ITOCHU Corporation operates in the Chemicals & allied products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares ITOCHU with three other
miscellaneous retailers and wholesalers in Asia:
Meiwa Corporation
(2021
sales of 130.20 billion Japanese Yen [US$1.19 billion]
of which 47%
was Third Business),
Chori Company Limited
(216.23 billion Japanese Yen [US$1.98 billion]
of which 57%
was Chemicals), and
Nagase & Co Ltd
(830.24 billion Japanese Yen [US$7.59 billion]
of which 32%
was Processing Materials).
Sales Analysis.
During the first
fiscal
quarter of 2022, sales at ITOCHU totalled
¥2.92 trillion.
This is
an increase of 22.1%
from the ¥2.39 trillion in sales at the company during the first quarter of 2021.
ITOCHU reported sales of ¥10.36 trillion (US$94.71 billion)
for the
fiscal
year ending
March of 2021.
This
represents
a
decrease of 5.6%
versus 2020, when the company's sales were ¥10.98 trillion.
Contributing to the drop in overall sales was the 19.1% decline
in Textile, from ¥537.45 billion to ¥435.03 billion.
There were also decreases in sales in
Chemicals and Energy (down 16.2% to ¥2.18 trillion)
and
Machinery and Energy (down 13.1% to ¥1.05 trillion)
and
Life Company (down 6.5% to ¥755.42 billion)
and
the Eighth(New Business) (down 7.4% to ¥478.76 billion)
and
Eliminations and Corporate (down 6.8% to ¥75.97 billion)
.
However, these declines were partially offset by the increase in sales of
Food (up 3.8% to ¥3.98 trillion)
and
Information'fanancial Company (up 0.0% to ¥751.23 billion)
and
Metal (up 2.1% to ¥657.17 billion)
.