Itochu announces Taiwan dealer stake as Itochu stock costs EUR 13.06 versus EUR 12.96 bid
Published on 10/25/2026 at 17:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTaiwan deal and trading date
- On October 23, 2026, ITOCHU announced plans to acquire a 51.00 percent stake in YHCM.
- Itochu stock was quoted at EUR 13.06 at 4:57 p.m. CEST at Lang & Schwarz on October 25, 2026.
- The next Xetra session is scheduled for October 26, 2026.
ITOCHU Corporation announced on October 23, 2026, that it will acquire a 51.00 percent stake in Yungtay-Hitachi Construction Machinery Co., Ltd. The announcement is documented in the ITOCHU Corporation press release.
Market context: Market report Nikkei 225.
Weekend quote
At Lang & Schwarz, Itochu was quoted at EUR 13.06 at 4:57 p.m. CEST on October 25, 2026. The bid was EUR 12.96 and the ask was EUR 13.17. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CEST is shown by the continuously updated real-time quote of Itochu stock.
ITOCHU company development
Under the announced transaction, the shares in Yungtay-Hitachi Construction Machinery will be acquired from Hitachi Yungtay Elevator Co., Ltd., a Taiwan subsidiary of Hitachi, Ltd. Hitachi Construction Machinery will retain the remaining 49.00 percent. The investment is subject to completion of the necessary procedures, according to the company release.
ITOCHU said the initiative is its first entry into the dealership business since its capital alliance with Hitachi Construction Machinery in 2022. YHCM operates sales and service activities for construction machinery in Taiwan and has four locations, according to the release.
Next Xetra session
The next Xetra session is scheduled for October 26, 2026. The company announcement and the Lang & Schwarz quote are presented separately.
