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ITOCHU also has seven branch offices in Japan, [28] sixteen offices and local subsidiaries in China, [29] 24 in Asia, [30] eight in the CIS, [31] four in Australia, [32] fifteen in the Middle East, [33] eight in Africa, [34] twelve in Europe, [35] ten in North America [36] and nine in Latin America.
In 1993, when Jiangling Motors Corporation was spun off from JMCG, Jiangxi Automobile Manufacturing Co., Ltd. (a JMCG subsidiary), Itochu Trading and Isuzu created the Jiangling Isuzu joint venture to continue producing Isuzu-badged trucks for 20 years. JMCG owned a 75% stake and the rest was evenly distributed between Isuzu and Itochu. [4]
FamilyMart Co.'s parent company is Itochu, a Japanese trading company, with a stake of 50.1%. [3] On July 8, 2020, Itochu announced it would spend approximately ¥580 billion (approx US$5.5 billion) to purchase 100% of FamilyMart, with the intent to sell 4.9% of the shares to Zen-Noh and Norinchukin Bank. [14]
Uichiro Niwa (丹羽 宇一郎, Niwa Uichirō) is a Japanese diplomat and businessman who served as the Ambassador of Japan to the People's Republic of China, president and chairman of Itochu Corporation, [1] and chairman of the Society of Global Business (SGB).
Itochu (est.1949) — a trading and conglomerate company of Japan. Subcategories. This category has the following 2 subcategories, out of 2 total. C.
The deal saw Chia Tai Bright Investment, a 50–50 joint venture of Itochu and Charoen Pokphand, acquire a 10% stake of CITIC Limited from CITIC Group for HK$34.4 billion (US$4.54 billion), as well as subscribing new convertible preferred shares for HK$45.9 billion (US$5.9 billion). [16]
Itochu Techno-Solutions Co., Ltd. (伊藤忠テクノソリューションズ株式会社, Itōchū Tekuno-soryūshonzu Kabushiki-gaisha, abbreviated CTC) is a Japanese systems integrator based in Kasumigaseki, Chiyoda, Tokyo. It is a publicly traded subsidiary of Itochu Corporation.
In 2015, CP and Itochu announced that they would jointly take a $10.4 billion stake in China's CITIC Limited, forming a trilateral alliance with Itochu and CP each holding 10 percent of CITIC's stock, one of the largest foreign investments in a Chinese state-owned company. [22]