Dividend and Share Buybacks

FYE 2024 Shareholder Returns Policy

FYE 2025 Management Plan (Shareholder Returns)

Total payout ratio Aiming at 50％
- Dividends Minimum of ¥200 per share
　(Increase of ¥40 from the previous fiscal year)
- Share buybacks Approx. ¥150.0 billion

Dividend Information

ITOCHU intends to pay a full-year dividend of ¥160.0 per share, comprising an interim dividend of ¥80.0 per share and a year-end dividend of ¥80.0 per share for FYE 2024.

Fiscal Year	2018	2019	2020	2021	2022	2023	2024 (Planned)	2025 (Planned)*
Interim	¥32.0	¥37.0	¥42.5	¥44.0	¥47.0	¥65.0	¥80.0	-
Year-end	¥38.0	¥46.0	¥42.5	¥44.0	¥63.0	¥75.0	¥80.0	-
(Annual Total)	¥70.0	¥83.0	¥85.0	¥88.0	¥110.0	¥140.0	¥160.0	¥200.0

*Detailed information will be announced on May 8th.

Dividend per share and Payout ratio are as follows.

Share Buybacks

Buyback period	Method of acquisition	Total number of shares repurchased	Total amount ^*1
From November 7, 2023 to February 29, 2024	Purchase on the TSE	12,095,000 shares	¥75.0 billion
From Augsut 7, 2023 to September 30, 2023	Purchase on the TSE	4,459,000 shares	¥25.0 billion
From February 6, 2023 to March 31, 2023	(a) ToSTNeT-3 (b) Purchase on the TSEPurchase on the TSE	6,169,600 shares	¥25.0 billion
From October 10, 2022 to January 31, 2023	Purchase on the TSE	8,611,700 shares	¥35.0 billion
From January 20, 2022 to March 24, 2022	Purchase on the TSE	15,757,200 shares	¥60.0 billion
From June 12, 2020 to June 11, 2021	-	5,213,100 shares	¥13.5 billion
From June 12, 2019 to June 11, 2020	Purchase on the TSE	-^*2	-^*2
From February 6, 2019 to June 3, 2019	Purchase on the TSE	50,256,100 shares	¥100.0 billion
From December 5, 2018 January 4, 2019	(a) ToSTNeT-3 (b) Purchase on the TSE	15,097,200 shares	¥30.0 billion
May 8, 2017	ToSTNeT-3	17,120,000 shares	¥27.9 billion
Novermber 4, 2016	ToSTNeT-3	12,000,000 shares	¥16.2 billion
From July 25, 2014 to December 12, 2014	Purchase on the TSE	78,000,000 shares	¥100.7 billion

* Rounded off amount.
* There was no share buybacks during the period.

Payout ratio (forecast)

* Dividend per Share FYE 2025: ¥200.0 (Minimum)