• Itochu average pre-tax profit margin for 2023 was 9.39%, a 5.03% increase from 2022.
• Itochu average pre-tax profit margin for 2022 was 8.94%, a 10.92% increase from 2021.
• Itochu average pre-tax profit margin for 2021 was 8.06%, a 17.49% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.