Primary contents from here.
Food Company
The Food Company comprises three divisions and one department: the Provisions Division, Fresh Food & Food Business Solutions Division, Food Products Marketing & Distribution Division and China Business Development Department.
The goal of this division company is to become the leading company in the global food industry.
Accordingly, the Food Company globally advances and develops Strategic Integrated System (SIS) strategies that realizes efficient, customer-driven production, distribution, and sales by organically linking food resources development, food resources supply, product processing, midstream distribution, and retail. Further, throughout that system we are upgrading controls for food safety even further to ensure trust and reliability.
Business Fields
Food Resources- Using supply locations in North America, Asia, Australia, Central and South America and elsewhere, we procure foodstuffs such as grains, ingredients for animal feed, oilseed, vegetable oil, sugar, fruit juice, coffee beans and livestock products for third party countries with the focus on Japan and Asia.
Product Processing- At the Food Company, we are stepping up initiatives in production and processing through Group companies. As well as making use of the strengths of the trading company in procuring ingredients, we also cooperate in marketing.
Midstream Distribution- With ownership of food wholesalers such as ITOCHU Shokuhin Co., Ltd. and NIPPON ACCESS, Inc., we are not only top of the industry in terms of size but, as a wholesaler with high added value and fully capable of responding to diversifying needs, we expect further growth.
Retail- The Strategic Integrated System (SIS) that forms the cornerstone strategy of the Food Company takes customer needs as its starting point and uses the information obtained as the basis for actions from product development and manufacturing to the supply and procurement of ingredients. Through associations with FamilyMart and other retailers, we are building a supply and demand system based on customer needs collected from those group retailers.
The Growth Strategies of the Food Company
![[Fig]](/en/business/food/img/pic_18.jpg)
Strategy
In the implementation of the domestic SIS strategy, we are further accelerating our initiatives, including capital and business alliances in the retail area and integration of Group companies in the distribution and marketing area. In addition to Japan, under Brand-new Deal 2012, one of our key measures remains the same, the implementation of the global SIS strategy, focusing on China and Asia. In China, we have made TING HSIN (CAYMAN ISLANDS) HOLDING CORP. our affiliate and implemented initiatives centered on strategic partnerships with such companies as Longda Foodstuff Group Co., Ltd., and COFCO Limited. In this way, we are building a foundation for the SIS strategy. In Asia, we will further advance and develop the SIS strategy, centered on the continued cultivation of existing projects and the implementation of joint initiatives with strategic partners. In particular, in countries around the world we will step up our efforts to secure and expand bases for the supply of food resources, which will be an important element in the implementation of the global SIS strategy.
Related News
- Dec. 1, 2011
![[News]](/en/shared/img/news_icon_01.png)
ITOCHU Announces Opening of First VI NA FamilyMart Store, the First Joint Venture Japanese Retail Business in Vietnam- Aug. 9, 2011
- ITOCHU Announces the Merger of I-FOODS Co., Ltd. and ITOCHU Rice Corporation
- Jul. 28, 2011
- ITOCHU Announces Establishment of Vina FamilyMart Co., Ltd., the First Joint Venture Japanese Retail Business in Vietnam
- Jul. 22, 2011
- Hahanokimochi, a New Brand under Karada Smile Project Run by Four Companies from UNY Group and ITOCHU Group, Launches its Second Product - Shokumotsu Sen-i Tappuri Yogurt
- Jun. 30, 2011
- Sales Commence of the First Merchandise from Hahanokimochi, a New Brand Under the Karada Smile Project Run by Four Companies from the UNY Group and the ITOCHU Group!
Main Project
Strengthening Our Partnership with the Ting Hsin Group- We have invested in Ting Hsin (Cayman Islands) Holding Corp, which is the holding company for the Ting Hsin Group, a major food and distribution company in China and Taiwan.
Comprehensive Tie-up with COFCO Limited- A comprehensive strategic tie-up with COFCO Limited—China's largest food-related company—aiming for mutual growth and prosperity.
The Export Grain Terminal on the west coast of United States (EGT)- In collaboration with Bunge and STX Pan Ocean, we will build a new export grain terminal, which will be the largest on the west coast of the United States.
The Bread Business in China- We are entering the bread-making business in China by setting up a joint venture with Shikishima Baking Co., Ltd. and Wei Chuan Foods Corporation in the Ting Hsin Group.
The Milk Powder Business in Australia- We are developing the milk powder business in collaboration with the Australian dairy manufacturer, Burra Foods Pty Ltd.
Karada Smile Project (Healthy food merchandising)- We are collaborating with FamilyMart and the UNY Group on developing products based on the concept of
- Eat as much healthy food as possible.
- As much as possible, satisfy your body with food.
Restructuring in the ITOCHU's Food Manufacturing Business- Through business alliances with Prima Meat and ITOCHU Feed Mills, and with Prima Meat and Yayoi Foods.
Organization
Medium-term Management Plan
Global Network
Subsidiaries & Associates
General Trading Company—The Key Phrase for Understanding ITOCHU
Annual Report
Segment Highlights
Food Company Inquiries
