Itochu

Foundation: 1949

Headquarters: Kita Ward, Osaka

President and CEO: Masahiro Okafuji

Website

Itochu Corporation is one of the largest Japanese general trading companies, distinguished by not being descended one of the historical zaibatsu. It grew out of its textile business, but later expanded into many fields. Its annual income is in the range of US$45 billion.

News Timeline

2020

July

-Itochu reportedly offers about US$5.6 billion to increase its stake in the convenience store chain FamilyMart from 50.1% to 100%, which would make it a wholly-owned subsidiary of the trading company.

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