■ Textile Company

24.2 billion yen (increased by 11.5 billion yen compared to the same period of the previous fiscal year)

Core profit 23.7 [ YoY +11.0 ]
【＋】 DESCENTE：Conversion into a consolidated subsidiary
【＋】 Overseas sports sector such as DESCENTE：Stable performance
【＋】 OEM-related business including Convenience Wear：Stable performance
【＋】 Expo-related business：Stable performance

Extraordinary gains & losses +0.5 [ YoY +0.5 ]
- Gain on the sale of fixed assets in DESCENTE : +0.5

■ Machinery Company

76.9 billion yen (increased by 13.6 billion yen compared to the same period of the previous fiscal year)

Core profit 58.9 [ YoY (0.4) ]
【－】 Ship-related business：Absence of the gain on the sale of ships in FY24 Q1-2
and decrease in charter income resulting from market downturn
【－】 Asian power generation company：Maintenance and repairs at power generation facilities in FY25 Q1
【－】 Overseas automobile-related business：Lower sales volume in North America and forex impact
【－】 YANASE：Absence of the surge in used car prices in FY24 Q1-2 and decrease in new car sales volume,partially offset by increased ownership
【＋】 North American power business：Increase in electricity sales revenue due to the increase in demand forelectricity and the absence of implementation of maintenance in FY24 Q1-2
【＋】 Citrus Investment：Increased ownership in Hitachi Construction Machinery and increased sales in Europe/Asia

Extraordinary gains & losses 180 [ YoY +140 ]
- Gain on the partial sale of JAMCO : +5.5
- Gain on the settlement payment in a leasing-related company : +13.0
- The absence of gain on the partial sale of an Australian infrastructure company in FY24 Q1 : (2.0)
- The absence of the gain on the sale of an Energy-from-Waste project company in IEI : (1.5)

■ Metals & Minerals Company

63.5 billion yen (decreased by 36.9 billion yen compared to the same period of the previous fiscal year)

Core profit 63.5 [ YoY (36.9) ]
【－】 Lower iron ore and coal prices
【－】 CM：Lower earnings due to forex valuation loss partially offset by stable operation
【－】 Aluminum and uranium transactions：Absence of favorable performance in FY24 Q1-2
【－】 MISI：Delayed recovery in steel material and steel pipe prices

Extraordinary gains & losses － [ YoY － ]

■ Energy & Chemicals Company

37.7 billion yen (increased by 4.7 billion yen compared to the same period of the previous fiscal year)

Core profit 35.2 [ YoY +2.2 ]
【＋】 Energy transactions：Improvement in profitability in LNG transactions
【＋】 C.I. TAKIRON：Increased ownership and increase in transactions of film business
【＋】 CIPS：Increase in transactions of packaging goods and electronic materials
【＋】 Electricity transactions：Higher transaction volume
【－】 Japan South Sakha Oil：Lower production volume and forex valuation loss on foreign currency deposits
【－】 CIECO Azer：Lower sales prices

Extraordinary gains & losses 2.5 [ YoY +2.5 ]
Conversion of an overseas energy-related company into a consolidated subsidiary : +2.5

■ Food Company

53.9 billion yen (increased by 13.7 billion yen compared to the same period of the previous fiscal year)

Core profit 45.9 [ YoY +9.2 ]
【＋】 Provisions-related transactions/companies：Higher transaction volume and improvement in profitability
【＋】 Dole：Higher production volume of bananas
【＋】 HYLIFE：Higher transaction volume and improvement in profitability
【＋】 NIPPON ACCESS/ITOCHU-SHOKUHIN：Expansion of transactions

Extraordinary gains & losses 8.0 [ YoY +4.5 ]
- Gain on the sale of PROVENCE HUILES : +8.0
- The absence of gain on the sale of companies in a vegetable oil production and sale company in FY24 Q1 : (1.0)
- The absence of gain on the partial sale of Confex Holdings (food-distribution-related company) : 1.5
- The absence of gain on the sale of JAPAN FOODS : (1.0) profitability
【＋】NIPPON ACCESS and ITOCHU-SHOKUHIN：Expansion of transactions resulting from higher transaction volume
【＋】Provisions-related transactions：Higher transaction volume and improvement in profitability
【－】Dole：Lower production volume of pineapples
【－】North American grain-related company：Absence of favorable performance in FYE 2024

Extraordinary gains & losses 12.0 [ YoY +15.5 ]
・Gain on the partial sale of an overseas company : +6.5
・The absence of extraordinary gains and losses in FYE 2024 : +3.5

■ General Products & Realty Company

19.0 billion yen (decreased by 12.1 billion yen compared to the same period of the previous fiscal year)

Core profit 18.0 [ YoY (11.2) ]
【－】 IFL：Downturn in pulp prices and increase in costs
【－】 ITOCHU Property Development：Absence of concentratedsales of comprehensive development projects
in FY24 Q1-2
【－】 DAIKEN：Deterioration in profitability in domestic business and lower earnings in overseas business
【－】 North American construction-materials business：Underperformance of housing structural materials business
【＋】 Nishimatsu Construction：Start of equity pick-up
【＋】 Indonesian processing of natural rubber company：Higher sales volume

Extraordinary gains & losses 1.0 [ YoY (1.0) ]
- Gain on the sale of Albany Bulk Handling (port cargo handling company) : +1.0
- The absence of gain on the reversal for allowance in ETEL in FY24 Q1 : (1.0)

■ ICT & Financial Business Company

40.0 billion yen (increased by 2.2 billion yen compared to the same period of the previous fiscal year)

Core profit 39.5 [ YoY +1.7 ]
【＋】 CTC：Favorable performance
【＋】 HOKEN NO MADOGUCHI GROUP：Higher agency commissions
【＋】 Improvement in remeasurement gains and losses for fund held investments
【＋】 Overseas retail-finance-related companies：Improvement in profitability
【－】 Mobile-phone-related business：Lower earnings due to contract changes
【－】 Orient Corporation：Exclusion from the equity method investments

Extraordinary gains & losses 0.5 [ YoY +0.5 ]
- Gain on the sale of commercial rights in a finance-related company : +0.5

■ The 8th Company

32.4 billion yen (decreased by 21.8 billion yen compared to the same period of the previous fiscal year)

Core profit 31.4 [ YoY +6.7 ]
【＋】 FamilyMart
〔＋〕 Increase in daily sales resulting from enhancement of product appeal and sales promotion
〔＋〕 Strengthening of business foundations such as the reorganization of store network
〔＋〕 Expansion of transactions in new businesses
〔－〕 Increase in costs caused by changes in external environment

Extraordinary gains & losses 1.0 [ YoY (28.5) ]
- Improvement of tax expenses in FamilyMart : +1.0
- The absence of gain on the group reorganization of Chinese business in FamilyMart : (29.5)

■ Others, Adjustments & Eliminations

152.5 billion yen (increased by 86.9 billion yen compared to the same period of the previous fiscal year)

Core profit 62.5 [ YoY (0.4) ]
【－】 Orchid：Nearly same level
〔－〕 Appreciation of the yen
〔＋〕 Decrease in interest expenses
〔＋〕 CITIC Limited：Stable performance in comprehensive financial services segment

Extraordinary gains & losses 90.0 [ YoY +86.5 ]
- Gain on the sale of C.P. Pokphand : +88.0
- Improvement in tax expenses related to an overseas company : +2.0
- The absence of gain on the partial sale of a group company in CITIC Limited : (3.5)