1、Printed in JapanAnnual Report 2023(Integrated Report)For the Fiscal Year Ended March 31,2023ITOCHU Corporation5-1,Kita-Aoyama 2-chome,Minato-ku,Tokyo 107-8077,Japan +81(3)-3497-2121 https:/www.itochu.co.jp/en/Annual Report 2023ITOCHU CorporationAccumulation of strengths and achievements as a general

2、 trading companyFrom Our Founding to the PresentFrom the Present to the FutureFirst-mover strategy and commitment-based managementITOCHU MissionSampo-yoshiGuideline of ConductI am One with Infinite Missions“Unchanging”Evolution of ITOCHU-ness in an Era of Change“Changing”1ITOCHU Corporation Annual R

3、eport 20231In compiling this annual report,ITOCHU focuses on three functions in particular:(1)providing an in-depth understanding of its unique business model to a wide range of readers around the world,(2)effectively explain-ing the processes and potential for ITOCHU to achieve sustainable growth i

4、n corporate value over the long term,and(3)clearly communicating the relationship between management strategies and financial and non-finan-cial capital to internal and external stakeholders to foster the virtuous cycle of cultivating mutual understanding through dialogue and achieving a greater lev

5、el of management sophistication for the Company.We have prepared Annual Report 2023 based on the aforementioned approach,and with reference to a disclosure framework for integrated reports.This years report places particular emphasis on our strategic focus and future orientation,connectivity,and con

6、sistency.Further,as in the past,we have used the“Corporate Value Calculation Formula*”to clearly establish the link between our management strategies and initiatives,and the enhancement of our corporate value.Please review this report as an account of our value creation story,which aims to achieve a