Itochu Corporation
伊藤忠商事株式会社

File:Itochu logo.svg
Type	Public KK
Traded as	TYO: 8001 OSE: 8001 NSE: 8001 FSE: 8001 SSE: 8001
Industry	Conglomerate (Sogo shosha)
Founded	1858 (as private company) 1949 (division)
Headquarters	Umeda Sanchome, Kita-ku, Osaka, Japan Kita-Aoyama Nichome, Minato, Tokyo, Japan
Key people	Eizo Kobayashi (Chairman) Masahiro Okafuji (President and CEO)
Revenue	¥11,978,276 million (2011)
Net income	¥300,505 million (2011)
Total equity	¥1,696,141 million (2011)
Employees	62,635 (2011)
Website	www.itochu.co.jp/en/

Osaka headquarters of Itochu (North Gate Building)

Tokyo headquarters of Itochu

Former Osaka headquarters of Itochu (left building) in Chuo-ku, Osaka, Japan

Itochu Corporation (伊藤忠商事株式会社, Itōchū Shōji Kabushiki-gaisha^?), until 1992 "C. Itoh" in English, is a Japanese general trading concern based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It has a common origin with Marubeni Corporation. Itochu is a Fortune 500 company.

History[link]

Initially founded as a kimono retail store in 1858 by Chūbei Itō, C. Itoh & Co. Ltd., gradually evolved from pure buying and selling to manufacturing, supplying, exporting, and investments. After various mergers and acquisitions, it was incorporated in 1918 and again in 1949.

From the early 1970s C. Itoh & Co., was a major supplier of synthetic yarn (polyester) to India's Reliance Industries Limited^[1]. Over the years, the close collaboration between both companies culminated in the co-promotion of a world-scale Polypropylene Project with a capacity of 250,000 tonnes per annum at a total project cost of Rs. 525 Crores, at Hazira in the State of Gujarat. With a $50 million for a 15 percent stake^[1], it was at that point, the largest investment in India by a Japanese firm.^[2]

On October 1, 1992, C. Itoh & Co. Ltd. changed its name to Itochu Corporation which is a direct transliteration of its Japanese name.^[2]

Itochu now ranks as one of the largest sōgō shōsha companies in Japan and among the world's largest companies. The Itochu Group with the Itochu Corporation at its center has more than 700 subsidiaries.^[3]

Offices of Itochu Corporation[link]

• Osaka headquarters – North Gate Building, 1-3, Umeda Sanchome, Kita-ku, Osaka, Japan
  • Itochu moved the Osaka headquarters from 4-1 Kyutaromachi Sanchome, Chūō-ku to the North Gate Building on August 15, 2011.^[4]
• Tokyo headquarters – 5-1 Kita-Aoyama Nichome, Minato, Tokyo, Japan

Itochu currently has seven Division Companies operating:

• Textiles
• Machinery
• Aerospace, Electronics & Multimedia
• Energy, Metals & Minerals
• Chemicals, Forest Products & General Merchandise
• Food
• Finance, Realty, Insurance & Logistics Services

Itochu Group[link]

• Itochu Corporation
• Itochu Oil Exploration Co., Ltd. (see also CentGas consortium)
• Itochu Construction Machinery Co., Ltd.
• Itochu Aviation Co., Ltd.
• Itochu Mabis Inc.
• Itochu Techno-Solutions Corp. (CTC)
• Yanase Co., Ltd.(Minato-ku, Tokyo)

Electric vehicles[link]

Itochu has partnered with Mazda and EnerDel to produce a solar-charged Mazda2.

Printer models[link]

References[link]

External links[link]

• Itochu Corporation (English)
• Company history
  • English
  • Japanese
  • Chinese

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