Itochu : Notice Regarding the Differences between Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 and the Fiscal Year Ended March 31, 2022 of a Subsidiary (ITOCHU-SHOKUHIN Co., Ltd.)
May 01, 2023 at 10:48 am IST
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May 1, 2023
This document is an English translation of a statement written originally in Japanese. The Japanese original should be considered as the primary version.
ITOCHU Corporation
(Code No. 8001, Prime Market)
Representative Director and President and Chief Operating Officer: Keita Ishii
Contact: Suguru Amano
General Manager, Investor Relations Division (TEL. +81-3-3497-7295)
Notice Regarding the Differences between Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 and the Fiscal Year Ended March 31, 2022
of a Subsidiary (ITOCHU-SHOKUHIN Co., Ltd.)
ITOCHU Corporation announces that ITOCHU-SHOKUHIN Co., Ltd., a subsidiary of ITOCHU Corporation, provided information on the differences between non-consolidated financial results for the fiscal year ended March 31, 2023 and the fiscal year ended March 31, 2022.
Non-consolidated financial results for the fiscal years ended March 31, 2023 and March 31, 2022
(%: Changes from the previous fiscal year)
Revenues
Ordinary profit
Net profit
Millions of yen
%
Millions of yen
%
Millions of yen
%
Fiscal year ended
635,007
5.0
10,334
55.5
6,442
67.4
March 31, 2023
Fiscal year ended
604,681
-
6,646
-
3,847
-
March 31, 2022
Note: As the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. have been applied from the beginning of previous fiscal year, the respective figures for the fiscal year ended March 31, 2022 reflect the application of the said accounting standard, etc., and the changes from the previous year are not stated.
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Itochu Corporation published this content on 01 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 May 2023 05:17:08 UTC.
Itochu Corporation is a diversified group organized around 8 areas of activity:
- distribution of food products (34.9% of net sales): frozen food, vegetable oil, sweeteners, sugars, etc.;
- distribution of hydrocarbons (23.3%): hydrocarbons (natural gas, oil products, bioethanol, etc.). The group also develops manufacturing of chemical products activity;
- manufacturing and sale of industrial and construction machines, vehicles and ships (9.7%);
- production of metals and coal (8.5%);
- sale of consumer products (8.4%). The group also develops forest products sale and real estate development activities;
- distribution of computing and telecommunication equipments (7%): data transmission, Internet access, media content broadcasting and mobile telephony equipments. The group also offers financial services;
- sale of textile products (3.6%);
- other (4.6%).
Net sales are distributed geographically as follows: Japan (79.5%), Singapore (5.4%), the United States (4.5%), Australia (3.1%), China (2.8%) and other (4.7%).
Itochu : Notice Regarding the Differences between Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 and the Fiscal Year Ended March 31, 2022 of a Subsidiary (ITOCHU-SHOKUHIN Co., Ltd.)
ITOCHU CORPORATION 
