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US Stock MarketDetailed Quotes
ITOCY ITOCHU (ADR)
- 88.790
- -0.650-0.73%
15min DelayClose Feb 28 16:00 ET
62.94BMarket Cap11.01P/E (TTM)
89.120High88.500Low60.84KVolume88.940Open89.440Pre Close5.41MTurnover0.01%Turnover Ratio12.03P/E (Static)708.89MShares116.50052wk High1.62P/B62.94BFloat Cap79.12052wk Low2.17Dividend TTM708.89MShs Float116.500Historical High2.45%Div YieldTTM0.69%Amplitude48.310Historical Low88.846Avg Price1Lot Size
ITOCHU (ADR) News
Itochu Shokuhin Co Raises FY Dividend Plan to Y140.00
Mitsubishi Electric Corp. Unsponsored ADR, Dai Nippon etc. [List of stock materials from the newspaper]
*Mitsubishi Electric Corp. Unsponsored ADR <6503> launches a new series of PLC units, developed for the first time in 10 years, with processing speeds dozens of times faster (Nikkan Kogyo, Page 1) – ○*Osaka Gas <9532> aims to decarbonize city gas by up to 40% by 2040 (Nikkan Kogyo, Page 3) – ○*Dainikko <6635> to demonstrate rapid EV charging with solar power at its headquarters factory next month (Nikkan Kogyo, Page 5) – ○*Nippon Electric Glass <5333> acquires German company for 43.2 billion yen, expanding sub-nano membrane (Nikkan Kogyo, Page 5) – ○*Itochu <8001> to sell all fodder additives from the Sumika and Ehime factory.
Seven & I Management Buyout Bid Ends Over Failure to Secure Funding
Spot information on individual stocks (2)
Organo <6368.T> rebounded sharply after four days. Mizuho Securities upgraded the rating from Hold to Buy. The Target Price was set at 8,700 yen (previously 7,650 yen). Adish <7093.T> is under a limit-up buying condition. A partnership was established with VCAT AI, a South Korean Artificial Intelligence (AI) marketing automation company. Seven & I HD <3382.T> saw a significant decline. Reports indicate that final adjustments are being made to abandon the MBO (management buyout) proposal suggested by the founding family.
Market Chatter: Seven & I Buyout Stalls After Itochu Backs Out
JP Movers | Socionext Rose 12.69%, Leading Nikkei 225 Components, Fujikura Topped Turnover List
Market sentiment was stable today as Nikkei 225 components continued to trade sideways, with Socionext(6526.JP) being the top gainer today, rising 12.69% to close at 2300.0 yen. In addition, the top loser was Seven & i Holdings(3382.JP)，falling 11.69% to end at 2118.0 yen.
The Nikkei average rose by 56 yen, rebounding for the first time in three days, and nearly 70% of the Main Board stocks increased in value = Morning session on the 27th.
On the 27th, during the morning session, the Nikkei average stock price rose by 56.59 yen to 38,198.96 yen, rebounding for the first time in three days. The TOPIX (Tokyo Stock Price Index) also increased by 13.23 points to 2,729.63 points. At 10:04 AM, the Nikkei average reached 38,369.96 yen, up by 227.59 yen. This came after NVIDIA, a leading US semiconductor company, announced its financial results for the fiscal year ending January 2025 and its revenue forecasts for the period from February to April 2025, which exceeded market expectations, positively impacting Japanese stocks.
The Nikkei average rose by about 10 yen, with Socionext, Itochu, Fujikura, etc. among the top gainers.
As of 11:02 AM on the 27th, the Nikkei average stock price is fluctuating around 38,150 yen, about 10 yen higher than the previous day. At 10:04 AM, it reached 38,369.96 yen, up 227.59 yen. The American semiconductor giant NVIDIA announced its financial results after the regular trading session on the 26th local time. Following the outlook for revenue in February to April 2025, which exceeded the market average financial estimates, the company's stock rose in extended hours trading. Japanese stocks also followed this trend, leading to buying activity. However, after that, there was selling to wait for a rebound.
Itochu: Were Considering Request From F Seven & I Founding Family for Participation
7 & i Holdings falls sharply, with reports indicating that Itochu has abandoned its participation with the founding family.
Seven & I Holdings (7 & i HD) <3382.T> has plummeted, briefly falling 298.5 yen to reach 2100 yen. It has been reported that Itochu Corporation <8001.T> has decided to withdraw from participating in the company's privatization efforts. Amid receiving a buyout proposal from Canada's Alimantacion Kushtal, uncertainty about the future has emerged, leading to selling pressure. According to various reports, Itochu is forming a special purpose company with the Ito family, the founders of 7 & i HD, for its privatization.
Reports indicate that the parent company of 7-11 has abandoned a $58 billion management buyout plan.
According to reports, Japan's Seven & i Holdings Company will abandon the $58 billion management buyout plan led by the founding family of the retailer, after Itochu Corporation withdrew from the plan. The parent company of 7-11 convenience stores will make a decision on this matter at an upcoming Board of Directors meeting and will work to independently enhance the company's value, having previously rejected a $47 billion acquisition proposal from the Canadian convenience store giant Alimentation Couche-Tard.
Seven & I to Scrap $58 Billion Management Buyout After Itochu Withdraws, Yomiuri Says
Regarding the conclusion of consideration for the acquisition proposal of Seven & I Holdings Co., Ltd. (PDF 105KB)
Market Chatter: Itochu Withdraws From Seven & I Buyout Planned By Retailer's Founding Family, Sources Say
Symphony Holdings Buys Out Itochu in SKINS Joint Venture
Petroleum resources, light industry, etc. (additional) Rating
Upgraded - Bullish Code Stock Name Brokerage Firm Previous Changed After-------------------------------------------------------------<268A> Rigaku Nomura "Hold" "Buy" <3626> TIS GS "Hold" "Buy" <4528> Ono Pharmaceutical City "3" "2" <6752> Panasonic HD Morgan Stanley "Equal Weight" "Over Weight" <7735> Screen Morgan Stanley "Equal Weight" "Over Weight"
Rating information (Target Price change - Part 1) = Nisshin Oil, Oji Holdings, ETC.
◎ Nomura Securities (three-stage: Buy > Neutral > Reduce) Nichiyo <4403.T> -- "Buy" → "Buy", 2,880 yen → 2,960 yen M&A Cap <6080.T> -- "Buy" → "Buy", 4,400 yen → 4,500 yen SMC <6273.T> -- "Buy" → "Buy", 95,000 yen → 80,000 yen CKD <6407.T> -- "Buy" → "Buy", 4,000 yen → 3,400 yen Yokogawa Electric <6841.T> -- "Buy" → "Buy",
List of convertible stocks (Part 1) [List of Parabolic Signal convertible stocks]
○ List of stocks for Buy conversion in the market Code Stock Name Close Price SAR Tokyo Main Board <2109> DM Mitsui Sugar 3475 3355 <2181> Persol HD 241 225 <2269> Meiji HD 3070 2871 <2292> S FOODS 2372 2296 <2331> ALSOK 10921040 <2378> Renaissance 1
AI needs to be cautious and is wary of the tightening of semiconductor regulations against China.
The Nikkei average fell sharply. It ended trading at 38,237.79 yen, down 539.15 yen (estimated Volume of 1.9 billion 60 million shares). Selling started early due to the decline in US tech stocks, and the index dropped to 38,131.79 yen just after the trading began. Subsequently, targeting a self-rebound and with buying in trading company stocks, it recovered to 38,485.95 yen toward the end of the morning session. However, aggressive rebound movements were limited, continuing to consolidate around 38,300 yen. The Tokyo Stock Exchange Main Board's
The Nikkei average fell sharply by 539 points, showing unstable price movements influenced by currency exchange, as of the afternoon session on the 25th.
On the 25th, the Nikkei Average dropped significantly by 539 yen and 15 sen to 38,237 yen and 79 sen compared to the previous week's close. The TOPIX (Tokyo Stock Price Index) also fell by 11.83 points to finish at 2,724.70 points. The Nikkei Average reached 38,131 yen and 79 sen, down by 645 yen and 15 sen, at 9:20 AM. In the U.S. stock market on the 24th, the Nasdaq Composite Index declined for the third consecutive day, and semiconductor-related stocks, which have a high influence on the Nikkei Average, were affected by the SOX (Philadelphia Semiconductor Index).