ITOCHU Announces the Conclusion of a Basic Agreement with BIGMOTOR Co., Ltd.

November 17, 2023

ITOCHU Corporation (headquartered in Minato-ku, Tokyo), ITOCHU ENEX Co., LTD. (headquartered in Chiyoda-ku, Tokyo), and J-Will Partners Co., Ltd. (headquartered in Chiyoda-ku, Tokyo) have concluded a basic agreement with Big Motor Co. Ltd. (headquartered in Tama-city, Tokyo) and will begin Due Diligence to verify the feasibility of restructuring the business operated by Big Motor.