With approximately 130 bases in 65 countries, ITOCHU, one of the leading sogo shosha
, is engaging in domestic trading, import/export, and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, information and communications technology, realty, general products, insurance, logistics services, construction, and finance, as well as business investment in Japan and overseas.
a company engaged in the development and commercialization of products focused on the treatment of pain, today announced that ITOCHU CHEMICAL FRONTIER Corporation (ICF, Tokyo Japan), a member of ITOCHU Corporation (Tokyo: 8001; OTC-PINK: ITOCY), one of the three leading sogo shosha
(general trading companies) in Japan, has made a strategic investment in SCILEX.
ITOCHU Corporation announced today that it will accelerate its logistics facilities development business that utilizes a customer network uniquely available to sogo shosha
(general trade company) and aim to contribute to the development of the commercial distribution and logistics business that responds to changes in the supply chain in Japan by building a new business model and increasing asset value.
New Strategic Direction seeks to recognize our value and upside potential as a sogo shosha
capable of "providing stable earnings throughout business cycles by managing a portfolio diversified by business model, industry, market and geography".
In order to enter this highly restricted market and be able to support the sales and service of quality conscience Japanese customers, CleanCut decided to form a trading-partner relationship with Ogawa, one of the major Sogo Shosha
(vertically integrated trading companies).
Both large and keiretsu JMNEs preferred to form joint ventures not only with local firms but also with sogo shosha
(general trading companies) and with other Japanese firms including the keiretsu members.
JIC: Let's say I've got a 50-year-old manager from a famous Japanese sogo shosha
Conglomerates, or sogo shosha
, are trying to restructure an inefficient 50-year-old system based on lifelong employment and work rewards based on age rather than talent.
Each horizontal group is tied up with a trading company or sogo shosha
The information gathered by JETRO is heavily supplemented by the intelligence efforts of the nine major trading companies, or Sogo Shosha
, including Mitsubishi and Sumitomo.
Japan's largest sogo shosha
, or worldwide trading company.
Another relevant peculiarity of Japan is the proportion of trade that is handled by the so-called sogo shosha
, or trading companies.