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Business Summary

ITOCHU Corp. engages in business of product trading and business investment activities. It operates through the following segments: Textile; Machinery; Metals and Minerals; Energy and Chemicals; Food; ICT and Realty; and Others. The Textile segment covers fiber, raw materials, textile fabrics, clothing apparel, and brand marketing business. The Machinery segment includes plant projects, marine, aerospace, automobile, construction machinery, industrial systems, and life and healthcare business. The Metals and Minerals segment offers metals and mineral resources, steel and non-ferrous products, and coal, nuclear, and solar business. The Energy and Chemicals segment pertains to oil and gas trading, energy resources development, and chemicals business. The Food segment focuses on food resources, product processing, midstream distribution, and retail business. The ICT and Realty segment deals with forest products, general merchandise, ICT, insurance, logistics, construction, realty, and financial business. The Others segment includes the overseas legal corporations in the United States, United Kingdom, Australia, China and Hong Kong. The company was founded by Chubei Itoh in 1858 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit1,621.30B14,427.88M
Operating income560,149M4,984.74M
Income before tax858,594M7,640.59M
Net income820,269M7,299.54M
Diluted EPS552.854.91
Dividends Per Share1100.97
Total Assets12,153.65B100,133.12M
Total liabilities7,389.95B60,885.34M
Total equity4,199.32B34,597.94M
Operating cash flow801,163M7,129.51M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 5,510.05B 11,595.36B 10,975.06B 10,334.15B 12,264.51B
Gross Profit 1,166.23B 1,470.61B 1,483.42B 1,441.74B 1,621.30B
Operating income 315,819M 356,476M 396,588M 381,400M 560,149M
Income before tax 537,858M 695,383M 701,430M 512,475M 858,594M
Net income 400,333M 500,523M 501,322M 401,433M 820,269M
EBITDA 431,035M 511,647M 814,159M 799,238M 957,875M
Diluted EPS 257.94 324.06 335.58 269.82 552.85
Dividends Per Share 70 83 85 88 110
Total Assets 8,663.93B 10,098.70B 10,919.59B 11,178.43B 12,153.65B
Total liabilities 5,679.58B 6,408.58B 7,078.98B 7,308.19B 7,389.95B
Total equity 2,669.48B 2,936.90B 2,995.95B 3,316.28B 4,199.32B
Operating cash flow 388,212M 476,551M 878,133M 895,900M 801,163M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 49,715.22M 104,561.93M 100,942.62M 97,439.24M 109,141.45M
Gross Profit 10,522.46M 13,261.35M 13,643.73M 13,593.97M 14,427.88M
Operating income 2,849.51M 3,214.54M 3,647.59M 3,596.16M 4,984.74M
Income before tax 4,852.89M 6,270.66M 6,451.36M 4,832.05M 7,640.59M
Net income 3,612.05M 4,513.49M 4,610.88M 3,785.05M 7,299.54M
EBITDA 3,889.06M 4,613.81M 7,488.18M 7,535.89M 8,524.09M
Diluted EPS 2.32 2.92 3.08 2.54 4.91
Dividends Per Share 0.63 0.74 0.78 0.82 0.97
Total Assets 81,466.24M 91,238.23M 101,149.53M 101,162.28M 100,133.12M
Total liabilities 53,404.65M 57,899.33M 65,573.51M 66,137.48M 60,885.34M
Total equity 25,100.91M 26,533.93M 27,751.84M 30,011.59M 34,597.94M
Operating cash flow 3,502.69M 4,297.33M 8,076.58M 8,447.31M 7,129.51M

Valuation Measures

Mar 2022
Operating margin4.56%
Profit margin6.68%

Key executives

  • Chairman & Chief Executive Officer: Masahiro Okafuji
  • President, COO & Representative Director: Keita Ishii
  • CFO, Representative Director & Executive VP: Tsuyoshi Hachimura
  • Representative Director & Executive Vice President: Fumihiko Kobayashi
  • Executive Officer: Yoichi Ikezoe


  • ITOCHU Corp. (8.0%)
  • Berkshire Hathaway, Inc. (Investment Management) (6.2%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • Asset Management One Co., Ltd. (3.0%)
  • MS&AD Insurance Group Holdings, Inc. (2.2%)
  • The Vanguard Group, Inc. (2.2%)
  • Nippon Life Insurance Co. (2.1%)
  • Mizuho Financial Group, Inc. (1.9%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

Contact Details

  • Website:
  • Address: 2-5-1 Kita-Aoyama, Minato-Ku, Tokyo, 107-8077, Japan
  • Phone: +81.3.3497.2121

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Last Updated on 24 Mar, 2023

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