Itochu

Itochu Corporation
Native name
伊藤忠商事株式会社
Itōchū Shōji kabushiki gaisha
FormerlyC. Itoh & Co., Ltd.
Company typePublic KK
IndustryGeneral trading
Founded1858; 166 years ago (1858) (predecessor business)
1949; 75 years ago (1949) (present corporation)
FounderChubei Itoh
HeadquartersKita-ku, Osaka, Japan
Minato-ku, Tokyo, Japan[1]
Key people
Masahiro Okafuji (Chairman and CEO)
Keita Ishii[2] (President and COO)
RevenueIncrease ¥4,838 billion (Mar. 2018)
Increase ¥374.5 billion (Mar. 2018)
Total assetsIncrease ¥7,848 billion (Mar. 2018)
Total equityIncrease ¥2,662 billion (Mar. 2018)
OwnerBerkshire Hathaway (7.4%)
Number of employees
102,762 including subsidiaries (Mar. 2018)[3]
Subsidiaries
Websitewww.itochu.co.jp

Itochu Corporation (伊藤忠商事株式会社, previously known as C. Itoh & Co. until 1992) is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo.

It is one of the largest Japanese sogo shosha (general trading and investment companies) distinguished by the strength of its textile business and its successful business operations in China.[3] Itochu was ranked 72nd on the 2020 list of Fortune Global 500 companies, with an annual trading revenue of US$100 billion.[4]

Tokyo headquarters of Itochu
Osaka headquarters of Itochu (North Gate Building)
  1. ^ "Corporate Profile". Itochu Corporation. Retrieved 11 December 2021.
  2. ^ "Message from the President & COO". Itochu Corporation. 1 April 2021. Retrieved 11 December 2021.
  3. ^ a b "伊藤忠商事(株) 企業情報". Yahoo Finance. Retrieved 10 June 2018.
  4. ^ "Global 500: Itochu". Fortune. Archived from the original on 4 August 2018. Retrieved 10 June 2018.