TSE:8133Oil and Gas
Itochu Enex (TSE:8133) Stock Jumps On Profit Surge And Margin Gains
The market came into Itochu EnexLtd’s Q1 2027 print with the stock already quietly grinding higher, up about 11% over three months and closing at ¥2,170 on the day of the release. The headline was clear for an energy distributor that often trades like a low growth utility. Basic earnings per share jumped to ¥83.94 in the quarter and net income reached ¥9,478m, both sitting on top of an already stronger 12 month earnings base.
Is Itochu EnexLtd trading at a genuine discount, or is this just a...