What is Itochu?

Itochu is one of the largest Japanese sogo shosha (general trading companies). Among Japanese trading companies, it is distinguished by not being descended from a historical zaibatsu group, but by the strength of its textile business and its successful business operations in China.

What does Itochu Corp do?

ITOCHU is involved in domestic trading, import/export, and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, general products, realty, information and communications technology, and finance, as well as business investment in Japan and overseas.

How many subsidiaries does Itochu have?

The North American flagship company of ITOCHU Corporation, ITOCHU International provides trading services for more than 20,000 items and manages a portfolio of over 20 subsidiaries and affiliates as well as a diversified range of investments.

Does Itochu own Dole?

(Dole Asia Holdings, which includes Dole Packaged as well as Asia Fresh Produce, was acquired by Itochu Corp. in 2012.)

When was Itochu founded?

1858
Itochu/Founded

What is a Japanese trading company?

Sogo shosha (総合商社, sōgō shōsha, or general trading companies) are Japanese 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.

What is the meaning of sogo shosha?

general trading companies
Sogo shosha (総合商社, sōgō shōsha, or general trading companies) are Japanese 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.

Is Mitsubishi publicly traded?

Mitsubishi Corporation (三菱商事株式会社, Mitsubishi Shōji Kabushiki-gaisha) is Japan’s largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu….Mitsubishi Corporation.

Headquarters, the Marunouchi Park Building in Marunouchi, Chiyoda, Tokyo.
Formerly	Kowa Jitsugyo Kaisha Mitsubishi Shoji Kaisha, Ltd.
Type	Public KK

Is Dole a Japanese company?

Dole Food Co., the giant fruit and vegetable seller based in Westlake Village, sold two major portions of its business to Japanese trading behemoth Itochu Corp. Together, the businesses pulled in $2.5 billion in revenue in 2011. Itochu will get exclusive global rights to Dole’s trademark on packaged foods.

Which is the biggest sogo shosha?

Warren Buffett’s Berkshire Hathaway recently revealed 5% stakes worth a total of $7 billion in five Japanese giants: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. They are the largest of the country’s “sogo shosha” — general trading companies that engage in a vast range of international business activities.

What is Japanese trading house?

Among the largest are MUFG Bank, Mitsubishi Electric, Mitsubishi Heavy Industries and Mitsubishi Corporation. Mitsubishi Corporation is not only the largest trading company Japan, but also one of the largest Japanese companies altogether, with an annual sales revenue of around 7.6 trillion Japanese yen.

What does the word zaibatsu mean?

wealthy clique
Zaibatsu, (Japanese: “wealthy clique”), any of the large capitalist enterprises of Japan before World War II, similar to cartels or trusts but usually organized around a single family. All zaibatsu owned banks, which they used as a means for mobilizing capital.