Full Year 2021 Itochu Corp Earnings Presentation Transcript

May 12, 2021 / NTS GMT
Presentation
May 12, 2021 / NTS GMT

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Corporate Participants
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* Keita Ishii
ITOCHU Corporation - President & COO
* Tsuyoshi Hachimura
ITOCHU Corporation - CFO, Executive VP & Director

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Keita Ishii - ITOCHU Corporation - President & COO

Hello, everyone. I am Keita Ishii, COO of ITOCHU Corporation. Thank you very much for joining us today. We will present fiscal 2021 business results and also explain overview of fiscal '22 to '24 medium-term management plan, brand-new deal 2023. Please refer to the documentation of the presentation.

Starting with the summary of the financial results for fiscal 2021, please turn to Page 2. By minimizing the COVID-19 impact and eliminating the management issues and preparing the structure for fiscal 2022, we exceeded the consolidated net profit target, JPY 400 billion, set at the beginning of the year and reached JPY 401.4 billion.

Despite tough business environment where other companies saw major year-on-year declines

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