Ichibanya restaurant chain bets that India will take to curry with a Japanese twist
Curry restaurant chain Ichibanya Co. has set up a joint company with trading house Mitsui & Co. to expand into India, the home of curry. Ichibanya said Monday it hopes to open its first Indian outlet in the New Delhi area as soon as early ...
Major trader Mitsui & Co. officially announced Saturday that it and government-linked Japan Oil, Gas and Metals National Corp. (JOGMEC) will jointly invest in a planned Russian-led liquefied natural gas project in the Arctic Ocean along the Russian coast. Tokyo has voiced its expectation for ...
Mitsui & Co. to invest up to around $2.5 billion in LNG project in Mozambique
Mitsui & Co. said Wednesday it has made a final decision to invest in a liquefied natural gas project in Mozambique. The project entails the extraction of natural gas from a large-scale gas field off the coast of the southern African country. The gas will ...
LNG production begins in U.S. project financed by Mitsui, Mitsubishi and others
Production of liquefied natural gas began Tuesday at U.S. facilities under a project financed by investment from major Japanese trading houses Mitsui & Co. and Mitsubishi Corp. Visiting the facilities in the southern state of Louisiana the same day, U.S. President Donald Trump stressed his ...
Mitsui Sugar and Mitsui & Co. to buy Singapore firm for Southeast Asia and Middle East expansion
Leading sugar producer Mitsui Sugar Co. and trading house Mitsui & Co. will acquire a full stake in a Singapore sugar vendor for about $100 million to cash in on growing demand for sweeteners in Southeast Asia and the Middle East. Mitsui Sugar and its ...
Japan's trading houses on the prowl as record earnings boost investment appetite
Domestic trading houses are scouting for assets as they enjoy their best profit outlook in six years, driven by higher prices for commodities from metals and coking coal to oil and natural gas. Equipped with a nearly $50 billion (¥5.3 trillion) war chest, trading houses ...
Trading house Mitsui & Co. said on Wednesday it has reached an agreement to acquire a 40 percent stake in a British rail franchise from a subsidiary of the Dutch national railway. Both Mitsui and Abellio Transport Group Ltd., a wholly owned subsidiary of the ...
Japan experiencing budding startup wave as fundraising environment improves
A wave of startups is emerging in famously risk-averse Japan as cash-rich corporations increasingly delegate the task of keeping pace with technologies such as artificial intelligence and robotics to smaller, nimbler businesses. Japan has been dry ground for startups, given the shame that entrepreneurs and ...
Pakistan says Japan's biggest trading houses are among almost two dozen companies eyeing its liquefied natural gas purchase tender that it says is the largest on record. Mitsubishi Corp., Mitsui & Co. and Marubeni Corp., have expressed interest in the LNG order, which was announced ...
Mitsui's Indian home shopping partner plans push to dominate market
With e-commerce and TV shopping gaining traction in India, Naaptol Online Shopping Pvt. Ltd. is looking to expand further by leveraging partner Mitsui & Co.'s experience in home shopping, top company officials say. "Our TV shopping business currently attends around 200,000 calls a day from ...
Energy rout fells Japan's venerated 'Big Three' trading giants
The energy price collapse is doing in Japan what the Great Depression and two world wars couldn't: put an end to a century of dominance by its three most prestigious companies. The trading house descendants of Mitsubishi, Mitsui and Sumitomo, which have dominated the nation's ...
Japan's trading houses trying to beat U.S. to Cuba
Japan's largest trading houses are positioning themselves in Cuba before any easing of U.S. sanctions, seeking opportunities in infrastructure, resources and automobiles as Havana emerges from near-isolation. Mitsubishi Corp., the nation's largest trader, opened an office this month in Havana and is currently researching potential ...
