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ITOCHU boosts growth with ¥1.5T budget, aiming higher profits in IT and aerospace sectors.

Market News
02 Oct 2026
Seeking Alpha
View Source
Bullish
ITOCHU boosts growth with ¥1.5T budget, aiming higher profits in IT and aerospace sectors.

ITOCHU Corporation is executing a ¥1.5 trillion growth budget for fiscal year 2026, with over 25% already deployed in the first quarter. The company plans to leverage a 38% stake in a Dentsu Group subsidiary to generate an additional ¥50 billion in annual IT revenues over the next five years. Additionally, an investment in Aviation Capital Group is expected to double ITOCHU's aerospace profits within 12 months and shift its business toward higher-margin after-sales services. These strategic moves support sustained mid-teens return on equity (ROE) and reinforce ITOCHU's position as a strong buy for investors.

Itochu Corporation's capital deployment plans provide context for industrial sector activity. For readers following Industrials, here is Pluang's market snapshot as of Oct 02, 2026 16:02 WIB: Among 93 priced US Industrials stocks, 71 rose and 17 fell today. Notable movers include Vertiv Holdings Co (VRT) at USD 249.74 with a 1-day change of +1.47% and a typical hold time on Pluang of 38 days, Symbotic Inc (SYM) at USD 43.80 with a 1-day change of +1.46% and a typical hold time of 22 days, and Rocket Lab USA Inc (RKLB) at USD 71.46 with a 1-day change of +1.42% and a typical hold time of 28 days. Pluang order activity shows strong buying interest in VRT (98% Buy) and SYM (70% Buy).

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