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In 1951, the New York office was established, and a local subsidiary, Itochu America Inc. was established in 1952to prepare for the expansion of trade with the United States. Subsequently, the company name was raised high in various parts of the world, such as London, Mexico in 1953, Hamburg in 1954, Hong Kong, and Bangkok in 1955.
Sogo shosha (総合商社, sōgō shōsha, or general trading companies) are Japanese wholesale companies that trade in a wide range of products and materials. In addition to acting as intermediaries, sōgō shōsha also engage in logistics, plant development and other services, as well as international resource exploration.
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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Last year was fantastic for the markets in general, but the index that really stood out was the Nasdaq.It climbed 28%, while the S&P 500 rose 23% and the Dow Jones Industrial Average increased 12% ...
Tesla shares have advanced 50% in the last three months on expectations the company will benefit from the ties between CEO Elon Musk and President Donald Trump, especially where autonomous vehicle ...
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 ...
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