Major Subsidiaries and Associated Companies

As of March 31, 2025

Textile Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/
Overseas
Stock Listing
CI Shopping Service Co., Ltd.

Sale of everyday items aimed at ITOCHU Group employees and families

Subsidiary

100.0

Japan

CI TEXTILE SERVICE CO., LTD.

Outsourcing of administrative duties for delivery, production control, and quality control

Subsidiary

100.0

Japan

CORONET CORPORATION

Manufacturing, importation and distribution of ready-to-wear

Subsidiary

100.0

Japan

DESCENTE LTD.

Manufacture and sales of sportswear and related articles

Subsidiary

100.00

Japan

DOME CO., LTD.

Production and sale of sporting goods (Under Armor products)

Subsidiary

69.7

Japan

EDWIN CO., LTD.

Planning, manufacture and wholesale of jeans & other apparel products

Subsidiary

100.0

Japan

ITOCHU FASHION SYSTEM CO., LTD.

Comprehensive consulting in the fashion industry

Subsidiary

100.0

Japan

ITOCHU MODEPAL CO., LTD.

Manufacture and wholesale of apparel

Subsidiary

100.0

Japan

JOI'X CORPORATION

Manufacture and wholesale of men’s apparel

Subsidiary

100.0

Japan

LEILIAN CO., LTD.

Retail of women’s apparel

Subsidiary

100.0

Japan

ROYNE CO., LTD.

Manufacture and wholesale of woven and knitted products

Subsidiary

100.0

Japan

SANKEI CO., LTD.

Manufacture and wholesale of garment materials

Subsidiary

100.0

Japan

SCABAL JAPAN Co., Ltd.

Import and sale of SCABAL brand fabrics

Subsidiary

80.0

Japan

UNICO CORPORATION

Manufacture and wholesale of uniforms

Subsidiary

100.0

Japan

ITOCHU Prominent U.S.A. LLC

Wholesale of textile materials, fabrics and apparel

Subsidiary

100.0

U.S.A.

ITOCHU TEXTILE (CHINA) CO., LTD.

Production control and wholesale of textile materials and apparel

Subsidiary

100.0

China

ITOCHU Textile Prominent (ASIA) Ltd.

Production control and wholesale of apparel

Subsidiary

100.0

Hong Kong

Machinery Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
AICHI CORPORATION *1

Manufacturing and sales of truck-mounted and self-propelled aerial platform vehicles

Associate

27.28

Japan

Prime Market
Premier Market

Hitachi Construction Machinery Co., Ltd. *2

Manufacturing, sale, rental and after-sales service of construction machinery, transportation machinery, environment-related products, etc.

Associate

20.0

Japan

Prime Market

IC Aero Co., Ltd.

Arrangement of leases, purchase and sale, and provision of management services for aircraft and aircraft engines

Subsidiary

100.0

Japan

IMECS Co., Ltd.

Ship-owning, chartering, chartering and S&P broking, accounting service for ship-owning SPC

Subsidiary

100.0

Japan

ISUZU LEASING SERVICES LTD.

Leasing and maintenance services for commercial vehicles, etc.

Associate

49.0

Japan

ITOCHU AVIATION CO., LTD.

Import / export and wholesale of aircraft, aircraft part, and related equipment

Subsidiary

100.0

Japan

ITOCHU Automobile Corporation

Export, import and trinational trade of car parts and finished vehicles

Subsidiary

100.0

Japan

ITOCHU MACHINE-TECHNOS CORPORATION

Import / export and wholesale of industrial machinery

Subsidiary

100.0

Japan

ITOCHU Plantech Inc.

Export and import of small-to-medium-scale plant and equipment and domestic environmental and energy solution and renewable energy businesses

Subsidiary

100.0

Japan

ITOCHU TC CONSTRUCTION MACHINERY CO., LTD.

Sales and rental of construction machinery, materials, etc. in Japan

Associate

50.0

Japan

JAPAN AEROSPACE CORPORATION

Maintenance of Helicopter Engines, Modification of Aircraft, Import Sales of Aerospace Equipment and Installation & Sustainment Service of Airport Airside Equipment, etc.

Subsidiary

100.0

Japan

Kawasaki Motors, Ltd. *3

Manufacturing, sales, and after-sales service of powersports products and general-purpose engines, etc.

Associate

20.0

Japan

Tokyo Century Corporation

Businesses in Domestic Equipment Leasing, Automobility, Specialty Financing, International and Environmental Infrastructure

Associate

30.0

Japan

Prime Market

Toyo Advanced Technologies Co., Ltd.

Manufacturing and sales of machine tools and automobile parts

Associate

50.0

Japan

YANASE & CO., LTD.

Sales and repair of automobiles

Subsidiary

90.5

Japan

Auto Investment Inc.

Retail of motor vehicles

Subsidiary

100.0

U.S.A.

I-ENVIRONMENT INVESTMENTS LIMITED

Company developing and investing in infrastructure projects (water, environment, renewable energy, etc.) in Europe and the Middle East

Subsidiary

100.0

U.K.

INDUSTRIOUS GROUP INC.

Maintenance of hydraulic turbines and other machinery, sale of parts and engineering services

Subsidiary

100.0

U.S.A.

ITOCHU AVIATION INC.

Import / export and wholesale of aircraft, aircraft parts, and related equipment

Subsidiary

100.0

U.S.A.

ISUZU VIETNAM CO., LTD

Import, assembly, and wholesale of commercial vehicles

Associate

28.0

Vietnam

Kawasaki Motors Retail Finance, LLC *4

Retail finance business for the powersports products manufactured and sold by Kawasaki Motors group companies.

Associate

50.0

U.S.A.

Killick Aerospace Limited

Parting out aircraft, sales of used parts, sales of OEM parts, engine leasing, etc.

Associate

45.0

Ireland

MULTIQUIP INC.

Distribution and manufacturing of light construction equipment and generators

Subsidiary

100.0

U.S.A.

NAES CORPORATION

Provider of the following services:
- Operation and maintenance of power plants and infrastructure equipment
- Asset management
- Machinery maintenance, construction and technical services

Subsidiary

100.0

U.S.A.

PT. BHIMASENA POWER INDONESIA

Independent power producer (IPP) in Indonesia

Associate

32.0

Indonesia

PT HEXA FINANCE INDONESIA

Auto retail finance for construction machinery

Associate

50.0

Indonesia

PT Hexindo Adiperkasa Tbk

Sales and service of construction machinery

Associate

25.0

Indonesia

RICARDO PÉREZ, S.A.

Automobile distributor and dealer

Subsidiary

70.0

Panama

Sarulla Operations Ltd

Geothermal power operation in Indonesia

Associate

25.0

Indonesia

TYR ENERGY INC.

Development of power stations, investment and energy management in North America

Subsidiary

100.0

U.S.A.

ZAXIS Financial Services Americas, LLC

Financial company selling construction machinery

Associate

35.0

U.S.A.

  1. Investment executed in May 2025; ownership % as of June 30, 2025.
  2. Ownership % as of June 30, 2025.
  3. Investment executed in April 2025; ownership % as of June 30, 2025.
  4. Investment executed in April 2025; ownership % as of June 30, 2025.

Metals & Minerals Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
ITOCHU Mineral Resources Development Corporation

Consulting and technical services in mine development, operation, and sustainable development

Subsidiary

100.0

Japan

Marubeni-Itochu Steel Inc.

Import, export, processing, and sales of steel products

Associate

50.0

Japan

ITOCHU Metals Corporation

Trade and investment in metal materials, products, and recycle business

Subsidiary

100.0

Japan

ITOCHU Minerals & Energy of Australia Pty Ltd

Investment and sales in resource development projects including those of iron ore, coal, and non-ferrous metals, etc.

Subsidiary

100.0

Australia

ITC Platinum Development Ltd

Management of PGMs & Nickel Project in South Africa

Subsidiary

75.0

U.K.

JAPÃO BRASIL MINÉRIO DE FERRO PARTICIPAÇÕES LTDA.

Investment and management of iron ore projects in Brazil

Subsidiary

77.3

Brazil

Energy & Chemicals Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
ITOCHU ENEX CO., LTD.

Wholesale of petroleum products and LPG and electricity and supply business and mobility business

Subsidiary

55.6

Japan

Prime Market

ITOCHU CHEMICAL FRONTIER Corporation

Wholesale of fine chemicals and related raw materials

Subsidiary

100.0

Japan

ITOCHU Oil Exploration Co., Ltd.

Promotion of oil and gas exploration & production projects, and low-carbon business such as CCS

Subsidiary

100.0

Japan

ITOCHU PLASTICS INC.

Development and wholesale of plastics and related products

Subsidiary

100.0

Japan

ITOCHU Retail Link Corporation

Wholesale of daily necessities and plastic products for retailers

Subsidiary

100.0

Japan

C.I. TAKIRON Corporation

Manufacture and sale of various synthetic resins and related products

Subsidiary

100.0

Japan

Sanipak Company Of Japan, Ltd.

Manufacture and sales of plastic bags, mainly garbage bags

Subsidiary

100.0

Japan

Chemical Logitec Co., Ltd.

Logistic service in the chemical industry

Subsidiary

100.0

Japan

BRUNEI METHANOL COMPANY SDN BHD

Manufacture of methanol in Brunei

Associate

25.0

Brunei

ITOCHU PETROLEUM CO., (SINGAPORE) PTE. LTD.

International trade of crude oil and petroleum products

Subsidiary

100.0

Singapore

ITOCHU Plastics Pte., Ltd.

Wholesale of plastic resins

Subsidiary

100.0

Singapore

BEIJING ITOCHU-HUATANG COMPREHENSIVE PROCESSING CO., LTD.

Wholesale of daily necessities for retailers and electrical traders, import/export and domestic sales of packaging materials and raw materials

Subsidiary

100.0

China

ITOCHU CHEMICALS AMERICA INC.

Import/export and domestic distribution of general chemicals within North America

Subsidiary

100.0

U.S.A.

Food Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
ITOCHU-SHOKUHIN Co., Ltd.

Wholesale and distribution of liquors and food products

Subsidiary

52.5

Japan

Prime Market

ITOCHU Food Sales and Marketing Co.,Ltd.

Import and wholesale of food materials

Subsidiary

100.0

Japan

ITOCHU FEED MILLS CO., LTD.

Manufacture and wholesale of compound feeds

Subsidiary

100.0

Japan

WELLNEO SUGAR Co., Ltd.

Management of group companies that manufacture, process and sales of sugar and other by-products

Associate

37.4

Japan

Prime Market

KI Fresh Access, Inc.

Wholesale of fresh produce and processed foods, operation of dedicated fruit and vegetable centers and comprehensive contracted logistics operations

Associate

50.0

Japan

Dole International Holdings, Inc.

Investment in Asian fresh produce business and worldwide packaged foods business

Subsidiary

100.0

Japan

NIPPON ACCESS, INC.

Wholesale and distribution of foods

Subsidiary

100.0

Japan

JAPAN NUTRITION Co., Ltd.

Manufacture and wholesale of feed and feed additive

Subsidiary

100.0

Japan

FUJI OIL. CO., LTD.

Development, manufacture and sale of vegetable oils and fats, industrial chocolate, emulsified and fermented ingredients and soy-based ingredients

Associate

43.9

Japan

Prime Market

Prima Meat Packers, Ltd.

Production and marketing of meat, ham, sausage, and processed foods

Subsidiary

48.7

Japan

Prime Market

CGB ENTERPRISES, INC.

Handling of grain and operation of barges

Associate

50.0

U.S.A.

HYLIFE GROUP HOLDINGS LTD.

Hog farming and manufacture of pork

Associate

49.9

Canada

PT. ANEKA COFFEE INDUSTRY

Processing and export of coffee

Associate

28.5

Indonesia

PT. ANEKA TUNA INDONESIA

Production of canned and pouched tuna

Subsidiary

47.0

Indonesia

Quality Technology International, Inc.

Wholesale and export of high-value-added feed materials and feed additives

Subsidiary

100.0

U.S.A.

UNEX (GUATEMALA), S.A.

Export and manufacturing of coffee

Subsidiary

80.0

Guatemala

General Products & Realty Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
CENTURY 21 REAL ESTATE OF JAPAN LTD.

Headquarters of real estate franchise system

Associate

48.4

Japan

Standard Market

CHUSETSU Engineering Co., Ltd.

Planning, designing and construction mainly for food factories

Associate

50.0

Japan

DAIKEN CORPORATION

Manufacture of building materials and construction parts

Subsidiary

100.0

Japan

FORJ Co., Ltd.

Production, sale, and export of Japanese cedar lumber

Subsidiary

90.0

Japan

ITOCHU Ceratech Corp.

Manufacture and sale of Refractory Raw Material, Ceramic Sand and Carbon-Neutral Catalyst

Subsidiary

100.0

Japan

ITOCHU HOUSING CO., LTD.

Real estate agent and property consultant

Subsidiary

100.0

Japan

ITOCHU KENZAI CORPORATION

Wholesale of wood products and building materials

Subsidiary

100.0

Japan

ITOCHU LOGISTICS CORP.

Comprehensive logistics services (3PL,warehousing,trucking,international freight forwarding,customs clearance,and NVOCC)

Subsidiary

100.0

Japan

ITOCHU Property Development, Ltd.

Development, sales and leasing of real estate

Subsidiary

100.0

Japan

ITOCHU Pulp & Paper Corp.

Paper-based solutions, woodchip trading, and afforestation

Subsidiary

100.0

Japan

ITOCHU REIT Management Co.,Ltd.

Asset management for Advance Residence Investment Corporation and Advance Private Investment Corporation and the joint operation of logistics and industrial real estate-focused REIT Mitsui Fudosan Logistics Park Inc. with Mitsui Fudosan Co., Ltd.

Subsidiary

100.0

Japan

ITOCHU Urban Community Ltd.

Operation and management of real estate property

Subsidiary

100.0

Japan

ITOHPIA HOME CO., LTD.

Planning and construction of homes

Subsidiary

100.0

Japan

Nishimatsu Construction Co., Ltd. *1

General contractor primarily engaged in civil engineering and building construction

Associate

22.0

Japan

WECARS Co., Ltd.

Purchase and sale of used cars, vehicle inspections, general maintenance, and bodywork and paint services

-

-

Japan

Alta Forest Products LLC

Manufacture and sale of wooden fence

Subsidiary

100.0

U.S.A.

CIPA Lumber Co. Ltd.

Manufacture and sales of veneer

Subsidiary

100.0

Canada

European Tyre Enterprise Limited

Headquarters of Stapleton's (tyre distributor) and Kwik-Fit group (tyre retailer) management

Subsidiary

100.0

U.K.

IP Integrated Services Pvt.Ltd.

Comprehensive logistics services (3PL, warehousing, trucking and forwarding)

Associate

49.9

India

ITOCHU Building Products Holdings Inc.

Supervision of North American building materials related business

Subsidiary

100.0

U.S.A.

ITOCHU FIBRE LIMITED

Distribution and trading of pulp, wood chip and paper materials and investment in Metsä Fibre Oy

Subsidiary

100.0

U.K.

ITOCHU LOGISTICS (CHINA) CO., LTD.

Comprehensive logistics services (3PL, warehousing and trucking)

Subsidiary

100.0

China

MASTER-HALCO, Inc.

Chain link fence manufacturer and fences and ODL-related products distributor

Subsidiary

100.0

U.S.A

P.T. ANEKA BUMI PRATAMA

Processing and sales of natural rubber

Subsidiary

100.0

Indonesia

P.T. MALIGI PERMATA INDUSTRIAL ESTATE

Development, sale, and management of industrial parks

Associate

50.0

Indonesia

PACIFIC WOODTECH CORPORATION

Manufacture and sales of LVL and I-Joist

Subsidiary

100.0

U.S.A.

US Premier Tube Mills LLC

Fence pipe manufacturer

Subsidiary

100.0

U.S.A.

  1. The company became an affiliate in Q1 of FYE 2026.

ICT& Financial Business Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
A2 Healthcare Corporation

CRO(Contract Research Organization)

Subsidiary

100.0

Japan

Asurion Japan K.K.

Mobile insurance agency

Associate

33.3

Japan

Bellsystem24 Holdings, Inc.

Contact center outsourcing and other BPO businesses

Associate

40.7

Japan

Prime Market

Century Medical, Inc.

Development, import and sale of medical devices

Subsidiary

100.0

Japan

Cosmos Risk Solutions Co., Ltd.

Insurance broking services and risk consulting

Subsidiary

100.0

Japan

FM Insurance Service Co., Ltd

Insurance Agency Business

Subsidiary

100.0

Japan

Gardia, Inc.

Credit guarantee for retail businesses and corporate credit guarantee business

Subsidiary

100.0

Japan

Gaitame.Com Co.,Ltd.

Forex business

Associate

40.2

Japan

HOKEN NO MADOGUCHI GROUP INC.

Retail insurance agency

Subsidiary

92.0

Japan

ITOCHU CABLE SYSTEMS CORP.

Integration and Sales of Broadband / Broadcasting related systems

Subsidiary

100.0

Japan

ITOCHU Fuji Partners, Inc.

Investing and financing, Management consulting

Subsidiary

63.0

Japan

ITOCHU INTERACTIVE CORP.

Full service interactive agency or digital marketing company, providing integrated digital marketing technologies and services including web site developments, online advertising, BPO services

Subsidiary

100.0

Japan

ITOCHU Orico Insurance Services Co.,Ltd.

Non-life insurance agency business, life insurance solicitation services

Subsidiary

65.0

Japan

ITOCHU TECHNOLOGY VENTURES, INC.

"Hands-on" venture capital business, providing sales and management support for venture companies in IT and high-tech industriess

Subsidiary

100.0

Japan

ITOCHU Techno-Solutions Corporation

Sales, maintenance and support of computers and network systems; commissioned software development; information processing services

Subsidiary

99.95

Japan

IW.DX Partners Inc.

Investing and financing, management consulting

Subsidiary

99.9

Japan

POCKET CARD CO.,LTD.

Credit card businesss

Subsidiary

80.0

Japan

TXP Medical Co. Ltd.

Digitalization of acute medical care, Development of medical data platform

Associate

(Not disclosed)

Japan

ACOM CONSUMER FINANCE CORPORATION (The Philippines)

Loan business for individuals

Associate

20.0

Republic of the Philippines

Advanced Media Technologies Inc

Distributor of cable TV products

Subsidiary

100.0

U.S.A.

Avidex Industries, LLC.

Sale, integration and maintenance of audio-visual systems

Subsidiary

100.0

Japan

COSMOS SERVICES CO., LTD. (Hong Kong S.A.R., China)

Consulting and broking of insurance and reinsurance

Subsidiary

100.0

Hong Kong

Siam Cosmos Services Co., Ltd.

Consulting and broking of insurance and reinsurance

Subsidiary

100.0

Thailand

DOCQUITY HOLDINGS PTE. LTD.

Managing Southeast Asia's Largest Platform for Healthcare Professionals

Associate

(Not disclosed)

Singapore

EASY BUY Public Company Limited (Thailand)

Consumer loan business in Thailand

Associate

25.0

Thailand

First Response Finance Ltd. (U.K.)

Car loans in the United Kingdom

Subsidiary

100.0

U.K.

GCT MANAGEMENT (THAILAND) LTD.

Investment in retail finance company and insurance broker company in Thailand

Subsidiary

100.0

Thailand

GR MANAGEMENT (THAILAND) LTD.

Investments in finance and insurance companies in Thailand

Subsidiary

100.0

Thailand

ITOCHU FINANCE (ASIA) LTD.

Financial investment and development of new financial business in China and Hong Kong

Subsidiary

100.0

Hong Kong

NEWGT Reinsurance Company Ltd.

Reinsurance company domiciled in Bermuda who mainly assumes Itochu Group related risks

Subsidiary

100.0

Bermuda

Rights & Brands Asia Ltd.

Licensing Business in Asia

Associate

38.5

Hong Kong

Thaivivat Insurance Public Co., Ltd

Non-life insurance businesses in Thailand and Laos

Associate

20.0

Overseas

United Asia Finance Limited

Consumer loan business

Associate

27.1

Hong Kong

The 8th Company

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
Data One Corp.

Digital advertising distribution business and advertising agency business utilizing data possessed retailers

Subsidiary

53.7

Japan

FamilyMart Co., Ltd.

Convenience store operations under franchise system

Subsidiary

94.7

Japan

Gate One Corp.

In-store media business with digital signages

Subsidiary

94.7

Japan

TAIWAN DISTRIBUTION CENTER CO., LTD.

Wholesale of foods and sundries

Associate

47.8

Taiwan

Headquarters

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
ITOCHU FINANCIAL MANAGEMENT INC.

Subsidiary

100.0

Japan

ITOCHU Human Resources & General Affairs Services Inc.

Subsidiary

100.0

Japan

ITOCHU TREASURY CENTRE ASIA PTE. LTD. (Singapore)

Financial services

Subsidiary

100.0

Overseas

ITOCHU Cyber & Intelligence Inc.

Cybersecurity services

Subsidiary

100.0

Japan

Orchid Alliance Holdings Limited

Investment and shareholder loan to a company investing in CITIC Limited

Subsidiary

100.0

Virgin Islands

Chia Tai Enterprises International Limited

Biochemical business, Industrial business in China

Associate

25.0

Bermuda

HKEx

Overseas Trading Subsidiaries and their Subsidiaries

Name Operations Subsidiary/
Associate
% of Voting Shares Japan/Overseas Stock Listing
ITOCHU International Inc.

Wholesale and investment

Subsidiary

100.0

U.S.A.

ITOCHU Europe PLC

Wholesale and investment

Subsidiary

100.0

U.K.

ITOCHU Singapore Pte Ltd

Wholesale and investment

Subsidiary

100.0

Singapore

ITOCHU KOREA LTD.

Wholesale and investment

Subsidiary

100.0

Korea

ITOCHU (Thailand) Ltd.

Wholesale and investment

Subsidiary

100.0

Thailand

ITOCHU Hong Kong Ltd.

Wholesale and investment

Subsidiary

100.0

Hong Kong

ITOCHU Latin America, S.A.

Wholesale and investment

Subsidiary

100.0

Panama

ITOCHU Brasil S.A.

Wholesale and investment

Subsidiary

100.0

Brazil

ITOCHU Middle East LLC

Wholesale and investment

Subsidiary

100.0

U.A.E.

ITOCHU Australia Ltd.

Wholesale and investment

Subsidiary

100.0

Australia

ITOCHU (CHINA) HOLDING CO., LTD.

Wholesale and investment

Subsidiary

100.0

China

ITOCHU TAIWAN CORPORATION

Wholesale and investment

Subsidiary

100.0

Taiwan