ITOCHU Corporation
8001・Prime Market・Wholesale Trade
Governance
As a company with a Board of Corporate Auditors, the Board of Directors consists of 8 directors (4 internal, 4 outside; outside director ratio of 50%). The company has established an optional advisory committee, the "Governance, Nomination and Compensation Committee," chaired by an outside director, along with a "Women's Empowerment Promotion Committee," and maintains a policy of continuously keeping the outside director ratio at one-third or higher.
Risk Management
The company has adopted a Three Lines Model based on the COSO-ERM framework, establishing a structure comprising the first line (business segments), the second line (HMC and various committees), and the third line (Internal Audit Department). The status of management of key risks is reported to the Internal Control Committee and the Board of Directors on a semi-annual basis, and sustainability risks such as climate change (TCFD), natural capital (TNFD), and human rights due diligence are also managed in an integrated manner.
Shareholder Returns
Progressive dividend policy explicitly stated as a management policy. Dividends per share for FY2025 (fiscal year ending March 2026) were ¥42 after considering the stock split (¥210 before the split), with a payout ratio of 32.8%. For FY2026, the policy targets dividends per share of ¥44 or more, and share buybacks of ¥300 billion or more are planned.
Dividend Policy
Progressive dividend policy explicitly stated as a management policy. Dividends per share for FY2026 (fiscal year ending March 2027) are targeted at ¥44 or more (on a post-stock-split basis). The payout ratio target is approximately 32%. Dividends are paid twice a year, as an interim dividend and a year-end dividend.
ESG
Based on the corporate philosophy of "Sanpo-yoshi" (benefit for all three parties), the company has identified seven materiality items and is advancing initiatives including climate change response (targeting net-zero GHG emissions by 2050 and a 40% reduction by 2030 versus 2018 levels), TCFD and TNFD disclosures, human rights due diligence, human capital investment (¥2.7 billion in FY2025), and a target of 30% female executive ratio by 2030. A Sustainability Committee, led by the CAO, manages these initiatives, with oversight provided by the Board of Directors.
Last updated: June 12, 2026