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ITOCHU Corporation
ITOCYIndustrialsOTCJP
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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.
Warren Buffett retired as CEO on Dec. 31 and handed Berkshire Hathaway's proverbial keys to longtime understudy, Greg Abel. In Buffett's and Abel's respective letters to shareholders, neither listed this former No.
Itochu Corp. (OTCMKTS:ITOCY - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $73.20 and traded as low as $12.43. Itochu shares last traded at $12.75, with a volume of 670,352 shares. Wall Street Analyst Weigh In Several
Itochu Corporation offers a quality, diversified profile with standout non-resource businesses, notably the competitive FamilyMart convenience chain. Itochu should face margin pressure from rising logistics and input costs, particularly in food and maybe textiles, due to the oil crisis and imported inflation. Resource segments, especially coal and oil E&P, are positioned for profit recovery amid higher energy prices, offsetting some non-resource headwinds.
In 2019, Warren Buffett and Berkshire Hathaway announced significant investments in five of the largest Japanese trading houses. In his first annual letter to shareholders, Berkshire's new CEO, Greg Abel, said he expects these five stocks to remain in the large conglomerate's portfolio long term.
