ITOCHU Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Masahiro Okafuji

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	14yrs
CEO ownership	0.03%
Management average tenure	5.1yrs
Board average tenure	4.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Masahiro Okafuji's remuneration changed compared to ITOCHU's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥730b
Sep 30 2023	n/a	n/a	JP¥730b
Jun 30 2023	n/a	n/a	JP¥783b
Mar 31 2023	n/a	n/a	JP¥801b
Dec 31 2022	n/a	n/a	JP¥824b
Sep 30 2022	n/a	n/a	JP¥803b
Jun 30 2022	n/a	n/a	JP¥783b
Mar 31 2022	n/a	n/a	JP¥820b
Dec 31 2021	n/a	n/a	JP¥716b
Sep 30 2021	n/a	n/a	JP¥650b
Jun 30 2021	n/a	n/a	JP¥564b
Mar 31 2021	JP¥649m	JP¥165m	JP¥401b
Dec 31 2020	n/a	n/a	JP¥439b
Sep 30 2020	n/a	n/a	JP¥465b
Jun 30 2020	n/a	n/a	JP¥459b
Mar 31 2020	JP¥633m	JP¥153m	JP¥501b
Dec 31 2019	n/a	n/a	JP¥530b
Sep 30 2019	n/a	n/a	JP¥532b
Jun 30 2019	n/a	n/a	JP¥534b
Mar 31 2019	JP¥588m	JP¥153m	JP¥501b
Dec 31 2018	n/a	n/a	JP¥441b
Sep 30 2018	n/a	n/a	JP¥416b
Jun 30 2018	n/a	n/a	JP¥406b
Mar 31 2018	JP¥547m	JP¥162m	JP¥400b

Compensation vs Market: Insufficient data to establish whether Masahiro's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Masahiro's compensation has been consistent with company performance over the past year.

CEO

Masahiro Okafuji (74 yo)

14yrs

Tenure

JP¥649,000,000

Compensation

Mr. Masahiro Okafuji has been the Chief Executive Officer of Itochu Corporation since April 1, 2010 and its Chairman since April 1, 2018 and was its Executive Officer since June 2002. Mr. Okafuji was the P...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Masahiro Okafuji	Chairman & CEO	14yrs	JP¥649.00m	0.027% ¥ 17.3m
Tsuyoshi Hachimura	CFO, Executive VP & Director	9yrs	JP¥267.00m	0.013% ¥ 8.0m
Fumihiko Kobayashi	Executive VP	9yrs	JP¥267.00m	0.013% ¥ 8.0m
Keita Ishii	President	3yrs	no data	0.012% ¥ 7.9m
Shuichiro Yamaura	General Manager of General Accounting Control Division	less than a year	no data	no data
Tomoyuki Takada	Chief Digital & Information Officer and Managing Executive Officer	1.3yrs	no data	no data
Suguru Amano	General Manager of Investor Relations Department	5.9yrs	no data	no data
Mitsuru Claire	Managing Executive Officer & GM of Corporate Communications Division	1.3yrs	no data	no data
Toshiyuki Kakimi	Executive Officer and General Manager of Human Resources & General Affairs Division	1.3yrs	no data	no data
Hideo Nakanishi	Chief Operating Officer of Apparel Division - Textile Company	no data	no data	no data
Hiroyuki Tsubai	President of Machinery Company	8yrs	no data	0.0061% ¥ 3.9m
Masatoshi Maki	President of General Products & Realty Company and Executive Officer	5.1yrs	no data	no data

5.1yrs

Average Tenure

65yo

Average Age

Experienced Management: ITOC.F's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Masahiro Okafuji	Chairman & CEO	14yrs	JP¥649.00m	0.027% ¥ 17.3m
Tsuyoshi Hachimura	CFO, Executive VP & Director	8.8yrs	JP¥267.00m	0.013% ¥ 8.0m
Fumihiko Kobayashi	Executive VP	8.8yrs	JP¥267.00m	0.013% ¥ 8.0m
Keita Ishii	President	2.8yrs	no data	0.012% ¥ 7.9m
Hiroyuki Tsubai	President of Machinery Company	1.8yrs	no data	0.0061% ¥ 3.9m
Hiroyuki Naka	Chief Strategy Officer	1.8yrs	no data	0.0029% ¥ 1.9m
Eizo Kobayashi	Director Emeritus	4yrs	JP¥193.00m	no data
Kunio Ishizuka	Independent Outside Director	2.8yrs	no data	0.00021% ¥ 134.1k
Makiko Nakamori	Independent Outside Director	4.8yrs	no data	0.00083% ¥ 530.2k
Masatoshi Kawana	Independent Outside Director	5.8yrs	no data	0.00076% ¥ 485.4k
Shoko Haku	Chairman of Dateng Logistics (Shanghai) Co. Ltd & Deputy Director of General Products	4.2yrs	no data	no data
Akiko Ito	Independent Outside Director	less than a year	no data	no data

4.1yrs

Average Tenure

66yo

Average Age

Experienced Board: ITOC.F's board of directors are considered experienced (4.1 years average tenure).

ITOCHU Management

Management criteria checks 3/4

Key information

Recent management updates

ITOCHU Corporation, Annual General Meeting, Jun 21, 2024

ITOCHU Corporation, Annual General Meeting, Jun 23, 2023

ITOCHU Corporation, Annual General Meeting, Jun 24, 2022

Itochu Corp. Announces Executive Changes

Recent updates

ITOCHU Corporation, Annual General Meeting, Jun 21, 2024

ITOCHU Corporation to Report Fiscal Year 2024 Results on May 08, 2024

ITOCHU Corporation Provides Year End Dividend Guidance for the Year Ending March 31, 2024

ITOCHU Corporation (TSE:8001) and Osaka Gas Co., Ltd. (TSE:9532) agreed to acquire 13.56% stake in Everfuel A/S (OB:EFUEL) from Nel ASA (OB:NEL) for NOK 120 million.

ITOCHU Corporation to Report Q3, 2024 Results on Feb 05, 2024

ITOCHU Corporation (TSE:8001) announces an Equity Buyback for 17,000,000 shares, representing 1.2% for ¥75,000 million.

ITOCHU Corporation (TSE:8001) completed the acquisition of 51.024636% stake in Daiken Corporation (TSE:7905).

ITOCHU REIT Management Co., Ltd. agreed to acquire 11 properties of ITOCHU Corporation for ¥22.5 billion.

ITOCHU Corporation to Report First Half, 2024 Results on Nov 06, 2023

ITOCHU Corporation (TSE:8001) announces an Equity Buyback for 5,500,000 shares, representing 0.4% for ¥25,000 million.

ITOCHU Corporation (TSE:8001) made an offer to acquire remaining 38.76% stake in ITOCHU Techno-Solutions Corporation (TSE:4739) for an offer per share of JPY 4,325.

ITOCHU Corporation to Report Q1, 2024 Results on Aug 04, 2023

ITOCHU Corporation, Annual General Meeting, Jun 23, 2023

Nojima Corporation (TSE:7419) completed the acquisition of Conexio Corporation (TSE:9422) from ITOCHU Corporation (TSE:8001) and others.

ITOCHU Corporation (TSE:8001) announces an Equity Buyback for 7,500,000 shares, representing 0.5% for ¥25,000 million.

FJ Next Co., Ltd. completed the acquisition of Ito Ippeki Kanri Service Co., Ltd. from ITOCHU Corporation.

Nojima Corporation (TSE:7419) agreed to acquire Conexio Corporation (TSE:9422) from ITOCHU Corporation (TSE:8001) and others for ¥85.4 billion.

Nojima Corporation (TSE:7419) agreed to acquire 60.342522% stake in Conexio Corporation (TSE:9422) from ITOCHU Corporation (TSE:8001) for ¥51.6 billion.

ITOCHU Corporation to Report Q3, 2023 Results on Feb 03, 2023

An unknown buyer acquired unknown minority stake in Solasia Pharma K.K. (TSE:4597) from ITOCHU Corporation (TSE:8001).

ITOCHU Corporation (TSE:8001) completed the acquisition of an unknown stake in Japan Best Rescue System Co.,Ltd. (TSE:2453).

ITOCHU Corporation (TSE:8001) announces an Equity Buyback for 11,000,000 shares, representing 0.7% for ¥35,000 million.

ITOCHU Corporation to Report Q2, 2023 Results on Nov 04, 2022

ITOCHU Corporation Reaffirms Consolidated Earnings Guidance for the Fiscal Year Ending March 2023

Nissin Sugar Co., Ltd. (TSE:2117) executed a basic agreement to acquire Itochu Sugar Co., Ltd. from ITOCHU Corporation (TSE:8001).

ITOCHU Corporation to Report Q1, 2023 Results on Aug 05, 2022

ITOCHU Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023

ITOCHU Corporation, Annual General Meeting, Jun 24, 2022

ITOCHU Corporation (TSE:8001) agreed to acquire an unknown majority stake in DOME Corporation from Under Armour, Inc. (NYSE:UAA).

Mapletree Logistics Trust (SGX:M44U) completed the acquisition of Portfolio of 3 logistics Properties in Vietnam from ITOCHU Corporation (TSE:8001) and Mapletree Investments Pte Ltd.

ITOCHU Corporation (TSE:8001) announces an Equity Buyback for 20,000,000 shares, representing 1.3% for ¥60,000 million.

Japan Industrial Partners and Inc., ITOCHU Corporation (TSE:8001) entered into a share transfer agreement to acquire 26% stake in Hitachi Construction Machinery Co., Ltd. (TSE:6305) from Hitachi, Ltd. (TSE:6501) for ¥180 billion

Hitachi Reportedly Mulling Sale of Some Hitachi Construction Shares

ITOCHU Corporation (TSE:8001) agreed to acquire 40.19% stake in Gaitame.com Co., Ltd. from Sawada Holdings Co., Ltd. (JASDAQ:8699) for ¥12.9 billion.

ITOCHU Corporation (TSE:8001) agreed to acquire 19.71% stake in Paraca Inc. (TSE:4809) from Nissei Build Kogyo Co., Ltd.

ITOCHU Corporation Provides Earnings Guidance for the Fiscal Year 2021

Fertiglobe Holding Ltd agreed to acquire a 15% stake in Egypt Basic Industries Corpoartion from a consortium led by KBR, Inc. (NYSE:KBR).

An unknown buyer completed the acquisition of 33.34% stake in Japan Brazil Paper and Pulp Resources Development Co., Ltd from ITOCHU Corporation (TSE:8001).

Marubeni-Itochu Steel Inc. signed an agreement to acquire 12.02% stake in Suncall Corporation (TSE:5985) from ITOCHU Corporation (TSE:8001) for ¥1.8 billion.

Primobius Gmbh Executes Non-Binding Memorandum of Understanding with Itochu Corporation

Kenedix Retail Reit Corporation Announces Termination of the Alliance Agreement with Itochu Corporation

Suez SA (ENXTPA:SEV) acquired remaining 33.4% stake in Canaragua Concesiones S.A U. from ITOCHU Corporation (TSE:8001) for approximately €37 million.

Itochu Corp. Announces Executive Changes

ITOCHU Corporation to Report Q3, 2021 Results on Feb 04, 2021

Symphony Holdings Limited and ITOCHU Corporation and its Subsidiary Entered into a Joint Venture Agreement

Jersey Oil and Gas Plc (AIM:JOG) entered into a conditional sale and purchase agreement to acquire CIECO V&C (UK) Limited from ITOCHU Corporation (TSE:8001) and Japan Oil, Gas and Metals National Corporation for £2.6 million.

ITOCHU Corporation (TSE:8001) completed the acquisition of additional 15.6% stake in FamilyMart Co., Ltd. (TSE:8028) for approximately ¥180 billion.

Tokyo Century Corporation (TSE:8439) completed the acquisition of 50% stake in Itochu Construction Machinery Co., Ltd. from ITOCHU Corporation (TSE:8001).

ITOCHU Corporation (TSE:8001) made a tender offer to acquire remaining 49.9% stake in FamilyMart Co., Ltd. (TSE:8028) for approximately ¥580 billion.

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age