Dividend and Share Buybacks

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 ¥200.0 per share, comprising an interim dividend of ¥100.0 per share and a year-end dividend of ¥100.0 per share for FYE 2025.

Fiscal Year	2018	2019	2020	2021	2022	2023	2024	2025 (Planned)
Interim	¥32.0	¥37.0	¥42.5	¥44.0	¥47.0	¥65.0	¥80.0	¥100.0
Year-end	¥38.0	¥46.0	¥42.5	¥44.0	¥63.0	¥75.0	¥80.0	¥100.0
(Annual Total)	¥70.0	¥83.0	¥85.0	¥88.0	¥110.0	¥140.0	¥160.0	¥200.0

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 August 6, 2024 to March 31, 2025	-	28,000,000 shares	¥150.0 billion
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

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

Payout ratio (forecast)

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