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Warren Buffett's Successor Would Love to Buy 5X More of These Stocks. Here's Why They're Good Picks for Other Investors, Too.
The Motley Fool· 2025-05-24 09:45
No one can fill Warren Buffett's shoes. However, he's passing the baton as Berkshire Hathaway's CEO to a worthy successor in Greg Abel.Abel currently leads Berkshire Hathaway Energy. He also serves as vice chair of Berkshire's non-insurance operations. Come January 2026, he'll move into the CEO spot long held by Buffett. As Buffett has done for years, Abel will make the final investment decisions for Berkshire's portfolio once he becomes CEO.If you're wondering what kind of stocks Abel might like, you won't ...
Seven & I Holdings计划将旗下银行子公司Seven Bank的部分股份出售给商社伊藤忠商事株式会社(Itochu Corp.)。
news flash· 2025-05-20 07:11
Core Viewpoint - Seven & I Holdings plans to sell part of its stake in its banking subsidiary, Seven Bank, to Itochu Corporation [1] Group 1 - Seven & I Holdings is engaging in a strategic divestment by selling shares of Seven Bank [1] - The transaction involves a partnership with Itochu Corporation, a major trading company in Japan [1]
Itochu: Be Patient As Growth Investments Take Time To Work (Upgrade)
Seeking Alpha· 2025-02-07 16:03
I retired early after 22 years in the energy industry with roles in engineering, planning, and financial analysis. I have managed my own portfolio since 1998 and have met my goal to match the S+P 500 return over the long term with lower volatility and higher income. I mostly write on positions I already hold or am considering changing. I prefer to hold positions for the long-term unless there is a compelling reason to sell. I look for investment opportunities without regard to asset class, market cap, secto ...
Itochu(ITOCY) - 2025 Q2 - Earnings Call Transcript
2024-11-11 14:23
Financial Data and Key Indicators Changes - Consolidated net profit increased by 6% or ¥25.5 billion year-on-year to ¥438.4 billion, achieving 50% of the annual forecast [2] - Core profit reached ¥396 billion, maintaining the second highest profit level after FYE2023, with a year-on-year growth of 3% [3][15] - Core operating cash flows exceeded ¥500 billion for the first time, reaching ¥513 billion, setting an all-time high [4][16] - Total shareholders' equity increased by approximately ¥170 billion to ¥5.6 trillion, with NET DER improving slightly to 0.47x [18] Business Line Data and Key Indicators Changes - Textile, Machinery, Food, The 8th, and Others saw an increase in profit compared to the same period of the previous fiscal year [5] - Textile profit increased due to inbound consumption and stable performance in the sports sector [5][6] - Machinery profit increased from strong sales in new and used cars, overseas automobile business, and gains from infrastructure sales [6] - Food profit improved due to the turnaround of the pork business and strong performance in NIPPON ACCESS and ITOCHU-SHOKUHIN [6][7] - The 8th saw significant profit increase from FamilyMart and extraordinary gains from group reorganization [7] - Metals & Minerals, Energy & Chemicals, and General Products & Realty saw a decrease in profit, particularly in Metals & Minerals due to operational issues [8][9] Market Data and Key Indicators Changes - The performance of group companies showed favorable trends, with 87.5% reporting profits, the highest for the first half [4] - Core profit in the non-resource sector increased by ¥10 billion to ¥306 billion, while the resource sector saw a slight increase to ¥89.5 billion [13][14] Company Strategy and Development Direction - The company aims to strengthen its profit base through growth investments while fulfilling commitments to stakeholders [21] - The management policy emphasizes profit opportunities shifting downstream and the necessity of investment for growth [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in steady progress towards achieving the annual forecast, supported by a solid profit base in non-resource sectors and turnaround in the pork business [2][3] - The company anticipates a ¥40 billion increase in profit for Textile due to extraordinary gains from consolidation in the second half [11] - A downward revision of ¥40 billion for Metals & Minerals was made due to falling iron ore prices [11][12] Other Important Information - The company aims for a total payout ratio of 50% for FYE 2025, with a dividend per share increase to ¥200, marking the 10th consecutive year of dividend increases [19] - The largest-ever share buybacks of ¥150 billion are underway, with about half completed as of the end of October [19] Q&A Session Summary - No specific questions or answers were recorded in the provided content [22]
Itochu: Best In Class But Now Fully Valued (Rating Downgrade)
Seeking Alpha· 2024-11-07 12:13
I've often mentioned in my articles on ITOCHU Corp . ( OTCPK:ITOCY ) ( OTCPK:ITOCF ) that the company is the least dependent on the five major I retired early after 22 years in the energy industry with roles in engineering, planning, and financial analysis. I have managed my own portfolio since 1998 and have met my goal to match the S+P 500 return over the long term with lower volatility and higher income. I mostly write on positions I already hold or am considering changing. I prefer to hold positions for ...
Is Itochu (ITOCY) a Great Value Stock Right Now?
ZACKS· 2024-11-06 15:45
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics a ...
Itochu: Warren Buffett's Top Performing Japanese Stock With Untapped Value
Seeking Alpha· 2024-10-25 15:52
I'm a full time value investor and writer who enjoys using classical value ratios to pick my portfolio. Long-term focused on low P/B, P/FCF, Owner Earnings discounting, PEG ratios, the Graham Number and an occasional net-net hunter. I also believe tracking earnings growth versus price appreciation is an essential element to any quality evaluation.I advocate self-indexing primarily using the Dow Jones Industrial Average as my index of choice combined with Joel Greenblatt's Magic Formula. This can help with t ...
Itochu Q1: Quality On Sale
Seeking Alpha· 2024-08-06 08:50
tupungato/iStock Editorial via Getty Images Best Trading House In A Rough Neighborhood Japanese trading company stocks suffered a crash in just the first three trading days of August, down between 22 and 32% in Tokyo. ITOCHU Corp. (OTCPK:ITOCY) (OTCPK:ITOCF) was at the better end of this range, down 24.4%. Since I last reviewed the stock in April, rating it a Buy, ITOCHU has held up the best of the trading companies. It is the only one with a positive total return through 8/4. Seeking Alpha The crash does n ...
Itochu(ITOCY) - 2025 Q1 - Earnings Call Transcript
2024-08-06 03:15
Financial Data and Key Metrics Changes - The net profit for Q1 2025 was JPY206.6 billion, a decrease of JPY6.6 billion from JPY213.2 billion in the previous year, primarily due to a reduction in extraordinary gains and losses by JPY18.5 billion [2] - Core profit increased from JPY190 billion to JPY202 billion, reflecting a growth of 6.3% year-on-year, aligning with the company's target of 10% growth for the fiscal year [3][4] - The progress towards the forecast of JPY880 billion was at 23%, indicating a good start despite being slightly below expectations [4] Business Line Data and Key Metrics Changes - Textile segment reported a profit of JPY5.3 billion, up JPY0.6 billion, driven by strong performance in Japan and abroad, particularly in Hong Kong and China [9] - Machinery segment achieved a record high profit of JPY34 billion, an increase of JPY2.4 billion, aided by strong performance in auto-related and aerospace transactions [10] - Metals & Minerals segment saw a profit of JPY52.5 billion, down by JPY3.7 billion, impacted by decreased prices of iron ore and coal, although a weaker yen contributed an increase of JPY700 million [11] - Energy & Chemicals segment reported a profit of JPY17.8 billion, down by JPY19.6 billion, largely due to extraordinary gains last year [12] - Food segment's profit was JPY19 billion, down by JPY1.8 billion, but core profit increased by JPY1.7 billion due to strong performance in food distribution [13] - General Products & Realty segment reported a profit of JPY18.8 billion, up by JPY1.4 billion, with strong domestic business performance [14] - ICT & Financial Business segment's profit was JPY16 billion, up by JPY1.6 billion, supported by strong transactions in retail finance [15] - The 8th segment reported a profit of JPY10.9 billion, up by JPY0.3 billion, driven by increased daily sales at FamilyMart [16] Market Data and Key Metrics Changes - The average exchange rate in Q1 was JPY155.85 to the dollar, with a depreciation of JPY21.2, resulting in a JPY15 billion impact on after-tax profit, particularly affecting Metals & Minerals and Machinery [19] Company Strategy and Development Direction - The company announced a JPY150 billion share buyback and two tender offers totaling JPY220 billion, indicating a commitment to shareholder returns and growth investments [5][6] - The company aims to allocate cash for shareholder returns and growth investments equally, targeting a total shareholder return of 50% [5] Management Comments on Operating Environment and Future Outlook - Management acknowledged challenges in resource businesses but noted improvements in non-resource sectors, indicating a mixed outlook for the future [7] - The company emphasized the importance of investments for growth, with preparations underway for execution [4] Other Important Information - The core operating cash flow reached a record high of JPY238.8 billion, an increase of JPY66 billion [20] - Total major new investments in Q1 amounted to JPY118 billion, with a net investment of JPY98 billion after accounting for exits [22] - 84.5% of the group companies were profit-making, with 160 companies increasing profits compared to the previous year [23] Q&A Session Summary - No specific questions or answers were recorded in the provided content, indicating the end of the Q&A session [24]
Itochu: Recent Developments Are Favorable (Rating Upgrade)
Seeking Alpha· 2024-06-20 17:30
ITOCHU Corporation (OTCPK:ITOCF) (OTCPK:ITOCY) [8001:JP] is rated as a Buy. Latest Intellectual Property Acquisition Is Aligned With New Strategy Key Downside Risks According to a prior July 11, 2023 news commentary published in The Japan Times, "more than half of Japanese companies conducting stock splits" between January and early-July last year "outperformed the (benchmark) Topix index a month after announcing the move." Therefore, it is likely that Itochu's shares will outperform going forward, if the c ...