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80012027 Q1PrimeIFRS

ITOCHU (8001) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥3.88T (+8.9% year on year) and operating income ¥205.5B (+20.3%). The segment drivers and cash flow follow.

ITOCHU Corporation

Commercial & Wholesale Trade/Wholesale Trade


Financial Highlights

  • Net Sales: ¥3.88T
  • Operating Income: ¥205.46B
  • Net Income: ¥303.65B
  • EPS: ¥42.02

Income Statement

ItemCurrentPriorYoY %
Net Sales¥3.88T¥3.56T+8.9%
Cost of Sales¥3.22T¥2.96T+8.6%
Gross Profit¥655.99B¥595.36B+10.2%
SG&A Expenses¥446.88B¥420.36B+6.3%
Operating Income¥205.46B¥170.74B+20.3%
Equity Method Investment Income¥111.62B¥63.87B+74.8%
Profit Before Tax¥370.00B¥374.81B−1.3%
Income Tax Expense¥66.35B¥82.53B−19.6%
Net Income¥303.65B¥292.28B+3.9%
Net Income Attributable to Owners¥293.76B¥283.94B+3.5%
Total Comprehensive Income¥377.56B¥185.20B+103.9%
Basic EPS¥42.02¥40.10+4.8%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥6.58T¥6.27T+¥313.09B
Accounts Receivable¥3.10T¥3.03T+¥66.05B
Inventories¥1.64T¥1.54T+¥98.78B
Non-current Assets¥10.60T¥10.46T+¥133.84B
Property, Plant & Equipment¥2.40T¥2.42T−¥14.77B
Total Assets¥17.18T¥16.73T+¥446.94B
Accounts Payable¥2.42T¥2.40T+¥20.34B
Non-current Liabilities¥5.13T¥4.78T+¥344.90B
Total Liabilities¥9.99T¥9.54T+¥443.97B
Total Equity¥7.19T¥7.19T+¥2.96B
Capital Stock¥253.45B¥253.45B¥0
Capital Surplus−¥511.52B−¥459.33B−¥52.19B
Retained Earnings¥6.41T¥6.27T+¥139.83B
Treasury Stock−¥725.59B−¥728.07B+¥2.48B
Shareholders' Equity¥6.77T¥6.59T+¥180.86B
Equity Ratio39.4%39.4%0.0%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥106.56B¥245.50B−¥138.94B
Investing Cash Flow−¥71.79B−¥48.51B−¥23.28B
Financing Cash Flow¥40.35B−¥210.65B+¥251.00B
Cash and Cash Equivalents¥673.42B¥593.77B+¥79.65B
Free Cash Flow¥34.77B--

Profitability Ratios

ItemValue
Book Value Per Share¥968.22
Net Profit Margin7.6%
Gross Profit Margin16.9%
Debt-to-Equity Ratio1.39x
Effective Tax Rate17.9%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+8.9%
Operating Income YoY Change+20.3%
Profit Before Tax YoY Change−1.3%
Net Income YoY Change+3.9%
Net Income Attributable to Owners YoY Change+3.5%
Total Comprehensive Income YoY Change+103.9%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)7.92B shares
Treasury Stock931.39M shares
Average Shares Outstanding6.99B shares
Book Value Per Share¥1,028.34

Segment Information

SegmentRevenueOperating IncomeAssets
EnergyAndChemicals¥873.52B¥42.37B¥1.84T
Food¥1.42T¥57.96B¥4.50T
GeneralProductsAndRealty¥394.54B¥19.45B¥1.70T
ICTAndFinancial¥278.06B¥21.82B¥1.62T
Machinery¥370.33B¥20.81B¥2.69T
MetalsAndMinerals¥341.26B¥42.92B¥1.86T
Textile¥164.22B¥6.52B¥762.97B
The8th¥3.42B−¥768M¥93.85B

Full Year Forecast

ItemForecast
Net Income Attributable to Owners Forecast¥950.00B
Basic EPS Forecast¥136.75
Dividend Per Share Forecast¥44.00
ITOCHU (8001) FY2027 Q1 Earnings Report