Itochu stock: Strong first half, steady full-year targets

Published on 11/12/2026 at 15:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Itochu stock follows record first-half earnings after profit rose 16 percent. Machinery and energy led segment gains as management kept its annual targets unchanged.

Earnings Growth Meets Steady Guidance

Revenue and operating profit increased during the six months through September.
Machinery, Energy & Chemicals, and Metals & Minerals delivered the strongest segment advances.
Management expects Energy & Chemicals earnings to slow in the second half.

Itochu, JP3143600009, Illustration mit AI erstellt.

ITOCHU Corporation reported record first-half earnings on Wednesday, November 4, 2026, as broad-based operating growth offset uneven resource-market conditions. Reuters, carried by Investing.com, said net profit for the six months ended September increased 16 percent year over year to 580.5 billion yen, while core profit rose 33 percent to a record 504.5 billion yen.

Machinery And Energy Lead

JapanStockPulse reported revenue of 7.93 trillion yen and operating profit of 413.188 billion yen for the period. Machinery attributable profit rose 60.8 percent to 123.694 billion yen, while Energy & Chemicals profit more than doubled to 90.392 billion yen. Metals & Minerals profit increased 45 percent to 92.172 billion yen.

The segment mix gives investors a broader earnings base beyond resource markets. The company also benefited from stronger North American power earnings, improved coal operations and higher chemical prices. A sale of an overseas energy business added extraordinary gains, which do not represent recurring operating performance.

Guidance Holds As Risks Shift

ITOCHU retained its full-year net profit target of 950 billion yen for the fiscal year ending March 2027 and kept its core profit forecast at 900 billion yen. Annual shareholder returns, including dividends and share buybacks, are planned at no less than 604 billion yen.

Management expects Energy & Chemicals earnings to slow in the second half as disruptions in chemical raw-material supply ease. That outlook puts greater emphasis on the durability of non-resource operations and on investment-related earnings.

ITOCHU stock traded at 13.49 euros on Lang & Schwarz at 15:11 CET on Thursday, November 12, 2026.