Page 1

Page : 1 ANNUAL FINANCIAL STATEMENTS For years ended March 31 , 2021 and 2020 : Consolidated Financial Results for the Fiscal Year 2021 ( Year ended March 31 , 2021 ) : 1. Qualitative Information 3 3 : ( 1 ) Qualitative Information of the Consolidated Operating Results 3 : ( a ) General Economic Situation 4 : ( b ) Consolidated Operating Results ( 2 ) Qualitative Information of the Consolidated Financial Position ( a ) Consolidated Financial Position 8 : 8 : 9 : ( b ) Consolidated Cash Flows 10 : 10 2. Summary Information ( Notes ) : ( 1 ) Changes in significant subsidiaries during the period ( changes in specified subsidiaries accompanying changes in the consolidation scope ) 10 : ( 2 ) Changes in accounting policies and accounting estimates 11 3. Management Policy 12 12 .. .. 4. Distribution of Profit 5. Basic Concept on the Selection of Accounting Standards 6. Consolidated Financial Statements 13 13 19 19 20 2357822222 : : ( 1 ) Consolidated Statement of Comprehensive Income 15 : ( 2 ) Consolidated Statement of Financial Position 17 : ( 3 ) Consolidated Statement of Changes in Equity 18 : ( 4 ) Consolidated Statement of Cash Flows : ( 5 ) Assumption for Going Concern : 19 : : ( Per Share Information ) 20 : ( 6 ) Notes to Consolidated Financial Statements ( Operating Segment Information ) ( Material Subsequent Events ) ITOCHU Corporation May 10 , 2021