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ITOCHU (8001) investor relations material
ITOCHU Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated net profit for Q1-3 FY2025 reached a record ¥705.3bn, up 4.3% year-over-year, with 78% progress toward the full-year forecast of ¥900bn.
Non-resource sectors, especially Food, Textile, ICT & Financial, and The 8th, drove profit growth, offsetting declines in resource sectors.
Shareholder returns enhanced with a total payout ratio of 52%, including a dividend per share of ¥42 and share buybacks totaling ¥170bn.
Major turnaround projects and capital restructuring, such as IFL and DESCENTE, were completed, supporting future growth.
Total comprehensive income attributable to shareholders increased 34.0% year-over-year to ¥1,005.1bn.
Financial highlights
Operating cash flows for Q1-3 FY2025 hit a record ¥718.7bn, up ¥12.4bn year-over-year.
Core profit for Q1-3 was ¥573.5bn, with non-resource core profit at a record high of ¥613.4bn.
Gross trading profit increased to ¥1,825.8bn, up ¥54.8bn year-over-year.
Profit before tax increased to ¥946.1bn from ¥899.2bn year-over-year.
Total assets rose to ¥16.6tn as of December 2025, up ¥1.4tn from March 2025.
Outlook and guidance
Full-year consolidated net profit forecast maintained at ¥900bn; core profit forecast revised to ¥800–820bn.
Basic earnings per share for the full year is projected at ¥127.96 (post-split basis).
ROE target set at approximately 15%.
Investment cap for FY2025 set at ¥1tn, with net DER to remain below 0.6x.
Non-resource sector expected to continue strong performance, with further growth in DESCENTE, North American power, CTC, and FamilyMart.
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