Tag - itochu

 
Menu
Search
 
March 29, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

ITOCHU

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 — 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 — Mitsubishi, Mitsui, Itochu, Sumitomo and Marubeni — 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.
Warren Buffett
BUSINESS
Feb 25, 2024
Buffett ups his holdings of Japanese trading houses to about 9%
Berkshire first announced its stakes in the trading houses in 2020 with the intention of holding them long-term and increasing them to as much as 9.9%.
Warren Buffett's Berkshire Hathaway is one of the largest shareholders in all five of Japan's biggest trading companies.
BUSINESS / Companies
Jan 30, 2024
Buffett reversal risk pushes Japan firms to diversify investors
Berkshire is one of the largest shareholders in all five of Japan’s biggest trading companies.
Japan Times
BUSINESS / Companies
May 2, 2023
The inside story of Buffett’s big Japan bet, over glasses of Coke at Four Seasons
The billionaire investor's visit is seen as an important vote of confidence in Japan’s big five traders as they pivot away from fossil fuels.
BUSINESS
Apr 3, 2023
Japan firms roll back COVID measures for new recruit welcome events
Businesses are gradually returning to normal after the government revised mask-wearing guidance last month, leaving it up to individuals to decide whether or not to wear masks.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Japan firms agree on long-term LNG deals with U.S. and Oman in fossil fuel reversal
The agreements, driven by high prices, mark a shift for importers that had been moving away from such deals, expecting a transition to cleaner energy sources to reduce gas demand.
Japan Times
BUSINESS / Companies
May 31, 2022
Smart ring that acts as wallet and key gets backing from big Japanese firms
Made out of zirconia, the finger-worn gadget lets people do things such as lock and unlock doors, as well as pay for drinks in stores.
Japan Times
JAPAN
May 9, 2022
Japan to phase out Russian oil use but remain in Sakhalin energy projects
The ban 'in principle' on Russian oil imports is expected to come in stages, and is expected to have limited effect on Japan's supplies.
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 considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Tokyo police seek public's help on Setagaya family murder 24 years ago
Police seek information from the public on a high-profile murder case, in Setagaya Ward, Tokyo, on Saturday
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Copyright questions loom as ChatGPT's Ghibli-style images go viral
A screenshot of OpenAI CEO Sam Altman's Ghibli-style profile picture on X
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Rise and shine with ‘The Wakey Show’
“The Wakey Show” is NHK’s first new daily children’s program in three years, and it carries on the station’s storied past in youth-centric educational entertainment.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties
By Anton L. Delgado

SUSTAINABLE JAPAN

Supporting women’s social participation is Cartier’s commitment
Supporting women’s social participation is Cartier’s commitment

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER