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Home > Company Index > Conglomerates > Conglomerates > ITOCHU Corporation

ITOCHU Corporation
OTC: ITOCY
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 NEWS FROM THE STANDARD
Japan Oil Firms to Trade Futures Online
May 14 2001 08:02 AM PDT

 PROFILE
Trading giant ITOCHU is nothing to sneeze at. With more than 160 offices in more than 80 countries, ITOCHU is Japan's #3 "sogo shosha" (general trading company) behind Mitsui and Mitsubishi. Its interests include textile mills in Italy, aircraft parts sellers in the US, and breweries in China. The firm has seven business groups: Food; chemicals, forest products, and general merchandise; plant, automobile and industrial machinery; textiles; energy, metals and minerals; aerospace, electronics, and multimedia; and finance, realty, insurance, and logistics services.

 COMPETITION
Marubeni Corporation (MARUY)
Mitsubishi Corporation (MSBHY)
Mitsui & Co., Ltd. (MITSY)

 DEALS
Deal: Top Layer Networks Raises $8.3 Million
Date Announced: 04.18.01
Value of transaction (US $Mil): 8.3
Description: Top Layer Networks, a network security firm, has raised $8.3 million from LSI Logic, ITOCHU Finance and Banc of America Securities, among others.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 115,105.00
1-Yr. Sales Growth: (1.4)%
Employees: 5,306
Revenue per employee: $21,693,366.00

 KEY PEOPLE
• Uichiro Niwa
    CEO
• Sumitaka Fujita
    CFO

 CONTACT INFO
5-1, Kita-Aoyama 2-chome, Minato-ku
Tokyo 107-8077, Japan
Phone: 81-3-3497-2121
Fax: 81-3-3497-4141
Online: Web Site

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