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Tag - itochu

 
 

ITOCHU

ATMs developed by Seven Bank have been installed at FamilyMart stores in Tokyo¡¯s Minato Ward and became available for use by store visitors on Monday.
BUSINESS / Companies
Jun 2, 2026
Seven Bank-developed ATMs made available at FamilyMart stores
The new ATMs offer services similar to those of regular Seven Bank ATMs.
A subsidiary of Itochu will take over the Japan sales operations of U.S. medical equipment maker SunMed Group Holdings, which does business in the country as AirLife.
BUSINESS / Companies
May 20, 2026
Itochu expands healthcare business with takeover of AirLife¡¯s sales
The move comes as Japan¡¯s trading houses cement healthcare as a key pillar of their businesses, placing it alongside traditional mainstays such as oil, gas and metals.
Itochu and other Japanese trading houses are making investments to solve the supply chain bottleneck for official toys, apparel and collectibles of anime and manga in overseas markets.
BUSINESS / Companies
May 15, 2026
Itochu invests in San Francisco venture to chase anime merchandise demand
Following Itochu¡¯s investment, startup Octas will license Japanese characters and work with North American manufacturers and retailers to develop products.
Japan's Ambassador to China Uichiro Niwa (left) shakes hands with Chinese Premier Wen Jiabao after a meeting in Beijing in October 2011.
JAPAN
Jan 9, 2026
Uichiro Niwa, former Itochu president and envoy to China, dies at 86
Niwa was the first Japanese ambassador to China from the private sector since the 1972 diplomatic normalization between the two nations.
Japan¡¯s major trading houses face a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood Asia, limiting profits for at least six months.
BUSINESS / Companies
Nov 6, 2025
Japan¡¯s trading houses brace for more pain from China steel glut
Japan¡¯s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond.
Itochu is planning to issue between ?30 billion and ?50 billion in local currency debt and is weighing a $500 million bond, said Kenichiro Soma, executive officer and general manager of finance.
BUSINESS / Companies
Sep 26, 2025
Itochu mulls first dollar note issue in five years to diversify
The push comes as tighter credit spreads and expectations for U.S. rate cuts fuel demand for investment-grade bonds, with premiums over government debt near the lowest since 2007.
Itochu has raised ?15.2 billion ($103 million) from a sale of Japan¡¯s first so-called orange bonds to fund gender equality projects.
BASEBALL
Sep 5, 2025
Itochu sells Japan¡¯s first orange bonds for gender equality
The Japanese trading house raised ?15.2 billion ($103 million) from the debt sale, more than the initial plan for a ?10 billion offering.
Intermediary support is crucial for drug availability in Japan, where more than 50 therapies have been identified as needed but unavailable to patients.
BUSINESS / Companies
Jun 5, 2025
Itochu working to support overseas pharma firms to fill Japan¡¯s drug gaps
Two units of the trading house will assist with everything from early-stage consulting, regulatory advice and clinical testing support to post-launch distribution.
Seven & I hopes to focus more on its 7-Eleven convenience stores.
BUSINESS / Companies / FOCUS
May 28, 2025
Seven & I¡¯s move away from banking leaves market wondering
7-Eleven¡¯s ATMs are an important part of the convenience store operator¡¯s business.
Seven & I Holdings plans to sell part of its stake in Seven Bank to Itochu, sources said, as a part of efforts to improve its corporate value by focusing on its convenience store business.
BUSINESS / Companies
May 21, 2025
Seven & I considers selling portion of Seven Bank shares to Itochu
The move is part of efforts to improve its corporate value by focusing on its convenience store business amid a bid to acquire it.
The office building housing the headquarters of Berkshire Hathaway in Omaha, Nebraska, on Saturday.
BUSINESS / Companies
May 4, 2025
Buffett vows long-term investment in Japanese traders
At an annual shareholders meeting of Berkshire held in Omaha, Nebraska, the same day, Buffett gave high marks to the five traders again.
Seven & I has spent months fending off Couche-Tard¡¯s takeover bid with complex maneuvers, but instead of chasing defensive strategies, it should focus on strengthening its core convenience-store business, which still has untapped potential.
COMMENTARY / Japan
Mar 4, 2025
7-Eleven¡¯s time-wasting isn¡¯t so convenient
Retail is a fast-moving industry ¡ª and months spent fending off Couche-Tard means less focus on strategy.
Itochu dropping its Seven & I Holdings buyout plan would place Alimentation Couche-Tard¡¯s offer back in the limelight.
BUSINESS / Companies
Feb 27, 2025
Itochu drops Seven & I buyout, putting Couche-Tard back in limelight
An individual with an understanding of the deal said Itochu and Seven & I lacked synergy to justify the deal.
Warren Buffett's plans to increase holdings in Japanese trading houses are seen as a stamp of approval for the undervalued sector.
BUSINESS / Markets
Feb 25, 2025
Buffett¡¯s fervor for Japan trading firms sparks share rally
Buffett praised Japan¡¯s trading firms for increasing dividends when appropriate and for being less aggressive in their executive pay than U.S. counterparts.
Warren Buffett, chairman of Berkshire Hathaway Inc., says he is looking to increase ownership in Japan¡¯s five largest trading houses.
BUSINESS
Feb 23, 2025
Berkshire set to gradually raise stakes in Japan trading houses
The shares of the five ¡ª Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni ¡ª have benefited over the longer term from Buffett¡¯s interest.
Seven & I Holdings on Wednesday said that it has received a nonbinding offer for the company from Junro Ito, a vice president and representative director of the company, and Ito Kogyo, a company connected to him.
BUSINESS / Companies
Nov 13, 2024
Seven & I considers massive management buyout offer
The offer brings together a member of the company¡¯s founding family, a giant trading company and some of Japan¡¯s largest banks.
A FamilyMart convenience store in Tokyo. Around-the-corner stores iconic to Japan help the trading houses to monetize on their food and apparel businesses.
BUSINESS / Companies
Nov 6, 2024
Food and FamilyMart drive Itochu¡¯s half-year profit up 6%
Itochu kept its net profit forecast for the year unchanged at ?880 billion, of which 24% is projected from food, textiles and the division where FamilyMart belongs.
Itochu is buying back ?150 billion worth of its own shares.
BUSINESS / Companies
Aug 6, 2024
Itochu to buy back shares and take full control of apparel and chemicals units
The deals are part of a trend of dissolving dual listings of parent and subsidiary companies to enhance corporate governance and improve operational efficiency.
A hydrogen storage tank with an under-construction green hydrogen compressor at a liquid fuels facility in Sasolburg, South Africa.
BUSINESS / Companies
Jun 13, 2024
South Africa¡¯s biggest green-hydrogen project woos Japanese investors
If approved, the plant will use 3,700 megawatts of renewable power generation capacity to split water to produce 1 million tons of hydrogen a year.
A Bigmotor outlet in Tama, Tokyo, in September
BUSINESS / Companies
Mar 6, 2024
Itochu announces turnaround support for Bigmotor
Itochu is considering investing ?20 billion in a new company to take over Bigmotor¡¯s key assets.

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