Volume spike in Toyo Sugar (2107.T) JPY 2073.00 on 03 Jan 2026: intraday liquidity test
2107.T stock saw a sharp intraday volume spike on 03 Jan 2026, trading 17,700 shares versus an average volume of 95 shares, giving a relative volume of 186.32 and showing a brief liquidity window at JPY 2073.00. Traders on the JPX in Japan moved size into Toyo Sugar Refining Co., Ltd. (2107.T) without a material price break, suggesting order flow rather than headline-driven revaluation. We use volume, liquidity metrics and company fundamentals to frame potential short-term trade setups and medium-term outlook.
Intraday volume and price action
The immediate fact: volume hit 17,700 shares while the stock price held around JPY 2073.00, with a day high of JPY 2077.00 and day low of JPY 2073.00. Relative volume of 186.32 indicates a genuine spike versus the 95.00 average daily print. That combination — a large volume burst with muted price movement — often signals institutional-sized matching rather than panic selling. On the JPX today, this pattern points to liquidity absorption near the current mid-day level.
What the volume spike implies for traders
A volume-dominant move with limited price change suggests supply and demand balanced by new participation. For active traders, the 186.32x volume spike raises the odds of a short-term breakout if follow-through appears in the next 30–60 minutes. Risk managers should note tight intraday range (JPY 2073.00–2077.00) and use stop placement outside the range. Market makers will watch intraday order flow to gauge whether the move expands into a trend.
Fundamentals snapshot
Toyo Sugar Refining Co., Ltd. reported strong balance-sheet metrics: book value per share JPY 1,993.56 and cash per share JPY 659.51. Key ratios include price to book 1.04, PE (TTM) 941.93 and current ratio 4.49. Return on equity is low at 0.11%. Free cash flow per share is JPY 213.29, supporting operational liquidity. Market cap is listed as JPY 14,511.00 and the company operates in the Consumer Defensive sector on the JPX in Japan.
Technical and trading metrics
Price sits at JPY 2073.00 with a narrow intraday range and very low volatility historically, shown by a near-flat ATR in available data. Volume spike pushed on-book participation sharply higher while on-balance volume remains muted prior to today. Price-to-book of 1.04 and a cash-rich balance sheet limit near-term solvency risk, but the very high PE implies earnings are currently a weak driver of valuation. Traders should watch for a break above JPY 2100.00 as a confirmation of continuation.
Meyka grade and model forecast
Meyka AI rates 2107.T with a score of 71.97 out of 100 — Grade B+, Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a 12‑month price target of JPY 2600.00 versus the current price JPY 2073.00, implying an upside of 25.43%. Forecasts are model-based projections and not guarantees. We present a conservative downside scenario price target of JPY 1800.00, implying a downside of 13.19%.
Risks and catalysts to monitor
Key risks include weak operating margins and volatile net income growth — net income growth dropped -83.94% in the latest FY — and low ROE at 0.11%. Catalysts that could validate the intraday volume include renewed demand for consumer staples, product contract wins in food ingredients, or a corporate announcement. Watch sector flows in Consumer Defensive names on the JPX and daily volume continuation as the primary confirmation signal.
Final Thoughts
The intraday volume spike in Toyo Sugar Refining Co., Ltd. (2107.T) to 17,700 shares while price held at JPY 2073.00 presents a short-term liquidity event worth watching. Volume at 186.32x average suggests institutional participation or large matched orders rather than retail noise. Fundamentals show a cash-rich balance sheet with book value per share JPY 1,993.56 and a current ratio of 4.49, though ROE is muted at 0.11% and recent net income growth is negative. Meyka AI’s model projects a 12‑month target of JPY 2600.00 (implied upside 25.43% vs JPY 2073.00); the model also outlines a conservative downside target of JPY 1800.00 (downside 13.19%). Active traders should require intraday follow-through to treat the move as a breakout; longer-term investors should weigh the strong balance sheet against weak earnings momentum. This note is produced using Meyka AI-powered market analysis platform and is for information only, not financial advice.
FAQs
The spike reflected 17,700 shares traded versus an average of 95, a relative volume of 186.32. Price stayed near JPY 2073.00, suggesting large matching orders or institutional activity rather than headline-driven news.
Meyka AI assigns a B+ grade and a model 12-month target of JPY 2600.00 (25.43% upside). Traders should wait for intraday follow-through; long-term buyers must consider low ROE and recent net income weakness.
Monitor daily volume continuation, a break above JPY 2100.00, free cash flow per share JPY 213.29, and quarterly earnings headlines. Also track sector flows in Consumer Defensive names on the JPX.
Meyka AI’s forecast is a model-based projection (12‑month target JPY 2600.00) that uses fundamentals and market data. Forecasts are not guarantees and should be one input among broader research.
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.
