3110.T Nitto Boseki (JPX) up 14.90% pre-market 23 Jan 2026: price insight
The 3110.T stock surge is the main market mover this pre-market session in Japan. Nitto Boseki Co., Ltd. (3110.T) trades at JPY 17,580.00, up 14.90% on heavy volume 4,159,200.00 shares as of the pre-market print on 23 Jan 2026. Volume is 2.80 times the 50-day average, and the move cleared the prior reference high. We examine catalysts, valuation, and what the Meyka AI model shows next for JPX-listed Nitto Boseki.
3110.T stock pre-market price action and volume
Nitto Boseki (3110.T) opened at JPY 16,340.00 and hit a pre-market high of JPY 17,840.00. Trading volume reached 4,159,200.00, well above the average 1,485,871.00, showing institutional interest. The intraday jump pushed the price above the 50-day average JPY 12,136.60 and the 200-day average JPY 7,360.90, signalling strong short-term momentum.
Why shares moved: earnings, EPS and sector context
Investors point to stronger earnings momentum and improved margins. Nitto Boseki reports EPS JPY 392.91 and a trailing PE of 40.95, reflecting elevated growth expectations. The Consumer Cyclical sector shows year-to-date strength, but 3110.T trades at a premium to the sector PE of 21.41, which explains part of the volatile reaction.
Fundamentals and valuation for 3110.T stock
Nitto Boseki posts book value per share JPY 3,915.60 and cash per share JPY 810.80, with a current ratio 2.63, indicating balance sheet resilience. Key ratios: PB 4.30, EV/EBITDA 21.71, and ROE 11.04%, signalling solid profitability but rich price multiples. Market cap stands at JPY 585,775,725,820.00, implying large-cap liquidity on JPX.
Technical outlook and short-term trade triggers
Technically, the stock shows overbought momentum with RSI 64.40 and CCI 276.74. The 50-day price average JPY 12,136.60 acts as immediate support. On a breakout above JPY 17,840.00, short-term targets extend toward JPY 22,000.00, while firm support sits near JPY 15,950.00 — the session low.
Meyka AI grade and model forecast for 3110.T stock
Meyka AI rates 3110.T with a score out of 100: 68.50 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects monthly JPY 11,451.65 and yearly JPY 8,423.12. Compared with the current price JPY 17,580.00, the model implies a downside of -52.10% to the yearly projection. Forecasts are model-based projections and not guarantees.
Risks and catalysts to watch for investors
Near-term catalysts include the earnings announcement set for 05 Feb 2026 and any guidance updates on textile demand and specialty chemicals. Key risks: the stock’s high PE 40.95, inventory days 281.56, and reliance on cyclical apparel markets. Monitor trading liquidity and any insider or institutional filings on JPX.
Final Thoughts
3110.T stock leads pre-market gainers on 23 Jan 2026 after a heavy-volume breakout to JPY 17,580.00, up 14.90%. The rally reflects improved earnings momentum, strong margins, and technical strength above the 50-day average. Valuation remains rich versus peers, with PE 40.95 and PB 4.30, which supports a cautious stance. Meyka AI’s forecast model projects a yearly figure of JPY 8,423.12, implying -52.10% versus the current price; this highlights model conservatism versus market sentiment. For traders, a short-term target of JPY 22,000.00 and a conservative price target of JPY 12,500.00 are sensible reference points. Remember, forecasts are model-based projections and not guarantees. See company filings and the JPX tape for live updates, and review our detailed page on Meyka for real-time tools and data source.
FAQs
What drove the 3110.T stock jump today?
The pre-market jump reflects heavy volume 4,159,200.00 and positive earnings momentum. Investors cited EPS strength JPY 392.91 and a technical breakout above the 50-day average. Monitor the earnings release on 05 Feb 2026 for confirmation.
How does Nitto Boseki’s valuation compare to peers for 3110.T stock?
3110.T shows a trailing PE of 40.95, above the Consumer Cyclical sector PE 21.41. PB stands at 4.30, indicating the stock trades at a premium to many apparel manufacturers on JPX.
What is Meyka AI’s forecast for 3110.T stock?
Meyka AI’s forecast model projects a yearly figure of JPY 8,423.12 versus the current price JPY 17,580.00, implying -52.10%. Forecasts are model-based projections and not guarantees.
What price targets should investors consider for 3110.T stock?
For traders, a short-term target near JPY 22,000.00 fits the momentum. A conservative investor might use JPY 12,500.00 as a risk management level. Always size positions to risk tolerance.
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.
