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ITOCHU (8001) investor relations material
ITOCHU Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 net profit attributable to shareholders reached a record ¥580.5bn, up 16% YoY; core profit hit a record ¥504.5bn, up 33%.
Growth was broad-based across all segments; non-resource core profit rose 30% to ¥427.0bn.
FY2026 net profit forecast remains ¥950.0bn; H1 progress was 61% for net profit and 56% for core profit.
Financial highlights
Revenue was ¥7,929.7bn, up 9.4% YoY; gross trading profit was ¥1,316.7bn and trading income was ¥413.2bn, up 16.7%.
Net profit attributable to shareholders was ¥580.5bn versus ¥500.3bn; profit before tax was ¥703.5bn versus ¥662.0bn.
Core profit rose ¥125.5bn to ¥504.5bn; non-resource profit increased ¥99.0bn to ¥427.0bn and resource profit rose ¥26.5bn to ¥77.5bn.
Equity-method earnings increased to ¥230.5bn from ¥160.2bn; gains on investments were ¥44.3bn versus ¥136.0bn, partly reflecting prior-year asset-sale gains.
Extraordinary gains and losses were a net gain of ¥76.0bn, down ¥45.5bn YoY; FY25 H1 included ¥88.0bn from the C.P. Pokphand sale.
Outlook and guidance
FY2026 forecasts remain ¥950.0bn net profit and ¥900.0bn core profit; the ¥40.0bn loss buffer is unchanged.
Segment net profit forecasts include Machinery ¥220.0bn, Metals & Minerals ¥172.0bn, Food ¥115.5bn and Energy & Chemicals ¥111.5bn.
Energy & Chemicals expects H2 slowdown as chemical raw-material supply disruptions ease; General Products & Realty is weighted toward H2, partly due to real estate sales timing.
Future profit targets rose to ¥100.0bn for Digital Value Chain, ¥50.0bn for North American Power and ¥30.0bn for DESCENTE.
- Integrated U.S. platforms target growth across power, construction materials, and real estate.8001
Corporate presentation - JPY 1.5 trillion in investments targets 10% profit growth via data-driven value chains.8001
Investor Day 2026 - Pursuing 15% ROE and 10% growth via disciplined investments and digital transformation.8001
Corporate presentation - Tokyo Century and ITOCHU create a USD 1.95B joint venture to accelerate ACG's global growth.8001
Investor presentation - Record Q1 profits, strong investments, and a ¥300B buyback drive robust FY2026 outlook.8001
Q1 2027 - Strong profit growth, high ROE, and disciplined asset allocation drive sustainable value.8001
Investor presentation - Record profit and strong cash flows set the stage for higher returns and growth in FY2026.8001
Q4 2026 - Net profit targets in North American power business raised to JPY 30 billion, led by renewables.8001
Investor Update - Record net profit, dividend hike, and share split highlight strong non-resource sector growth.8001
Q2 2026
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