Why did 6993.T surge intraday today?

The intraday surge to JPY 111.00 on 03 Jan 2026 was driven by heavy trading volume of 77,864,300 shares, about 2.60x average, suggesting momentum and speculative flows rather than a specific company announcement.

What are the key valuation concerns for Daikokuya (6993.T)?

Major concerns include negative EPS of -5.45, a trailing PE of -20.37, high price-to-book of 21.11 and debt-to-equity of 3.59, all of which indicate stretched valuation relative to Industrials peers.

What price targets does Meyka AI provide for 6993.T?

Meyka AI's model projects a 1-month figure of JPY 93.30 (implying -15.95% vs JPY 111.00) and a 12-month figure of JPY 24.17. Forecasts are model-based projections and not guarantees.

Is Meyka AI's grade a buy or sell signal for 6993.T?

Meyka AI gives 6993.T a score of 71.34 (B+, BUY) factoring in multiple metrics, but this is model-derived context only; investors should perform their own research and not treat it as personalised advice.

JP Stocks

6993.T jumps 37.04% to JPY 111 intraday 03 Jan 2026: Volume signals momentum

ByHuzaifa Zahoor January 3, 2026January 3, 2026

6993.T stock opened the session at JPY 106.00 and surged to an intraday high of JPY 111.00 on 03 Jan 2026, up 37.04% from the previous close of JPY 81.00. The move came with heavy trading: volume hit 77,864,300 shares versus an average of 29,925,796, a 2.60x uplift in flow that marks this name as a clear high-volume mover on the JPX in Japan. Traders should note the gap from the 50-day average of JPY 67.36 and the mix of negative fundamentals with strong technical momentum.