Itochu announces five-for-one stock split and higher dividend forecast

Itochu Corporation's board of directors has approved a five-for-one share split for common stock, effective January 1, 2026, with a record date of December 31, 2025. This action aims to lower the investment unit price, improve stock liquidity, and broaden the investor base. Concurrently, the total number of authorized shares will increase from JPY3 bn to JPY15 bn. The total number of issued shares prior to the split was 1,584,889,504, increasing to 7,924,447,520 after the split.

In conjunction with the split, Itochu revised its annual dividend forecast for the fiscal year ending March 2026. The year-end dividend per share will be JPY22 post-split, equivalent to JPY110 on a pre-split basis, resulting in a total annual dividend of JPY210 per share (pre-split basis), up from the previously forecast JPY200. The interim dividend for FY2025 remains JPY100. This revision reflects the steady accumulation of core profit and market expectations.

For the first half of FY2025, Itochu reported a net profit attributable to Itochu of JPY500,280 m, an increase from JPY438,442 m in the same period of FY2024. Total assets grew to JPY15,585,953 m as of September 30, 2025, up from JPY15,134,264 m on March 31, 2025. Operating cash flow for the first half of FY2025 was JPY609,245 m.