Slide 1: FYE 2024 3rd Quarter Business Results Summary
FYE 2024 3 rd Quarter Business Results Summary February 5, 2024 Forward-Looking Statements Data and projections contained in these materials are based on the information available at the time of publication, and vari ous factors may cause the actual results to differ materially from those presented
Slide 2: Summary of Financial Results for FYE 2024 3rd Quarter
Summary of Financial Results for FYE 2024 3 rd Quarter （Unit : billion yen） ◼ “Net profit attributable to ITOCHU” was ¥611.7 bil. The progress toward the annual forecast, which was revised upward at the Q2 financial announcement, was 76%, steadily progressing towards the achievement of over ¥800.0 b
Slide 3: Net profit attributable to ITOCHU by Segment
Net profit attributable to ITOCHU by Segment （Unit : billion yen） Summary of Changes from the Same Period of the Previous Fiscal Year (*1) FYE 2023 FYE 2024 FYE 2024 Q1-3 Q1-3 Forecast Results Results (Disclosed on Nov. 6) Textile [Inc/(Dec)：¥(0.6) bil.(incl. Extra. G&L.（*3）：(2.0)) , Progress：57％] 8
Slide 4: Core Profit (YoY Factor Comparison)
Core Profit (YoY Factor Comparison) 【Total】 （Unit : billion yen） FYE 2023 Q1-3 Results FYE 2024 Q1-3 Results Non-Resource 1.0 Resource (9.5) Coal (24.5) Approx. Others (3.0) Crude oil (1.5) Non-Resource (30.0) Resource (2.0) Non-Resource 4.0 48.0 ＊634.0 Others 4.0 Resource 11.0 Approx. (11.5) 583.5
Slide 5: Extraordinary Gains and Losses
Extraordinary Gains and Losses （Unit : billion yen） FYE 2023 FYE 2024 Segments Q1-3 Results Major items Q1-3 Results Major items [Q3] [Q3] [Q3]Gain on the partial sales of Textile 2.0 2.0 － － an industrial-material-related company:1.0 [Q1, Q3]Losses on aircraft leased to Russian airlines in a leasin
Slide 6: Cash Flows
Cash Flows （Unit : billion yen） ◼ Operating Cash Flows and Free Cash Flows: “Cash flows from operating activities” was a net cash-inflow of ¥626.3 bil., due to the stable performance in operating revenues in The 8th, General Products & Realty, and Food Companies and dividends received from equity me
Slide 7: Financial Position
Financial Position （Unit : billion yen） ◼ Total Assets: Increased by ¥1,244.2 bil., compared to March 31, 2023 to ¥14,359.6 bil., due to the increase in trade receivables and inventories resulting from the increase of trading transactions, the conversion of DAIKEN into a consolidated subsidiary, and
Slide 8: Assumptions
Assumptions FYE 2023 FYE 2024 FYE 2024 (Reference) Q1-3 Q1-3 Forecast Sensitivities on net profit attributable to ITOCHU for Results Results (Disclosed on Nov. 6) FYE 2024 Q4 Approx. Average 135.08 142.09 140 1 Yen ±¥0.8 bil.(*1) Exchange rate fluctuation (Yen/US$) Mar. Dec. against US$ 2023 2023 Cl
Slide 9: Appendix: Supplementary Information on FYE 2024 3rd Quarter Business Results Summary
Appendix Supplementary Information on FYE 2024 3 rd Quarter Business Results Summary (*) As of October 1, 2022, ITOCHU dissolved the mutual-holdings for certain group companies held by The 8th Company as minority and the other Division Company as majority, and shares of such group companies are only
Slide 10: Textile
Textile FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 85.1 94.8 + 9.7 141.0 67% Equity in earnings of associates and Decreased due to the absence of extraordin
Slide 11: Machinery
Machinery FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 171.1 176.2 + 5.1 234.0 75% Decreased due to the absence of extraordinary Plant Project, Marine & Aeros
Slide 12: Metals & Minerals
Metals & Minerals （Unit : billion yen） FYE 2023 FYE 2024 Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 184.2 150.3 (34.0) Decreased due to lower coal prices and lower 185.0 81% Equity in earnings of
Slide 13: Energy & Chemicals
Energy & Chemicals FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 239.4 203.6 (35.8) Decreased due to the absence of favorable 280.0 73% Energy 127.6 87.3 (40.3
Slide 14: Food
Food FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 258.1 291.0 + 32.9 Increased due to the improvement in logistics 367.0 79% Equity in earnings of associates
Slide 15: General Products & Realty
General Products & Realty FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 173.9 204.2 + 30.4 270.0 76% Forest Products, Decreased due to the absence of favorable
Slide 16: ICT & Financial Business
ICT & Financial Business FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 211.5 206.6 (4.9) 294.0 70% Increased due to the stable transactions in ICT 140.3 129.6
Slide 17: The 8th
The 8th FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Progress Gross trading profit 292.3 321.4 + 29.1 Increased due to the increase in daily sales along 420.0 77% Equity in earnings of ass
Slide 18: Others, Adjustments & Eliminations
Others, Adjustments & Eliminations FYE 2023 FYE 2024 （Unit : billion yen） Q1-3 Q1-3 Increase/ Summary of changes FYE 2024 Results Results Decrease (Net profit attributable to ITOCHU) Forecast Gross trading profit 18.8 0.4 (18.4) Decreased due to lower earnings in 9.0 Equity in earnings of associates
Slide 19: Investments
Investments （Unit : billion yen） FYE 2023 Results FYE 2024 Q1-3 Results Major New Investments [Quarter Mainly Invested In] [Q1-3] Major New Investments [Quarter Mainly Invested In] [Q3] ◆ Acquisition of a North American ◆ Additional investment in ITOCHU Techno-Solutions [Q2] engineered wood products
Slide 20: Core Free Cash Flows and EPS
Core Free Cash Flows and EPS （Unit : billion yen） FYE 2022 FYE 2023 FYE 2024 FYE 2024 Results Results Q1-3 Results Plan Core operating cash flows (*1) 790.0 * 871.0 615.0 Actively promote strategic investments Net investment cash flows (*2) 47.0 (393.0) (419.0) in a timely manner and accelerate asse
Slide 21: Consolidated Statement of Comprehensive Income
Consolidated Statement of Comprehensive Income （Unit : billion yen） FYE 2023 FYE 2024 Increase/ Q1-3 Q1-3 Summary of changes Decrease Results Results Revenues 10,544.2 10,451.1 (93.2) Gross trading profit 1,634.4 1,648.4 + 14.0 Selling, general and Personnel expenses (14.8)[(461.1)→(475.8)], Service
Slide 22: Consolidated Statement of Cash Flows (Major items)
Consolidated Statement of Cash Flows (Major items) FYE 2023 FYE 2024 Q1-3 Reference information Q1-3 Reference information （Unit : billion yen） Results Results Net profit 719.7 654.1 Depreciation and amortization +304.0 Depreciation and amortization +311.3 Textile +6.0, Machinery +18.5, Metals & Min
Slide 23: Performance of Group Companies attributable to ITOCHU
Performance of Group Companies attributable to ITOCHU （Unit : billion yen） Components of Consolidated Net profit attributable to ITOCHU Profits/Losses of Group Companies FYE 2023 FYE 2024 FYE 2023 FYE 2024 Increase/ Increase/ Q1-3 Q1-3 Q1-3 Q1-3 Decrease Decrease Results Results Results Results Pare
Slide 24: Operating Segment Information (Trading income/Total assets)
Operating Segment Information (Trading income/Total assets) FYE 2023 FYE 2024 Increase/ （Unit : billion yen） Trading income Q1-3 Q1-3 Summary of changes Decrease Results Results Increased due to the stable performance in apparel-related companies resulting from the recovery of retail market because
Slide 25: Operating Segment Information (Quarterly Information)
Operating Segment Information (Quarterly Information) （Unit : billion yen） FYE 2023 FYE 2024 Q1 Q2 Q3 Q4 Yearly Q1 Q2 Q3 Q4 Yearly Gross trading profit 525.0 559.4 550.0 495.5 2,129.9 517.9 549.8 580.7 1,648.4 Consolidated total Trading income 183.0 205.5 185.9 127.5 701.9 167.2 183.7 188.2 539.1 Ne
Slide 26: Operating Segment Information (Quarterly Information)
Operating Segment Information (Quarterly Information) （Unit : billion yen） FYE 2023 FYE 2024 Q1 Q2 Q3 Q4 Yearly Q1 Q2 Q3 Q4 Yearly Gross trading profit 82.5 88.1 87.5 72.8 330.9 88.6 98.2 104.2 291.0 Food Trading income 19.3 21.6 17.5 7.6 65.9 23.7 29.7 31.3 84.8 Net profit attributable to ITOCHU 18
Slide 27: Operating Segment Information (Quarterly Core Profit)
Operating Segment Information (Quarterly Core Profit) （Unit : billion yen） FYE 2023 FYE 2024 Q1 Q2 Q3 Q4 Yearly Q1 Q2 Q3 Q4 Yearly Core Profit total (*) 211.0 219.0 204.0 153.5 787.5 190.0 193.5 200.0 583.5 Non-Resource 141.5 170.6 156.0 106.2 574.3 141.8 153.9 147.3 443.0 (*) Core Profit total figu
Slide 28: FYE 2024 Shareholder Returns Policy
FYE 2024 Shareholder Returns Policy Dividends ✓ Dividend per share is ¥160 per share, an increase of ¥20 from the previous fiscal year. Share buybacks ✓ Executing additional ¥75.0 billion of share buybacks (Annual Total : ¥100.0 bil.*) . in consideration of the market conditions and situation of cas