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Greetings from Tsuguyoshi Nakatani, ITOCHU Metals Corporation.

As we embark on FY 2024, we reflect on the challenges and achievements of the preceding fiscal year and share with you our forthcoming policies, encompassing the current fiscal year and beyond.

In FY 2023, Japan experienced a return to normal daily life and social activities for the first time in almost three years. This period also witnessed a resurgence in international travel, signaling a pivotal year as the country strides towards its next phase of growth. Yet, for our Company, the outcomes from our day-to-day operations did not meet the optimistic expectations we had anticipated. Nonetheless, we managed to progressively expand the reach of our ongoing initiatives and bring to bear new projects and investments. These endeavors represent significant strides toward an eventual decarbonized society. While the journey has been marked by challenges, we are steadily advancing, one step at a time. I take pride in our employees who persistently drive progress in our corporate endeavors. I extend my heartfelt gratitude once more to all our stakeholders for their unwavering support, marked by profound understanding and cooperation.

We are resolute in the direction we are taking for FY 2024.
We are committed to enhancing our environmental initiatives (contributing to the SDGs) and market-in approach, leveraging our strengths to provide society with valuable goods and services. By doing so, we aim to achieve “Sampo-yoshi” (good for the seller, buyer, and society) as an integral part of the ITOCHU Group. We sincerely seek the continued support of all our stakeholders in these endeavors.

Every day on the news I witness countless of individuals struggling with severe hardships in their lives all over the world for reasons they cannot control. It's my sincere hope that the day soon arrives when these people can return to their normal, peaceful lives.

Tsuguyoshi Nakatani,
President & CEO
ITOCHU Metals Corporation