Latest News for ITOCY
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.
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