ITOCHU Corporation (ITOCY) Q2 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha·2025-11-11 21:11

Financial Performance - Consolidated net profit for the first half of FY 2025 reached JPY 500.3 billion, an increase of JPY 61.8 billion year-on-year, marking a record high level [2] - The strong performance was primarily driven by robust results in the non-resource sector, despite extraordinary gains from asset replacements [2] - Progress toward the full year profit forecast of JPY 900 billion has reached 56%, exceeding initial expectations [2] Profit Forecast - The full year consolidated net profit forecast remains unchanged at JPY 900 billion, while the core profit forecast has been revised to a range from JPY 800 billion to JPY 820 billion [3] - The initial core profit plan was set between JPY 770 billion and JPY 850 billion, but the lower limit has been raised due to steady progress in the first half [3] Segment Forecast - The forecast for Metals & Minerals has been revised downward due to challenging circumstances in the first half [4] - Conversely, forecasts for Textile, Food, ICT & Financial Business, The 8th, and Others have been revised upward [4]