Slide 1: FYE 2024 Business Results Summary & FYE 2025 Management Plan Investor Briefing
FYE 2024 Business Results Summary & FYE 2025 Management Plan Investor Briefing May 10, 2024 Forward -Looki ng S tatements Data and p rojections contai ned i n these materi al s are b ased on the i nformati on av ai l ab le at the ti me of p ub l i cation, and v ari ous factors may cause the actual r
Slide 2: Summary of Financial Results for FYE 2024
Summary of Financial Results for FYE 2024 （Unit : billion yen） ◼ “Net profit attributable to ITOCHU” was ¥801.8 bil. Established a strong foundation towards the next growth stage, with solid earning base mainly in Non-Resource sectors, contribution from strategic investments, and improvement in unde
Slide 3: NET DER, ROE and EPS commentary
Net debt-to-shareholders’ equity ratio (NET DER) was 0.51 times. This is roughly level with the previous fiscal year as an increase in shareholders’ equity offset the increase in interest-bearing debt mainly attributable to large-scale investments in ITOCHU Techno- Solutions Corporation (CTC) and DA
Slide 4: Net profit attributable to ITOCHU by Segment
Net profit attributable to ITOCHU by Segment FYE 2023 (*1) FYE 2024 （Unit : billion yen） Results Results Summary of Changes from the Previous Fiscal Year 800.5 801.8 Textile [Inc/(Dec)：¥1.5 bil.(incl. Extra. G&L.（*3）：(2.5))] 800 Increased due to the stable performance in apparel-related companies re
Slide 5: Segment profit commentary
In the Textile Company, profit increased due to the firm performance of the apparel business arising from inbound demand and a recovery in the retail market amid a rebound from the COVID-19 pandemic. On the other hand, profit decreased in the Metals & Minerals Company, Energy & Chemicals Company, Ge
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 ¥978.1 bil., recorded all-time high, due to the stable performance in operating revenues in The 8th, General Products & Realty, and Food Companies, and dividend
Slide 7: Financial Position
Financial Position （Unit : billion yen） ◼ Total Assets: Increased by ¥1,374.3 bil., compared to March 31, 2023 to ¥14,489.7 bil., due to the increase in investments accounted for by the equity method, the increase in trade receivables resulting from the increase of trading transactions, the conversi
Slide 8: FYE 2025 Management Plan
FYE 2025 Management Plan Profit Plan Shareholder Growth Returns Investments Total payout ratio Investment amount Consolidated Aiming at 50% Max. ¥1 tril. net profit Core operating cash flows Dividend after deducting shareholder ¥880.0 bil. The higher of returns in FYE 2025 ¥200 per share or + Surplu
Slide 9: FYE 2025 Management Plan: Profit plan by Segment
FYE 2025 Management Plan 【Profit plan by Segment】 （Unit : billion yen） General ICT & Others, Metals & Energy & Non- （単位：億円） Textile Machinery Minerals Chemicals Food Products Financial The 8th Adjustments & Eliminations Total Resource Resource Others & Realty Business FYE 2022 25.1 80.6 226.9 92.1 6
Slide 10: Textile
Textile （Unit : billion yen） FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 116.5 128.0 + 11.5 145.0 + 17.0 Equity in earnings of associates and Increase due to the
Slide 11: Machinery
Machinery FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ （Unit : billion yen） Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 234.8 250.4 + 15.5 255.0 + 4.7 Remain consistent due to the stable performance Plant Pr
Slide 12: Metals & Minerals
Metals & Minerals （Unit : billion yen） FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 222.0 195.9 (26.1) 197.0 + 1.1 Equity in earnings of associates and Increase du
Slide 13: Energy & Chemicals
Energy & Chemicals FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ （Unit : billion yen） Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 315.4 269.7 (45.6) 304.0 + 34.3 Energy 170.2 117.8 (52.4) 138.0 + 20.2 Decreas
Slide 14: Food
Food （Unit : billion yen） FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 330.9 380.9 + 50.0 403.0 + 22.1 Increase due to the growth in Dole, Equity in earnings of as
Slide 15: General Products & Realty
General Products & Realty FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ （Unit : billion yen） Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 225.0 280.9 + 55.9 320.0 + 39.1 Forest Products, Increase due to the im
Slide 16: ICT & Financial Business
ICT & Financial Business FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ （Unit : billion yen） Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 286.1 296.1 + 10.0 327.0 + 30.9 Increase due to higher profitability in
Slide 17: The 8th
The 8th （Unit : billion yen） FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 383.8 424.6 + 40.8 432.0 + 7.4 Remain consistent due to the improvement in Equity in earn
Slide 18: Others, Adjustments & Eliminations
Others, Adjustments & Eliminations （Unit : billion yen） FYE 2023 FYE 2024 Increase/ FYE 2025 Increase/ Results Results Decrease Plan Decrease Summary of FYE 2025 Plan a b b-a c c-b (Net profit attributable to ITOCHU) Gross trading profit 15.3 5.9 (9.4) 17.0 + 11.1 Equity in earnings of associates an
Slide 19: FYE 2025 Management Plan: Profit plan by Segment
FYE 2025 Management Plan 【Profit plan by Segment】 （Unit : billion yen） General ICT & Others, Metals & Energy & Non- （単位：億円） Textile Machinery Minerals Chemicals Food Products Financial The 8th Adjustments & Eliminations Total Resource Resource Others & Realty Business FYE 2022 25.1 80.6 226.9 92.1 6
Slide 20: Assumptions
Assumptions (Reference) FYE 2023 FYE 2024 FYE 2025 Sensitivities on net profit Results Results Plan attributable to ITOCHU for FYE 2025 Approx. Average 134.48 144.59 145(*1) ±¥3.5 bil.(*2) Exchange rate 1 Yen fluctuation (Yen/US$) against US$ Closing 133.53 151.41 140(*1) ー TIBOR 3M (¥) 0.07% 0.08%
Slide 21: (Reference) FYE 2025 Overview of Profit Plan
(Reference) FYE 2025 Overview of Profit Plan (Unit: billion yen) FYE FYE 2024 2025 Plan Core profit＋71.0 Roughly equivalent between existing business and new investments (40.0) 60.0 New investments Existing Accumulating business profits by new investments in Organic growth each segment Refining exis