itochu

Itochu (OTC:ITOCY)formerly C.ITOCHU is a japanese general trading (sogo shosha)concern based in Osaka, Japan, ITOCHU (In Kanji: 伊藤忠) was founded in 1958 by Chubei Ito. It was initially a kimono fabric retail store. It is one of the world largest trading companies and using pro-forma accounting one of the worlds largest corporations. Gradually ITOCHU business evolved from pure buying and selling to manufacturing, supplying, exporting and even investment, after separations and merges with other companies it was incorporated in 1949 and it is the largest general trading company (Sogo Shosha) in Japan and ranks among the world’s largest companies with 1,027 subsidiaries and associated companies operating in over 80 countries. ITOCHU is based in Osaka, Osaka prefecture. Itochu currently has seven major divisions or business groups, listed below:

textiles
foods,grain and canned goods (accounting for nearly 25% of revenue)
aerospace
electronics and multimedia
financial, realty insurance and merchandise services, such as foreign exchange and leasing
petroleum
nuclear

ITOCHU GROUP

Itochu Corporation
Itochu Oil Exploration Co., Ltd.
Itochu Construction Machinery Co., Ltd.
Itochu Aviation Co., Ltd.
Itochu Mabis Inc.

External link

http://www.itochu.co.jp/

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