• SHARE

Major trading house Nissho Iwai Corp. will set up a new company in April by spinning off the administrative division at its corporate headquarters in Tokyo to streamline operations, company officials said Wednesday.

The division has 580 workers in the general affairs, accounting, personnel affairs and other departments, and 440 of them will be transferred to the new company, the officials said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW