ITOCHU Announces Annual Report 2018 Selected as “Outstanding Integrated Report” by GPIF’s Domestic Equity Managers
February 1, 2019
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that its Annual Report 2018 has been selected as “Outstanding Integrated Report” and “Highly-Improved Integrated Report” chosen by 17 asset managers that are entrusted with the domestic equities of the Government Pension Investment Fund (GPIF).
Regarding “Outstanding Integrated Report,” it has received high evaluations from the most asset managers (eight managers) among all the selected companies.
The followings are main comments from the asset managers who highly evaluated ITOCHU’s report.
· The management messages not only explain the strategy of the management philosophy, but also touch on the experiences and views of the management team.
· The origin of the foundation and the thoughts of managements, as well as the business model and the value chain are well integrated.
· The concept of how to sustain the corporate value that the company has steadily expanded toward the next generation is well conveyed.
In addition, ITOCHU has received the Award for Excellence at the Nikkei Annual Report Awards 2018 held by Nikkei Inc.
ITOCHU will continue its efforts to further improve its integrated report and will communicate useful financial and non-financial information to stakeholders, especially investors.