ITOCHU Corporation (TYO: 8001)

Japan flag Japan · Delayed Price · Currency is JPY
7,541.00
+11.00 (0.15%)
Sep 9, 2024, 3:15 PM JST
30.94%
Market Cap 10.81T
Revenue (ttm) 14.28T
Net Income (ttm) 795.13B
Shares Out 1.44B
EPS (ttm) 549.98
PE Ratio 13.69
Forward PE 11.81
Dividend 200.00 (2.66%)
Ex-Dividend Date Sep 27, 2024
Volume 3,514,300
Open 7,350.00
Previous Close 7,530.00
Day's Range 7,280.00 - 7,565.00
52-Week Range 5,034.00 - 8,245.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Nov 1, 2024

About ITOCHU

ITOCHU Corporation engages in trading and importing/exporting various products worldwide. The company’s Textile segment produces and sells raw materials, threads, and textiles; and garments, home furnishings, and industrial materials, as well as trades in industrial textile and lifestyle products. Its Machinery segment engages in the plants, bridges, railways, and other infrastructure; power generation, transmission, transformation, and sale; water, environment and waste-related; ship trading; renewable and alternative energy; and waste recycli... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1858
Employees 113,733
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 8001
Full Company Profile

Financial Performance

In 2023, ITOCHU's revenue was 14.03 trillion, an increase of 0.60% compared to the previous year's 13.95 trillion. Earnings were 801.77 billion, an increase of 0.16%.

Financial Statements

News

Global Market Turmoil Tests Warren Buffett's Japanese Investments: Despite Initial 30% Plunge, Berkshire Hathaway's $20B Bet On Japan's Trading Giants Recovers

The recent global market turmoil, which originated in Japan, has had a limited impact on Warren Buffett ‘s substantial Japanese investments. Despite initial significant losses, the market managed to r...

4 weeks ago - Benzinga

Itochu Q1: Quality On Sale

The Japanese stock market crash has taken trading company valuations from expensive back down to historical norms. ITOCHU held up the best in the selloff due to its high quality with less commodity fo...

4 weeks ago - Seeking Alpha

Itochu: Recent Developments Are Favorable (Rating Upgrade)

Itochu might be considering a potential stock split, which will possibly make its investor base broader and more diverse. ITOCF has recently secured the master licensing rights for an apparel brand, a...

2 months ago - Seeking Alpha

Itochu: Growth Plan Deserves An Upgrade

Itochu Corporation pre-announced the FY 2025 plan, featuring increased profits, dividends, and buybacks.

5 months ago - Seeking Alpha

Warren Buffett Was There for the Japanese Market Rally

Berkshire Hathaway holds stakes in five Japanese trading companies.

7 months ago - WSJ

Warren Buffett Steadily Increasing Stakes in 5 Japanese Companies: Sumitomo CEO

The CEO of one of Japan's largest general trading companies said Berkshire Hathaway has been increasing its interest.

8 months ago - Barrons

Itochu Corporation: A Long-Term Compounder Similar To Berkshire Hathaway

Itochu's revenue and profitability have grown at a ~10% CAGR, with its share price up over 300% in the last decade. The company is highly diversified, yet more agile than ever. Itochu owns a vast arra...

8 months ago - Seeking Alpha

ITOCHU Corporation (ITOCF) Q1 2024 Earnings Call Transcript

ITOCHU Corporation (OTCPK:ITOCF) Q1 2024 Earnings Conference Call August 4, 2023 ET Company Participants Tsuyoshi Hachimura - EVP and CFO Tsuyoshi Hachimura Hello. I am Hachimura, CFO of ITOCHU Corpor...

1 year ago - Seeking Alpha

Warren Buffett Gets Chinese Assist On Big Japan Bet

Investors are said to be de-emphasizing China because of concerns over its economy, and they're turning to Japan to maintain their Asian exposure.

1 year ago - Forbes

Warren Buffett Is Betting Big On Japan, Increases Stakes In Five Trading Firms

The Oracle of Omaha has increased Berkshire's stakes in five trading firms with a view to holding the shares for the long term.

1 year ago - Forbes

Warren Buffett presses ahead with his big bet on Japan, upping his stakes in 5 trading houses

Berkshire Hathaway said Monday that it had poured more cash into Japan's five largest trading houses. The holdings of Warren Buffett's conglomerate in the stocks now average over 8.5%.

1 year ago - Business Insider

Japan Trading Houses Climb After Buffett Boosts Stakes

Five of Japan's trading houses rise after Berkshire Hathaway raised its stake in the firms to an average of over 8.5% in a move to double down on some of Warren Buffett's favorite stocks. Winnie Hsu r...

1 year ago - Bloomberg Markets and Finance

Warren Buffett doubles down on his investments in Japan

Warren Buffett continues to see long-term opportunity in Japan. On Monday, the legendary investor increased his stake in five of the country's trading firms.

1 year ago - Invezz

Warren Buffett's Berkshire Hathaway boosts stakes again in five Japan trading companies

Berkshire Hathaway said Monday it has again boosted its stake in five Japanese trading companies that the conglomerate's storied leader Warren Buffett purchased two years ago.

1 year ago - Market Watch

Warren Buffett pours more money into Japan's stock market

Billionaire investor Warren Buffett's Berkshire Hathaway has added to its holdings in Japan's five biggest trading houses, likely underpinning strong momentum propelling the nation's stock market to m...

1 year ago - CNN Business

Warren Buffett's Berkshire Hathaway ups stakes in five Japanese trading firms

Berkshire Hathaway's stake in each of the trading firms now averages more than 8.5%.

1 year ago - CNBC

ITOCHU Corporation (ITOCF) FYE 2023 Earnings Call Transcript

ITOCHU Corporation (OTCPK:ITOCF) FYE 2023 Earnings Conference Call May 11, 2023 ET Company Participants Keita Ishii - President and Chief Operating Officer Conference Call Participants Keita Ishii Hel...

1 year ago - Seeking Alpha

Itochu: This Could Be The Year Of Outperformance

With the lowest commodity focus among its peers, Itochu also has the smallest decline in expected profits in FY 2024. The stock swung from worst to best performer among the trading companies last quar...

1 year ago - Seeking Alpha

Why Warren Buffett is so keen on Japan's versions of Berkshire Hathaway

Warren Buffett says he sees elements of his own Berkshire Hathaway conglomerate in the Japanese trading giants that he recently upped his stock investment in.

1 year ago - CNBC

Warren Buffett is ‘ahead of the game' with Japanese investments, LaDucTrading founder says

LaDucTrading Founder Samantha LaDuc joins Yahoo Finance Live to discuss why Warren Buffett is betting big on Japanese companies, Japanese firms easing resilience on fossil fuel investments, and the ou...

1 year ago - Yahoo Finance

Chose Japan's Itochu, Just Like Warren Buffet Did

This thesis elaborates on the reasons Warren Buffet may have chosen Japan's top five trading houses collectively referred to as the Sôgô Shôsha, which include Itochu. For this purpose, some of the val...

1 year ago - Seeking Alpha

Buffett Raises His Japanese Bets, as Prospects for Beaten-Down Stocks Brighten

Japan continues to suffer from slow growth and an aging population. But beyond those macro problems, a stronger yen and tighter monetary policy could catalyze a much-needed shift from exports to domes...

1 year ago - Barrons

Warren Buffett Buys More Shares of Japan's Top 5 Trading Houses

On Tuesday, April 11, Warren Buffett (Trades, Portfolio) loaded up on more shares of Japan's top five trading houses, bringing Berkshire Hathaway's ( BRK.A , Financial)( BRK.B , Financial) stake in ea...

1 year ago - GuruFocus

Buffett's Japanese stock purchases could indicate a bigger plan, says Mobius Capital's Mark Mobius

Mark Mobius, founding partner at Mobius Capital Partners, joins 'The Exchange' to discuss Warren Buffett increasing his stake in five Japaneses companies, and finding value overseas.

1 year ago - CNBC Television

Berkshire Hathaway raises stakes in Japan's 5 largest trading houses

Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss news that Warren Buffett's Berkshire Hathaway has raised its stakes in five of Japan's largest trading houses.

1 year ago - Yahoo Finance