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Itochu Corporation (伊藤忠商事株式会社, previously known as C. Itoh & Co. until 1992) is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese sogo shosha (general trading and investment companies) distinguished by the strength of its textile business and its successful ...
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Itochu, which historically supplied Kawasaki with raw materials, became the main general trading company for the combined group. [3] The group's presidents began regular Sankin-kai (三金会) meetings in 1971. Also in that year, the group's name developed from the merger of Dai-Ichi Bank and Nippon Kangyo Bank. [1]
It is the collaboration between Anadolu Group, Isuzu, Itochu and HICOM. Its main fields of operation are the production and marketing of light duty trucks and midibuses. Since the establishment of the company in 1984, more than 80,000 commercial vehicles have been produced in accordance with the Isuzu Motors license agreement. Anadolu Isuzu is ...
He became president of Itochu in 1998, at the age of 61. At the time, Itochu was suffering significant losses from the collapse of the Japanese asset price bubble. Niwa cut 300 unprofitable businesses and held an initial public offering of Itochu's IT subsidiary Itochu Techno-Solutions in order to raise cash. He established a team called "Net ...
In the late 1990s, as Itochu reeled from losses from the Japanese asset price bubble, Itochu president Uichiro Niwa decided to float CTC on the stock market. CTC had its initial public offering in December 1999, and its market capitalization immediately exceeded that of its parent company, Itochu. One year later, CTC was valued at around $20 ...
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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.