Itochu stock falls 1.23 percent despite Q1 profit beat

Published on 10/04/2026 at 09:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Itochu stock traded at JPY 2,175.50 on October 2, 2026, below its JPY 2,399 52-week high. Q2 results are scheduled for November 4, 2026.

Itochu, JP3143600009, Illustration mit AI erstellt.

Itochu stock (ISIN JP3143600009) was last at JPY 2,175.50 on the Tokyo Stock Exchange on October 2, 2026, down 1.23 percent from the prior session. The decline came even as first-quarter net profit reached JPY 293.7 billion, up 3 percent year over year, according to Note.

Profit beats the quarterly hurdle

The April to June 2026 result represented 31 percent of Itochu's JPY 950.0 billion full-year net profit plan, based on the first-quarter figure and the company's outlook. The same report said core profit rose 38 percent year over year to JPY 249.5 billion, giving the earnings update a stronger operating profile than the headline stock move suggests.

ITOCHU Corporation's investor-relations page lists consolidated net profit of JPY 900.3 billion for the fiscal year ended March 2026, alongside core operating cash flow of JPY 940.0 billion and return on equity of 15 percent, according to ITOCHU Corporation.

Buyback supports the valuation case

The company authorized a repurchase of up to 190,000,000 shares, equal to 2.72 percent of issued share capital, for a maximum JPY 300.0 billion through January 29, 2027, as reported by Simply Wall St on September 23, 2026.

That capital-return measure is relevant against the stock's JPY 2,399 52-week high and JPY 1,653.60 low. On September 18, 2026, Markets Insider reported that SBI Securities upgraded Itochu to Buy with a JPY 2,790.00 price target.

Next results arrive November 4

ITOCHU Corporation's investor-relations calendar schedules the FY2027 second-quarter results for November 4, 2026, at 1:00 p.m. JST. The October 2 trading snapshot showed a JPY 15.2 trillion market capitalization and volume of 12,399,000 shares, leaving the next earnings release as the clearest scheduled checkpoint for the stock.