Annual Report 2020 (Digital Edition)



Management Messages
CEO Message
Steadfastly following the Way of the Merchant,
ITOCHU will continue to brave turbulent seas
by staying true to the “Sampo-yoshi” philosophy.
Masahiro Okafuji
Chairman & Chief Executive Officer
COO Message
By keeping our focus firmly fixed beyond
the current difficulties
and taking forward-looking preparations,
we aim to sustainably enhance our corporate value.
Yoshihisa Suzuki
President & Chief Operating Officer
Driving Force for Sustainable Value Creation

We continue to hone the driving force for value creation, which flows through the values and corporate culture we have upheld over more than 160 years, as we strive to sustainably enhance corporate value.

Achievement of Short-Term Targets

Through “commitment-based management,” we remain intent on steadily achieving our targets for each fiscal year. We believe this is important for gaining the support of stakeholders regarding the feasibility of our medium- to long-term management strategy.

Steppingstones to Medium- to Long-Term Value Creation

While achieving our short-term targets, we reinforce measures in fields of strength, make advances in environmental businesses, and evolve businesses based on a market-oriented perspective. In such ways, we lay steppingstones for a solid growth trajectory over the medium to long term.

Initiatives and Systems Supporting Sustainable Growth

To increase the sustainability of value creation through lowering the cost of capital, we will continue to step up sustainability initiatives, pursue a human resource strategy directly linked with the enhancement of corporate value, and make advances in our corporate governance system

Business Portfolio and Financial Summary
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- Driving Force for Sustainable Value Creation(PDF 1,095KB)
- Achievement of Short-Term Targets(PDF 153KB)
- Steppingstones to Medium- to Long-Term Value Creation(PDF 677KB)