ITOCHU Corporation ranks 2nd in 'rising sell forecasts' among individual investors on Minkabu

As of noon on the 11th, ITOCHU Corporation <8001> ranked second in the "rising sell forecasts" category of the "Retail Investor Forecasts (Latest 48 Hours)" compiled by Minkabu.

ITOCHU shares fell on Tokyo's Prime Market for the first time in three sessions on the 11th. The major trading house projects a record consolidated net profit of 950 billion yen for the year ending March 2027, up 5.5% year-on-year, with non-resource segments like FamilyMart expected to contribute. The company also plans aggressive shareholder returns, including dividend hikes and share buybacks. However, the stock faced pressure following U.S. and Israeli strikes on Iran amid concerns over the broader economic impact. Additionally, ITOCHU's lower exposure to energy sectors compared with peers means it benefits less from rising resource prices, discouraging buying.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.