Industrials. The Industrials sector in Japan has shown modest gains year-to-date, but short-term volatility is driving active trimming in smaller-cap names. Placo manufactures plastic molding and recycling machines used in biodegradable plastics and auto parts, which links company demand to cyclical capex trends in Japan.

Fundamentals snapshot and valuation for 6347.T stock

Placo posts an EPS of -2.66 and a trailing PE of -129.70, reflecting recent negative net income. Key ratios include P/S 1.46, P/B 2.17, current ratio 2.29, and debt-to-equity 0.68. The firm pays JPY 6.00 per share in dividends, giving a yield near 1.74% on the current price. Cash per share is 133.48, and book value per share is 158.69, showing balance-sheet support despite weak profitability.

Technical signals, liquidity and Meyka AI grade

Technicals show neutral momentum: RSI 46.94, MACD histogram -2.96, and ATR 29.43, indicating heightened intraday swings. The 50-day average is JPY 336.70 and the 200-day average is JPY 266.17, so price sits above the long-term trend but near the 50-day. Meyka AI rates 6347.T with a score out of 100: 63.53 (Grade B) — HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade is informational and not investment advice.

Meyka AI’s forecast and price targets for 6347.T stock

Meyka AI’s forecast model projects monthly: JPY 327.75, quarterly: JPY 271.89, and yearly: JPY 149.42. Compared with the current JPY 345.00, the model implies a near-term downside of -5.00%, a quarterly downside of -21.20%, and a 12-month downside of -56.79%. Given the model output and absent external analyst targets, we propose a short-term technical target of JPY 320.00 and a conservative 12‑month base case of JPY 150.00. Forecasts are model-based projections and not guarantees.

Risks, opportunities and trading strategy

Key risks include weak profitability, a negative EPS trend, and sensitivity to industrial capex cycles. Placo’s strengths are high cash per share (JPY 133.48) and a solid current ratio, which reduce near-term solvency risk. Opportunities include demand for recycling machines tied to ESG and auto parts. For active traders, watch the earnings release on 13 Feb 2026 and volume spikes above 200,000.00 for confirmation. Long-term investors should monitor margin recovery and order backlog.

Final Thoughts

Placo’s 6347.T stock dropped 8.00% after hours on 28 Jan 2026, closing at JPY 345.00 on JPX in Japan. The sell-off reflects pre-earnings positioning and higher-than-normal volume of 121,000.00 shares. Fundamentals show a negative EPS of -2.66 and a trailing PE of -129.70, while the balance sheet remains supportive with JPY 133.48 cash per share and a current ratio of 2.29. Meyka AI rates the name 63.53/100 (B) – HOLD, balancing sector exposure and recent growth with profitability headwinds. Meyka AI’s forecast model projects monthly: JPY 327.75 and yearly: JPY 149.42, implying downside to the current price. Investors should treat these model outputs as scenarios, not certainties. Short-term traders may prefer to use JPY 320.00 as a tactical support target and wait for clear guidance at the 13 Feb 2026 earnings update. Long-term investors should watch margin recovery, order inflows, and any updates to capital allocation before increasing exposure. For company details visit the Placo website and listing on JPX Placo official site and Japan Exchange Group. Meyka AI provides this as part of an AI-powered market analysis platform; this is not financial advice.

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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.