Latest news with #ItochuCorp
Kyodo News
09-08-2025
- Entertainment
- Kyodo News
Popular Japanese character "Npochamu" aims for overseas expansion
TOKYO - Japanese character "Npochamu," marketed as a goofy and rotund yoghurt fairy, is aiming to capitalize on its popularity overseas, with trading house Itochu Corp. gaining merchandising rights for countries and regions in Asia and North America. Npochamu and friend Kimimaro are already a hit among young people in Japan and South Korea, with goods such as charms featuring their likeness dangling from bags on city streets, while clips of their antics have amassed millions of views online. Created by Japanese illustrator Kawaisouni!, whose moniker comes from an expression roughly meaning "How pitiful!" in English, Npochamu started gaining attention in 2022 after the artist began posting content of the white marshmallow-like figure on social media. Itochu will develop Npochamu through a Hong Kong-based investee firm that also holds the rights to the Finnish storybook characters known as The Moomins. The Japanese conglomerate aims to increase the total annual distribution value of Npochamu content to around 150 billion yen ($1.02 billion) by 2029. Its current value is around 10 billion yen. In Japan and South Korea, a separate Japanese firm holds the rights to and manages the sales of Npochamu goods such as plushies and keychains. The Japanese government has positioned the export of goods and content like manga and video games as part of its "Cool Japan" strategy for economic growth. According to government estimates, the amount of such exports in 2022 reached 4.7 trillion yen, rivaling the scale of the steel and semiconductor industries.
Yahoo
27-06-2025
- Business
- Yahoo
Are Retail-Wholesale Stocks Lagging Itochu (ITOCY) This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Itochu Corp. (ITOCY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question. Itochu Corp. is a member of the Retail-Wholesale sector. This group includes 209 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Itochu Corp. is currently sporting a Zacks Rank of #2 (Buy). Within the past quarter, the Zacks Consensus Estimate for ITOCY's full-year earnings has moved 2.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger. Based on the latest available data, ITOCY has gained about 5.4% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 2.8%. This shows that Itochu Corp. is outperforming its peers so far this year. Another Retail-Wholesale stock, which has outperformed the sector so far this year, is The ONE Group Hospitality, Inc. (STKS). The stock has returned 53.5% year-to-date. In The ONE Group Hospitality, Inc.'s case, the consensus EPS estimate for the current year increased 184.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy). To break things down more, Itochu Corp. belongs to the Retail - Miscellaneous industry, a group that includes 18 individual companies and currently sits at #28 in the Zacks Industry Rank. This group has lost an average of 5.1% so far this year, so ITOCY is performing better in this area. In contrast, The ONE Group Hospitality, Inc. falls under the Retail - Restaurants industry. Currently, this industry has 39 stocks and is ranked #140. Since the beginning of the year, the industry has moved -0.7%. Itochu Corp. and The ONE Group Hospitality, Inc. could continue their solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to these stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Itochu Corp. (ITOCY) : Free Stock Analysis Report The ONE Group Hospitality, Inc. (STKS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
05-06-2025
- Business
- Bloomberg
Itochu to Support Pharma Firms Entering Japan to Fill Drug Needs
Two Itochu Corp. units are expanding into the business of luring more foreign drug companies to Japan, in a bid to help them develop innovative therapies for the local market that are already available overseas. The Japanese trading house's subsidiaries A2 Healthcare Corp. and ITC Venture Partners are launching an end-to-end hub service for international biotechs — arranging everything from early-stage consulting, regulatory advice and clinical testing support to post-launch distribution in Japan — according to people familiar with the matter who declined to be identified because the information isn't public.
Bloomberg
22-05-2025
- Business
- Bloomberg
Buffett's Successor Abel Met With Japan's Trading Houses
Berkshire Hathaway's next chief executive Greg Abel met with Japan's biggest trading houses this week in Tokyo, adding to signs the company is committed to holding their shares. Abel met with executives at Mitsubishi Corp., Marubeni Corp., Mitsui & Co., Itochu Corp. and Sumitomo Corp., the companies said in response to queries from Bloomberg. The Nikkei newspaper reported the meeting earlier.
Bloomberg
26-02-2025
- Business
- Bloomberg
Couche-Tard Still Seeking Seven & I Deal, Access to Financials
By and Mathieu Dion Save Alimentation Couche-Tard Inc. is keeping up its pursuit of Seven & i Holdings Co. but has yet to gain access to the Japanese company's financials, months after proposing a takeover, people with knowledge of the matter said. A competing ¥9 trillion ($60 billion) proposal by the founding Ito family and Itochu Corp. to take the operator of 7-Eleven stores private has stalled over disagreements about management control, people familiar with the discussions said this week.
