ITOCHI (8001 JT) FY25/26 (JPY) Net 900.3bln (prev. 880.3bln Y/Y), Pretax profit 701.9bln (prev. 683.9bln Y/Y), plans to execute share buybacks of at least JPY 300bln through to FY27
It appears Itochu has reported solid year-on-year growth in both net and pretax profits, indicating strong operational performance.
Mitsubishi (8058 JT) FY25/26 (JPY) Net 800.5bln (prev. 950.7bln Y/Y), Pretax Profit 1.10tln (prev. 1.39tln Y/Y), Revenue 18.9tln (prev. 18.6tln Y/Y)
Local governor says port infrastructure in Ukraine's Odesa region was damaged and wounded two people
ITOCHI (8001 JT) FY25/26 (JPY) Net 900.3bln (prev. 880.3bln Y/Y), Pretax profit 701.9bln (prev. 683.9bln Y/Y), plans to execute share buybacks of at least JPY 300bln through to FY27
Sumitomo (8053 JT) FY25/26 (JPY): Net 600.3bln (prev. 561.9bln Y/Y), Operating profit 702bln (prev. 695.6bln Y/Y), announces a JPY 80bln share buyback and 1-for-4 stock split
Diageo (DGE LN) CEO announced a strategic push into the ready-to-drink beverages category at a meeting with staff on Tuesday, FT reports citing sources
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The announcement of a substantial share buyback of at least JPY 300 billion through FY27 suggests confidence in future cash flows, which could bolster investor sentiment and support the stock price in the near term.
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