Itochu Corporation · TSE:8001

Itochu — Investor Presentation (June 2025)

61 slides from Itochu's investor presentation, Jun 20, 2025

1. Slide 1: 2024年度 決算 ITOCHU

   20247E SRN JT PAN /TOCWS

2. Slide 2: Consolidated net income 8,803億円

   ME ihe a Fl fot 8,803 4A = | _8ane “ove BURALE ° 2010 2024 (EB) ©2025 ITOCHU Corporation

3. Slide 3: Net income FY2024

   ME ihe a Fl fot BSE — KI AUA 202458

4. Slide 4: Net income vs peers 2010-2024

   ME ifa Fll fot totic tottotdtrdddtdr (HEF) sa anatiai 8,000 JSYhKXUNES 15FRIC _ ISR 2,000 13% 0 2010 2024 (FE) ©2025 ITOCHU Corporation

5. Slide 5: Net income by segment

   CIXAVEE ie A at ©2025 ITOCHU Corporation 8,018 A 202348 8,803 @F 20248 mi ait m tik a ze © LAS (bee mn RY m ESSE M {Atk sah m8 m ZMH

6. Slide 6: Net income by segment

   CIXVbhEl RMF os ©2025 ITOCHU Corpora tion 8,018 8,803 @5 202348 202455 i Bae m eK a ze © TRS —4bSm nm RY m ESSE © TARR tah m8 rayiul

7. Slide 7: Profit trend 2010-2024

   mattis (%) 90 INVAAVS= [D+ (F + 15y | RIES ES BIS Bi< 80 10 5010 2024 (HERE)

8. Slide 8: Profit trend 91.6%

   mattis 91.6% se oil in 0% i ° NURAVES [s+ (F +15, FE ° 24TH BS maths 91.6%. 2010 2024 (EB) ©2025 ITOCHU Corporation

9. Slide 9: Brand-new Deal

   Ria IT |i Brand-new Deal PRIDY REO wt

10. Slide 10: WECARS

    WECARS san

11. Slide 11: WECARSの約束

12. Slide 12: SBOtERLS, BAtEBZS.

    SBOtERLS, BAtEBZS. &}) 9+077-747 ra) Ht. | O § \ | Nl \ cl} BFAWME /

13. Slide 13: Agricultural film

14. Slide 14: —_—s as

    —_—s as EAR aie lltDL—h ©2025 ITOCHU Corporation

15. Slide 15: ©2025 ITOCHU Corporation

    ©2025 ITOCHU Corporation

16. Slide 16: ATV off-road vehicles

    ATV FE-IY-K eee

17. Slide 17: ( amit

    ( amit NG ee RG x \ > 2

18. Slide 18: Off-road vehicles

19. Slide 19: Jet ski

20. Slide 20: CSN Mineracao S.A.

    = CSN Mineracao S

21. Slide 21: Railway

22. Slide 22: Port

23. Slide 23: Ore processing facility

24. Slide 24: TUDVhK seFeittt Bion U—rR— 1) BRE

    TUDVhK seFeittt Bion U—rR— 1) BRE

25. Slide 25: TU hse

    TU hse (fF) 1306 he _ 120en 2020 EDS v 100 TOB (est BSE AT) BERG a DO2 AIEEE BABE 130 5. A25 2015 2018 2024 (FE) ©2025 ITOCHU Corporation

26. Slide 26: EBA and NET DER

    tkKEBA - NET DER ole 45.8965 5.0 EBA 4.0 * pas BAN 2.0 a 5 8 Jk P | 1.0 0.0 | 2010 2024 (FE) ©2025 ITOCHU Corporation

27. Slide 27: NET DER

    EBA - NET DER (f&) 1.80 60 ~=©=3NET DER 1.20 0.90 0.514% 0.60 0.30 0.00 2010 2024 (FE) ©2025 ITOCHU Corporat ion

28. Slide 28: ROE

    ROE (%) 25.0 vo = OMZEE | 15.7% @nope 15.0 12,2% 10.0 fA NS Sa 5.0 2010 2024 (#E) — tt —BALSEETY © ROMTEETREY ©2025 ITOCHU Corpora tion

29. Slide 29: Cash flow

    SB e4+y~y y1-70— (fF) na — 9,2006r: TEESE PYIIA BlinAo win 0 2010 2024 (EB) ©2025 ITOCHU Corporation

30. Slide 30: Brand-new Deal

    PRE IEIC |i Brand-new Deal PRAIDY FiMEO RE

31. Slide 31: T 0) reo: sb sus fc TRARY FEV

    (3) 200 200 T 0) reo: sb sus fc 100 TRARY FEV 2010 2024 (EB) ©2025 ITOCHU Corporation

32. Slide 32: PRE IRIC

    PRE IRIC (f8F5) 1,500 6 Orie ot 0 ACRE 1,250 oe BAK 500 __ x50 TCE IA] 50% 2016 2024 (#E) ©2025 ITOCHU Corporation 0

33. Slide 33: Share price vs TOPIX and peers

    iil #100& 130 SS Si x PiU gratin FoaL TOPIX*®? (toRa4Llt FS 24/4/1 —=TOPIX —=fhttA —= (htt —mefthetC —eftitD 25/3/31 (4/F/B) ©2025 ITOCHU Corpora tion

34. Slide 34: Market capitalization

    aie 120 (#840) 6,435P9 ve (8) 6,901F3 . MARTLOPT 24/4/11 = tt 25/3/31 (#/A/B) ©2025 ITOCHU Corporation

35. Slide 35: PBR

    PBR © 1.70% 1.75 1.50 1.25 1.00 0.75 0.50 2010 =m M4tt —fthttA —=fhttB — fthttC —=fthttD 2024 (RE) ©2025 ITOCHU Corpora tion og hii cess - Va BCRAO fit CHS) AMI MARI Sake 1.70 #.

36. Slide 36: Brand-new Deal

    PITY EMBO RmE |i Brand-new Deal

37. Slide 37: PSO Rates

    PSO Rates aA TURD ty F Ba ©2025 ITOCHU Corporation

38. Slide 38: \\S \

    \\S \ ©2025 ITOCHU Corporation

39. Slide 39: ese

    ese FRaelch6ltoaQZetRe FRAelC HOSEL WD oct 2 O 3 OF WE taxtten = G | = SReIC HDS ZOTELE 30% ada [nn

40. Slide 40: SRElCSitSoZkReA

    a SRElCSitSoZkReA (&) 15 Wwe WE taxes — Yc Cea OlBeHE BA 2 4 | i OTE as 10 ry CIARBERAR axe A FES ZO. EZ Hee 20204 2021} 2022 2023 2025 & 2030 (ER)

41. Slide 41: SRA

    ae SRA (4) 15 WD toicties WE tacts 10 47% , 28% SQealo HAS L CBIFS RES at REBUT RS

42. Slide 42: _ ae SORE REE

    _ ae SORE REE Ne a ae eee 4 oe EEE ee a P) i, Sk yess ill 5 NSSEN 2 ee ee a, eit il “+ sms t rams wr smu” eeuteauae imc Sm oo rT tae = Bre 7 aa tks bedss St aiiaese all L

43. Slide 43: ITATFVyvIo

    ITATFVyvIo ANE OSE RRRAIC Bitte EAS fmaeyCKEINVKERE re) =| ; 0 96% Per a0 MUSE - 53% 40 20 er crerer sto Be 20235 202458 FEB Rate! WIE J TILFVYITNY KORE ©2025 ITOCHU Corporation

44. Slide 44: Diversity 2025

    Otas oS REE yle Diversi y 2025

45. Slide 45: KENKO Investment for Health

    fie BRE S £8 1 KENKO Investment for Health ©2025 ITOCHU Corporation

46. Slide 46: PRIZE AHO

    PRIZE AHO ERE] EX pe S600 mut GEAR BK) ©2025 ITOCHU Corporation

47. Slide 47: GPIF

    / The GPIF Brand-new ve Deal Setoiwos SEE ‘| | ig . - ; c 7 = * a srnnmra, ‘TOCA ITOCHU Corporation

48. Slide 48: ho etLaRe J

    ho etLaRe J z ©2025 ITOCHU Corporation

49. Slide 49: MDT

    ©2025 ITOCHU Corporation MDT tx |"[REbee

50. Slide 50: aed, — | nd ( Fe J-\alea\ al +

    = —- =. = = gm =, aed, — | nd ( Fe J-\alea\ al + a a eS | > ed | i es tod) Qi!) = re ad L aD | fy, }) f

51. Slide 51: S&P Global CSA 2024 score

    SEP Global “ee HOOKERS ITOCHU Corporation 7, 690 4L02) A ‘N “Ss Trading Companies & Distributors Corporate Sustainability Assessment (CSA) 2024 Score 71/100 TnP ; Score date | —s February 5, 2025 For terms of use, visit www.spglobal.com/yearbook. ©2025 ITOCHU Corporation

52. Slide 52: MSCI ESG Ratings

    MSCI ESG RATINGS ccc A TH FRAYZAES Game fm ivie LOY, 2 5 ee CHEE

53. Slide 53: rimA Des TT

    rimA Des TT Pga 6288 we li aT a8 sn/ Lae ga ercmil/ Esk Q LIRR EvE aril a] RRA ea Porn gam SRE Te) (10) (Te) (Te) (1) (1a) 4m met Ta) Da) (Va) OTe) CT) 1) 1)

54. Slide 54: 2025 targets: net income

    2025 Re Sate Bieta) (FA) % 10,000 0.0000, SESE 8,803 4A 8,000 6,000 YI Leb: Wwe CI] AIT LL: 77 \\ j 4,000 K y) a 9,000 85. 0 2010 2025 (FE) ©2025 ITOCHU Corporation

55. Slide 55: 2025 Brand-new Deal

    2025 Rte aril RAST) |i Brand-new Deal PETS REO FL ©2025 ITOCHU Corporation

56. Slide 56: 2025 ROE

    20255FR i stil (ROE) 2025 (BR) — tt — REE

57. Slide 57: 2025 NET DER

    2025-2 Sat (NET DER) v6 pa te ik 0 RTE 1.00 0.60 un2@ 0.63% Ze EF 0.20 0.00 2010 2025 (FE) ©2025 ITOCHU Corporation

58. Slide 58: 20257 Eat ial (Acs)

    20257 Eat ial (Acs) (iit Brand-new Deal 1#RY7E YU BY Z@OOL .200 5. = K/zIk PETTY EMME mE M4) 0) Serva

59. Slide 59: 2025 Rit Sarl (Acs)

    2025 Rit Sarl (Acs) (fF) vane oe BESMHETT30% — 1747-0 Be 200F4 2 ©2025 ITOCHU ation

60. Slide 60: (f3FA)

    (f3FA) 1,500 1,000 500 2025 F Ri Sate (ACRAR) #1, 700 A 1,500 ¢@- 2016 2025 (EB) 102% ACRES

61. Slide 61: 商社三冠

ITOCHU — Investor Presentation (June 2025) on 6ix