Dividend and Share Buybacks

Shareholder Returns Policy

FY 2025 Shareholder Return Policy

Total payout ratio Aiming at 50％
- The higher of ¥210 per share (pre-split basis)
- Share buybacks ¥150.0 billion or more

Dividend Information

ITOCHU intends to pay a full-year dividend of ¥210.0 per share, comprising an interim dividend of ¥100.0 per share and a year-end dividend of ¥110.0 per share for FY 2025, which corresponds to ¥22.0 per share after the share split.

Fiscal Year	2019	2020	2021	2022	2023	2024	2025	2026 (Forecast)
Interim	¥37.0	¥42.5	¥44.0	¥47.0	¥65.0	¥80.0	¥100.0	¥100.0
Year-end	¥46.0	¥42.5	¥44.0	¥63.0	¥75.0	¥80.0	¥100.0	¥22.0 (¥100.0)*
(Annual Total)	¥83.0	¥85.0	¥88.0	¥110.0	¥140.0	¥160.0	¥200.0	- (¥210.0)

*Each share of common stock owned by shareholders listed or recorded in the register of shareholders on the record date of December 31, 2025 will be split into five shares. Since this date falls on a non-business day of the shareholder register administrator, the actual record date will be December 30, 2025.

Dividend per share and Payout ratio are as follows.

(*) Pre-split basis.

Share Buybacks

Buyback period	Method of acquisition	Total number of shares repurchased	Total amount ^*1
From May 7, 2025 to December 31, 2025	-	28,000,000 shares	¥150.0 billion
From August 6, 2024 to January 14, 2025	Purchase on the TSE	19,895,800 shares	¥150.0 billion
From November 7, 2023 to February 29, 2024	Purchase on the TSE	12,095,000 shares	¥75.0 billion
From August 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 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 FY 2025: ¥210.0 (pre-split basis) (Minimum)