EU clears Dentsu Soken deal and Morgan Stanley targets Itochu stock at JPY 2,600

Published on 10/23/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1 revenue reached JPY 3.8759 trillion, up 8.90 percent year over year. Itochu stock costs EUR 13.04 on October 23, 2026, below Xetra close.

EU clearance and earnings

The European Commission approved case M.12635 on October 15, 2026.
First-quarter revenue reached JPY 3.8759 trillion, up 8.90 percent year over year.
Itochu stock trades at EUR 13.04 at 10:07 a.m. CEST at Lang & Schwarz on October 23, 2026, 0.77 percent below the Xetra close of October 22, 2026.

Itochu, JP3143600009, Illustration mit AI erstellt.

Itochu (JP3143600009) is trading at EUR 13.04 at Lang & Schwarz on October 23, 2026 at 10:07 a.m. CEST, minus 0.77 percent versus the Xetra close of October 22, 2026 at EUR 13.05. The European Commission approved Itochu's joint control of Dentsu Soken on October 15, 2026, a decision published by EUR-Lex. The approval removes a regulatory hurdle for the transaction.

Three dated portfolio steps

On October 3, 2026, Itochu was linked to talks over a minority stake in a clean-energy unit tied to a 300,000-tonnes-per-year green-ammonia project, according to Simply Wall St. On October 14, 2026, Morgan Stanley maintained a Buy rating and set a JPY 2,600.00 target, as reported by Markets Insider. On October 15, 2026, the European Commission approved the Dentsu Soken transaction under case M.12635, according to EUR-Lex.

What supports the earnings case?

ITOCHU's first-quarter fiscal 2027 revenue reached JPY 3.8759 trillion, an 8.90 percent increase from the same period a year earlier. A financial summary citing the results also put operating profit at JPY 205.5 billion and net profit at JPY 293.8 billion on a first-quarter basis. The figures point to growth beyond the portfolio transactions, although the next report will test whether that pace continued.

Next reporting date

ITOCHU will announce fiscal 2027 second-quarter results on November 4, 2026, at 1:00 p.m. Japan Standard Time, according to the company's ITOCHU Corporation investor-relations page.

Stock stays below its yearly high

The stock's euro quote remains below the EUR 13.39 52-week high and above the EUR 9.29 low, both dated October 22, 2026. The reported market capitalization was EUR 84.2 billion on that date, giving the regulatory approval a sizeable market backdrop. ITOCHU also reported net profit of JPY 900.3 billion for the fiscal year ended March 2026.

At Lang & Schwarz, Itochu stock was trading at EUR 13.04 on October 23, 2026 at 10:07 a.m. CEST, minus 0.77 percent versus the Xetra close of October 22, 2026 at EUR 13.05. The further course of trading is shown by the continuously updated real-time quote of Itochu stock.