Pre-market top loser: 7746.T stock falls 14.35% to JPY 394.00 on JPX, watch earnings
The 7746.T stock opened sharply lower in pre-market trade, sliding 14.35% to JPY 394.00 after a run higher earlier in the year. Volume jumped to 15,790,900.00 shares versus an average of 6,155,206.00, making the name a clear top loser on JPX in early trading. The move follows a stretched technical setup and a mixed fundamental profile, with EPS at -1.94 and a negative PE of -216.49. Traders will watch support near the day low JPY 370.00 and the 50-day average at JPY 345.08 for signs of stabilization.
Pre-market price action and immediate drivers for 7746.T stock
Okamoto Glass (7746.T) opened at JPY 378.00 and traded between JPY 370.00 and JPY 423.00 in pre-market moves. The one-day change is -66.00 JPY, a -14.35% decline from the previous close of JPY 460.00.
No company statement was posted in the data set; the decline looks driven by profit-taking after a strong YTD rally of 60.89% and the spike in relative volume. Market participants cited the stretched RSI of 73.85, signaling short-term overbought conditions.
Fundamentals and balance sheet context for 7746.T stock
Okamoto Glass reports negative EPS of -1.94 and a trailing PE of -216.49, reflecting recent losses. Key ratios show price-to-sales 2.53 and price-to-book 4.66, while cash per share equals 88.64 JPY and book value per share is 98.80 JPY.
Debt metrics are elevated: debt-to-equity sits near 2.13 and net-debt-to-EBITDA is high at 9.09, which raises leverage concerns for a small-cap industrial supplier serving mobility, display and lighting markets in Japan.
Technical picture, volume and near-term levels for 7746.T stock
The stock shows overbought momentum readings and a sharp reversal: RSI 73.85, MACD histogram 17.82, and ATR 35.54. Bollinger bands place the upper band at 421.15 and the lower at 226.55, while the 50-day moving average is 345.08 and the 200-day at 224.90.
Immediate support is the day low JPY 370.00 and the 50-day JPY 345.08. A failure below JPY 345.08 would shift technical bias toward the 200-day average. Trading volume of 15,790,900.00 versus average 6,155,206.00 confirms a liquidity-driven sell-off.
Meyka Rating & valuation summary for 7746.T stock
Meyka AI rates 7746.T with a score of 72.98 out of 100, graded B+ with a suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.
The proprietary score balances recent momentum and forecast upside against weak profitability and high leverage. Note that independent company ratings show a dated company rating of C- (Strong Sell) from 2025-03-03, highlighting divergence between short-term momentum and fundamental caution.
Analyst context, earnings schedule and catalysts for 7746.T stock
Okamoto Glass has an earnings announcement set for 2026-02-13 (local time). That report is the next major catalyst and could validate or reverse the pre-market drop. Key operational drivers include demand in automotive lighting and functional thin-film coatings for displays and IoT sensors.
Watch sector trends in Technology hardware and Industrials for order flow signals. A worsening macro or weaker-than-expected margins would increase downside risk given current leverage.
Risks, opportunities and what traders should watch for 7746.T stock
Primary risks: high leverage (debt-to-equity 2.13), negative EPS, and narrow operating margins. Secondary risks include slower demand in automotive lighting and display segments.
Opportunities: cost control, higher-margin thin-film products, and a potential rebound if quarterly revenue and margins beat estimates. Traders should monitor the upcoming earnings, inventory levels, and receivables (days sales outstanding 65.65) to assess cash conversion trends.
Final Thoughts
Okamoto Glass (7746.T) is the clear pre-market top loser after a -14.35% gap to JPY 394.00 on JPX, driven by heavy volume and stretched technical indicators. Meyka AI’s forecast model projects a yearly target of JPY 196.13, implying an estimated downside of -50.22% versus the current price of JPY 394.00. Monthly and quarterly models show nearer-term levels at JPY 272.53 and JPY 300.51, respectively, which also sit below current trade. Our Meyka grade (B+, score 72.98/100) balances that model-based downside with recent momentum and sector context, but the firm’s high leverage and negative EPS argue for caution. Traders should treat the pre-market move as a liquidity-driven repricing and watch the earnings release on 2026-02-13 plus support at JPY 370.00 and the 50-day average JPY 345.08. Forecasts are model-based projections and not guarantees
FAQs
Why did the 7746.T stock drop pre-market today?
The 7746.T stock fell 14.35% pre-market on heavy volume, likely due to profit-taking after a YTD run and stretched technicals. Elevated leverage and negative EPS raise sensitivity to any earnings or margin concerns ahead of the next report.
What are the key support and resistance levels for 7746.T stock?
Near-term support is the day low at JPY 370.00 and the 50-day average at JPY 345.08. Immediate resistance sits near the pre-market high JPY 423.00 and the 50-day’s upper recent band.
How does Meyka AI view 7746.T stock going forward?
Meyka AI grades 7746.T B+ (72.98/100) and projects a yearly level of JPY 196.13, signaling model-based downside versus current trade. The grade weighs sector and momentum gains against weak profitability and high leverage.
When is the next earnings event that could affect 7746.T stock?
Okamoto Glass has an earnings announcement scheduled for 2026-02-13. That release is the next major catalyst and could materially change the stock’s short-term direction based on revenue and margin results.
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.
