Dividend and Share Buybacks

Shareholder Returns Policy

FY 2026 Shareholder Return Policy

Total payout ratio Aiming at 64％
- DPS ¥44.0 or higher
- Share buybacks ¥300.0 billion or more

Dividend Information

ITOCHU intends to pay a full-year dividend per share ¥44.0 or higher

Fiscal Year	2019	2020	2021	2022	2023	2024	2025	2026 (Forecast)
Interim	¥8.5	¥8.8	¥9.4	¥13.0	¥16.0	¥20.0	¥20.0	¥22.0
Year-end	¥8.5	¥8.8	¥12.6	¥15.0	¥16.0	¥20.0	¥22.0	¥22.0
(Annual Total)	¥17.0	¥17.6	¥22.0	¥28.0	¥32.0	¥40.0	¥42.0	¥44.0

*Dividend per share has been retroactively adjusted to reflect the share split on January 1, 2026 (5-for-1 split of common shares). The amounts are calculated as pre-split dividend × 1/5 (rounded to one decimal place).

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 February 9, 2026 to March 24, 2026	-	9,503,800 shares	¥20.0 billion
From May 7, 2025 to December 16, 2025	-	18,371,700 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 2026: ¥44.0 or higher