Annual Report 2022 (Digital Edition)
This section describes the historical background of how and why we have built up strengths and non-financial capital and provides examples of the ways in which we combine different types of non-financial capital.
Also, we explain financial and capital strategies, including the business investment and post-investment monitoring process, which is one of two pillars that underpin our business development.
In this section, we look back on a trajectory of steady enhancement of corporate value realized by implementing the “Brand-new Deal” strategy under a series of management plans that began in FYE 2012. We also explain our record-setting results in FYE 2022 and the FYE 2023 management plan, which covers the second year of the medium-term management plan “Brand-new Deal 2023.”
Our aim in this section is to give an overview of business transformation and development that begins from frontline operations in accordance with the basic policies of “Realizing business transformation by shifting to a market-oriented perspective” and “Enhancing our contribution to and engagement with the SDGs through business activities,” which are set out in the medium-term management plan “Brand-new Deal 2023.”
Also, a special feature provides numerous specific examples of such initiatives.
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Our Business Model, as Seen through Business Development
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FamilyMart’s Goal of Renewed Growth /
Evolution of Value Chains, Starting with FamilyMart -
Self-Transformation in Anticipation of Changes in the Market of the ICT & Financial Business Company
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Polishing Business through a Hands-On Management Style
(DESCENT LTD. and YANASE & CO., LTD.) -
New Steppingstones for the Advancement of the Construction Machinery Business (Hitachi Construction Machinery Co., Ltd.)
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Business Expansion in Accordance with a Decarbonized Society
(Distributed Power System Supply Platform) -
Sustained Growth through Strengthening the Value Chain
(Natural Rubber and Tire Business)
With an emphasis on the relevance to our businesses, this section focuses on initiatives to promote sustainability and includes a PEST analysis of macroenvironmental factors. In addition, we explain our corporate governance structure and policies with reference to the Women’s Advancement Committee, which was established in FYE 2022, as well as the human resource strategy original and distinctive to ITOCHU that supports sustained growth.
In the context of strengths, risks, opportunities, and other factors in each business field, this section outlines the strategies of the Division Companies that comprise ITOCHU’s business portfolio. The explanation is given with an awareness of the corporate value calculation formula (with a view to investment decisions) and the bearing these strategies have on material issues.
Annual Report 2022 PDF Download
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- Introduction(PDF 1,702KB)
- Editorial Policy / Contents(PDF 158KB)
- Management Messages(PDF 362KB)
- The "Merchant" Business Model(PDF 361KB)
- 01 Driving Force for Sustainable Value Creation(PDF 2,055KB)
- 02 Achievement of Short-Term Targets(PDF 565KB)
- 03 Steppingstones to Medium- to Long-Term Value Creation(PDF 2,063KB)
- 04 Initiatives and Systems Supporting Sustainable Growth(PDF 2,635KB)
- Business Portfolio(PDF 3,711KB)
- Data Section(PDF 501KB)
- IR Activities(PDF 229KB)
- Major Subsidiaries and Associated Companies(PDF 142KB)