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SNAPSHOT
Tireless Business Creation
Evolving into a Business-Creating Company
From intermediary to creator, from a single approach to a multifaceted approach —amid volatile business conditions, ITOCHU Corporation has tirelessly developed its unique growth model while constantly creating new businesses.
Discovering Markets and Creating Businesses
ITOCHU has developed its growth model flexibly in response to dramatic changes in the business conditions it faces—such as structural change in the global economy and increasingly borderless markets.
Traditionally, our business model has centered on businesses that are market intermediaries. In other words, businesses linking suppliers with users have accounted for the majority of operations.
Currently, we are looking for potential markets (business seeds) to actively build businesses ourselves going forward.
After identifying a market, in light of our expertise and experience as well as market characteristics, we will create businesses in optimal business areas that include raw material production, processing or manufacturing, wholesale and distribution, and retail.
Create new businesses
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- NAMISA Iron Ore Mines in Brazil(Developing metals and mineral resources)
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- renoma (Brand business in China with Shanshan Group Co., Ltd.)
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- EGT (Grain Export Terminal on the West Coast in the U.S.)
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- Kwik-Fit (Tyre retail business in the U.K.)
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- CPV Keenan II LLC(Wind Power Generation Business in North America)
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- FamilyMart store in China(CVS business with the Ting Hsin International Group)
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- DEAN & DELUCA (Lifestyle brand business)
Diversifying Participation Formats
When creating businesses, we will take into consideration market and business characteristics as well as earning opportunities and risks, and then participate in new areas in the most appropriate way and heighten our overall business coordination capabilities. Our options will include tie-ups with competitive partners, strengthening tie-ups and stabilizing businesses through capital investment, and participating in management or making companies into subsidiaries with a view to generating revenue synergistically or optimizing overall business.
Continuous Asset Replacement for Enhancing Asset Efficiency
Management risk grows as we increase our commitment to a market through business investment. In some cases, business projects may not produce the results we initially expected. We will always scrutinize the strategic relevance of each business investment and seek to replace assets continuously to maintain and enhance asset efficiency.
ITOCHU Mission
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