Itochu: Not Getting Credit For Growth

ITOCHU Corporation stock has underperformed peers due to its lower concentration in commodities. FY 2026 core profit is forecast to grow 15% to ¥900 billion, driven by operational improvements, organic growth, and new investments. Leverage is set to rise, with net debt increasing ¥900 billion and debt/equity reaching 0.6, funding ¥1.5 trillion in investments before shareholder returns.