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MSCI Japan Index Earning Revision (Oct): Toyota Motor, Advantest, Terumo, Mitsubishi, Orix

31 Oct 2026 By Ke Yan, CFA, FRM
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Abstract: We analyzed earnings revision of MSCI Japan index component stocks in October 2026. The index's 2027E EPS rose 1.2% month on month to ¥156.2 from ¥154.4, with 111 stocks revised up versus 36 revised down, even as the index price fell 4.0% to 2,424. Individual stock EPS revisions contributed ¥1.88 to the index's EPS change. Toyota Motor added the most to index EPS at +¥0.25 on a 3.3% EPS increase, followed by Advantest at +¥0.18 on a 9.2% EPS increase, while Terumo subtracted ¥0.17 from index EPS on a 31.1% EPS cut. Idemitsu Kosan posted the largest EPS increase among all stocks at 20.4%, while Nidec and Aeon also saw EPS cuts of 13.1% and 6.0% respectively.

Nintendo (7974 JP) Toyota Motor (7203 JP) Idemitsu Kosan (5019 JP) Mitsubishi (8058 JP) Terumo (4543 JP) Advantest (6857 JP)

Highlighted Stocks

Nintendo, Toyota Motor, Idemitsu Kosan, Mitsubishi, Terumo, Advantest

Series: Index Earnings Revision Monthly: all issues →

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