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:
Mitani Sangyo Co., Ltd.
(2020
sales of 77.60 billion Japanese Yen [US$741.81 million]
of which 42%
was Chemical-Related Business),
Meiwa Corporation
(137.04 billion Japanese Yen [US$1.31 billion]
), and
Nagase & Co Ltd
(799.56 billion Japanese Yen [US$7.64 billion]
of which 33%
was Processing Materials).
Sales Analysis.
ITOCHU reported sales of ¥10.98 trillion (US$105.00 billion)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 5.3%
versus 2019, when the company's sales were ¥11.60 trillion.
Contributing to the drop in overall sales was the 16.7% decline
in Chemicals and Energy, from ¥3.12 trillion to ¥2.60 trillion.
There were also decreases in sales in
Food (down 10.8% to ¥3.83 trillion)
and
Machinery and Energy (down 0.8% to ¥1.21 trillion)
and
Life Company (down 9.2% to ¥808.10 billion)
and
Metal (down 3.3% to ¥643.91 billion)
and
Textile (down 9.5% to ¥537.45 billion)
and
Eliminations and Corporate (down 3.7% to ¥81.54 billion)
.
However, these declines were partially offset by the increase in sales of
Information'fanancial Company (up 3.2% to ¥751.08 billion)
.