Tag - itochu

 
 

ITOCHU

Japan Times
BUSINESS
Jan 14, 2022
Hitachi to sell half of stake in construction machinery unit
The company currently owns about 51% of the unit. Of the total, 26% will be sold to a joint venture between trading house Itochu Corp. and investment fund Japan Industrial Partners Inc.
Japan Times
BUSINESS
Aug 31, 2021
Warren Buffett has made $2 billion so far with bet on Japan's trading houses
The gain of more than 30% across the five firms has outpaced the benchmark Topix index's 21% rise, without accounting for dividend income.
Japan Times
BUSINESS / Companies
Aug 19, 2021
UAE sells another blue ammonia shipment to Japan in push toward hydrogen
Seen as crucial to the future of global energy, blue ammonia is made from hydrogen and emits only water vapor when burned.
Japan Times
BUSINESS / Companies
Nov 5, 2020
CMC’s sale of Fancl’s Asian business draws interest from firms
Marketed as being free from preservatives and other chemicals, Fancl's skincare products and nutritional supplements are popular among consumers in Asia.
Japan Times
BUSINESS / Markets
Oct 13, 2020
Buffett-led share price boom short-lived for most Japan trading firms
The August announcement, among the largest investments ever made by Buffett in Japan, boosted investor interest in the trading companies.
Japan Times
BUSINESS / Companies
Aug 31, 2020
Berkshire Hathaway takes stakes topping $6 billion in Japan's top five trading companies
Shares in the trading houses leaped on news of the foray, one of billionaire Warren Buffett's biggest in Asia's second-largest economy.
Japan Times
BUSINESS / Companies
Aug 25, 2020
Itochu raises stake in FamilyMart to 65% via tender offer
The move will allow the trading firm to begin delisting the convenience store operator from the first section of the Tokyo Stock Exchange and take it private.
Japan Times
BUSINESS
Aug 20, 2020
Japanese trading giant Itochu edges traditional rivals by shunning energy and metals
Itochu is shattering the old pecking order led by Mitsubishi, Mitsui and Sumitomo by extending its lead as the nation's most valuable trader.
Japan Times
BUSINESS / Companies
Jul 8, 2020
Itochu planning ¥600 billion bid for Japan’s FamilyMart chain
Trading companies have been increasing their stakes in the country's biggest convenience store operators as a way to diversify business.
BUSINESS / Companies
Jun 23, 2015
Itochu exits U.S. shale foray with $1 sale
Itochu Corp. ended its $1 billion foray into U.S. shale by selling its 25 percent stake in Samson Resources Corp. back to Samson for $1.
JAPAN / Society
May 28, 2015
Early summer shifts have merit but experts see overtime, family disruption risks
Prime Minister Shinzo Abe is hoping to kick-start a summer of love by shifting work hours forward in order to free up time in the evenings for families to spend together.
BUSINESS / Companies
May 1, 2015
Itochu to boost dividends, expects 10% increase in profit
Itochu Corp., the third-largest trading house in the country by market value, will boost its dividend payout this year as it targets a 10 percent jump in profit.
BUSINESS / Companies
Mar 4, 2015
Itochu selling China Food unit to Asahi group
Itochu Corp. has agreed to sell a Chinese food unit to Asahi Group Holdings Ltd., as the trading house seeks to raise funds ahead of its planned $5 billion investment in Citic Ltd. and to maintain its profit forecasts.
BUSINESS / Companies
Jul 24, 2014
Itochu crafts $1 billion tie-up with Thailand's CP Group
Itochu Corp on Thursday entered into a $1 billion tie-up with Thai billionaire Dhanin Chearavanont's Charoen Pokphand Group, targeting rising demand for meat and livestock products in China and elsewhere in Asia.

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