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Home > Company Index > Conglomerates > Conglomerates > Kanematsu Corporation

Kanematsu Corporation
 PROFILE
For Kanematsu, it's hold the "sogo", but go heavy on the "shosha". Once Japan's ninth-largest "sogo shosha", or general trading group, the company has dropped "sogo" (general) from its name to specialize in chemicals and energy, foods and foodstuffs, iron and steel, and information technology (IT). Kanematsu's trade in textiles, pulp and paper, and petroleum is being shunted off on its subsidiaries, which have consolidated from 230 to 71. Kanematsu has joined with US venture-company Acorn Campus to market fiber-optic products manufactured by Acorn companies in Japan. Founded in 1889, Kanematsu is affiliated with the Dai-ichi "keiretsu" (groups of companies loosely connected through cross-ownership).

 COMPETITION
Marubeni Corporation (MARUY)
Mitsui & Co., Ltd. (MITSY)
Sumitomo Corporation (8053)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 13,344.30
1-Yr. Sales Growth: (20.5)%
Employees: 785
Revenue per employee: $16,999,108.28

 KEY PEOPLE
• Tadashi Kurachi
    CEO
• Yuzo Niimi
    CFO

 CONTACT INFO
2-1, Shibaura 1-chome, Minato-ku
Tokyo 105-8005, Japan
Phone: 81-3-5440-8111
Fax: 81-3-5440-6500
Online: Web Site

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