Itochu Shokuhin's FY25 net profit surges 40.4%

Itochu Corporation (TSE: 8001) today reported that its subsidiary, Itochu Shokuhin, experienced a significant increase in net profit for the fiscal year ending March 2025. Net profit surged 40.4% to JPY 8,818 million, compared to JPY 6,282 million in the previous fiscal year. Revenues also increased by 4.1% to JPY 691,818 million. The company attributes the profit increase to improved sales and a reduction in operating expenses. For the fiscal year ending March 2026, Itochu Shokuhin forecasts sales of JPY 720,000 million and net profit of JPY 8,300 million. A year-end dividend of JPY 80.00 is expected.