https://www.scmp.com/rss/109216/feed Japan's Itochu Group, which includes the Itochu Corporation, is among the world’s biggest companies, with more than 700 subsidiaries. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Julian Ryall Julian Ryall Russia’s protest over a proposed investment by a Japanese company in a Ukrainian drone maker signals its concern that Tokyo may be supporting closer cooperation with Kyiv’s defence sector and planning to lift a long-standing ban on weapon exports, according to an international relations expert. On Wednesday, Russian Deputy Foreign Minister Andrey Rudenko registered Moscow’s protest in a meeting with Akira Muto, the Japanese ambassador to Russia. Muto “rebutted” the protest, according to a Jiji... https://www.scmp.com/week-asia/politics/article/3349578/why-japanese-firms-tie-ukrainian-drone-maker-sparks-concerns-russia?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/3349578/why-japanese-firms-tie-ukrainian-drone-maker-sparks-concerns-russia?utm_source=rss_feed Fri, 10 Apr 2026 03:00:08 +0000 Investment tycoon Warren Buffett on Saturday said he is more comfortable with Berkshire Hathaway Inc deploying capital in Japan than Taiwan, reflecting the growing tensions between the United States and mainland China. The billionaire investor contrasted Berkshire’s recently increased investments in five Japanese trading houses with its recent U-turn on a multibillion-dollar investment in Taiwan Semiconductor Manufacturing Co, or TSMC. “It’s a marvellous company,” Buffett said at Berkshire’s... https://www.scmp.com/news/asia/east-asia/article/3219664/warren-buffett-prefers-berkshire-hathaway-invest-japan-taiwan-due-us-china-rivalry-faults-us-bank?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3219664/warren-buffett-prefers-berkshire-hathaway-invest-japan-taiwan-due-us-china-rivalry-faults-us-bank?utm_source=rss_feed Sun, 07 May 2023 03:11:14 +0000 Japanese stakeholders in the Sakhalin 1 oil and gas project in eastern Russia will retain their stake in the undertaking by joining a new Russian operator recently established under a decree, the industry minister said on Friday, as the project remains a vital source of energy for resource-poor Japan. Japan’s government and companies, including major trading houses Itochu and Marubeni, have invested in the project through Tokyo-based Sakhalin Oil and Gas Development. If the Russian side approves... https://www.scmp.com/news/asia/east-asia/article/3198499/japan-retain-stake-russias-sakhalin-1-oil-project-despite-sanctions-over-invasion-ukraine?utm_source=rss_feed https://www.scmp.com/news/asia/east-asia/article/3198499/japan-retain-stake-russias-sakhalin-1-oil-project-despite-sanctions-over-invasion-ukraine?utm_source=rss_feed Fri, 04 Nov 2022 11:37:40 +0000 Japanese trading giant Itochu and Thailand's Charoen Pokphand Group (CP) are buying a 20 per cent stake in Citic, China's largest conglomerate, for HK$80.3 billion. The deal, signed yesterday, is an example of Beijing's efforts to reform state-owned enterprises by diversifying their base of shareholders to include more private and overseas investors. "Citic has strong government backing and access to funding, but lacked experience in overseas investment and was prone to paying too much for... https://www.scmp.com/business/companies/article/1682813/citic-limited-halts-trading-report-itochu-charoen-pokphand-said?utm_source=rss_feed https://www.scmp.com/business/companies/article/1682813/citic-limited-halts-trading-report-itochu-charoen-pokphand-said?utm_source=rss_feed Tue, 20 Jan 2015 04:30:15 +0000 Sinocan Holdings, which manufactures cans in the mainland, says executive chairman Wong Man-wing has sold up to 18 per cent of the company to Japan's Itochu Group for almost $185 million. Mr Wong sold 127.44 million, or 15 per cent, Sinocan shares at $1.45 a share. He also granted options to Itochu, allowing Itochu to convert into 25.48 million Sinocan shares, or 3 per cent of issued share capital. The sale price represented a 9 per cent discount to yesterday's close of $1.33. https://www.scmp.com/article/233646/sinocan-holdings-sells-18pc-itochu-group-185m?utm_source=rss_feed https://www.scmp.com/article/233646/sinocan-holdings-sells-18pc-itochu-group-185m?utm_source=rss_feed Tue, 17 Mar 1998 16:00:00 +0000 Sinocan Holdings has agreed to buy from Itochu Hong Kong a two-piece laminated steel can manufacturing line plus ancillary equipment and supporting facilities for US$25 million. The price will be inclusive of spare parts for one year, packing and freight from Itochu to the port of Shanghai, but exclusive of the transportation cost from the port to Sinocan's production plant in Shanghai. https://www.scmp.com/article/201669/sinocan-seals-us25m-deal?utm_source=rss_feed https://www.scmp.com/article/201669/sinocan-seals-us25m-deal?utm_source=rss_feed Thu, 26 Jun 1997 16:00:00 +0000 Asian direct investment firm Equinox says South Korea's Samsung Life Insurance has become one of its shareholders by taking a US$25 million equity stake. Other Equinox shareholders include Aboitiz Group of the Philippines, Asia Financial Group of Hong Kong, BHF-Bank of Germany, China Development Corp of Taiwan, Credit Commercial de France, Itochu Capital and Investment (Asia) of Japan and the PSP Group of Indonesia. https://www.scmp.com/article/191324/new-equinox-investor?utm_source=rss_feed https://www.scmp.com/article/191324/new-equinox-investor?utm_source=rss_feed Mon, 07 Apr 1997 16:00:00 +0000 Island Dyeing and Printing Co is facing a possible takeover from a third, independent party. The textiles company announced it had been informed by major shareholders Itochu Corp, Itochu Hong Kong and Daido-Maruta Finishing Co, which own 45 per cent of the company, they were in talks to sell their combined stake. Island Dyeing and Printing said no binding agreement had yet been reached. Itochu Corp holds 27.48 per cent, Itochu Hong Kong 11.78 per cent and Daido-Maruta 5.75 per cent. ... https://www.scmp.com/article/175047/textiles-takeover-bid?utm_source=rss_feed https://www.scmp.com/article/175047/textiles-takeover-bid?utm_source=rss_feed Sun, 22 Sep 1996 16:00:00 +0000 Japan trading powerhouse Marubeni Corp is unlikely to invest in the first phase development of the Guangzhou metro line, according to its deputy chief for China. Kenichi Nishida, also chairman and managing director of Marubeni Hong Kong, said the Guangzhou government tried to entice the group's investment in the project but the expected low return made it unattractive to foreign investors. The metro line investment would be huge but the tariff was strictly controlled by the Chinese government,... https://www.scmp.com/article/166250/marubeni-unlikely-invest-metro-line?utm_source=rss_feed https://www.scmp.com/article/166250/marubeni-unlikely-invest-metro-line?utm_source=rss_feed Mon, 08 Jul 1996 16:00:00 +0000 Japanese trading house Itochu Corp will produce paper bags in Shanghai in partnership with a company in the New Oji Paper Co group of Japan, the Nihon Keizai Shimbun says. A joint company to be set up by the two firms and a local concern would build a factory in the suburbs of Shanghai, the business daily said yesterday. From October, the factory would manufacture 50 million paper bags and three million carrier bags a year for supply to Japanese food makers and retail companies operating... https://www.scmp.com/article/155587/itochu-join-paper-venture?utm_source=rss_feed https://www.scmp.com/article/155587/itochu-join-paper-venture?utm_source=rss_feed Sun, 07 Apr 1996 16:00:00 +0000 AN agreement has been reached for a Sino-Japanese car interior products joint venture, expected to be set up in Changzhou, Jiangsu province. Changzhou-Kasai Kogyo Automotive Interior Decorative Co will have US$1.4 million capital, 45 per cent of which will be from Kasai Kogyo Co, 10 per cent from Itochu Co, 15 per cent from China Automotive International Corp and 30 per cent from Changzhou Plastics Weaving Factory. The Japanese will provide the general manager and most of the equipment. https://www.scmp.com/article/141855/car-products-venture?utm_source=rss_feed https://www.scmp.com/article/141855/car-products-venture?utm_source=rss_feed Wed, 06 Dec 1995 16:00:00 +0000 ISLAND Dyeing and Printing said yesterday losses increased to $24.4 million for the year ended March 31, 1994, from $19.6 million a year earlier. Turnover fell 11.7 per cent to $195.2 million from $221.1 million while the loss per share was 37 cents compared with 30 cents. Island Dyeing is controlled by Japan's Itochu Corp and Hong Kong's Nanyang Holdings. https://www.scmp.com/article/78149/island-dyeing-losses-mount?utm_source=rss_feed https://www.scmp.com/article/78149/island-dyeing-losses-mount?utm_source=rss_feed Fri, 17 Jun 1994 16:00:00 +0000 BUSINESSES based in China ranked among the most profitable and experienced the highest sales growth next to Japan in this year's Asiaweek list of the top 1,000 companies in the region. ''Much of the strong growth outside Japan is fuelled by mainland industrial companies. Of the 18 China-based companies in the Asiaweek 1,000, 12 are among the 100 firms with the largest revenue increases,'' said the business magazine's research team. ''Many of these firms appear on the list for the first... https://www.scmp.com/article/52393/mainland-firms-stars-regions-top-1000?utm_source=rss_feed https://www.scmp.com/article/52393/mainland-firms-stars-regions-top-1000?utm_source=rss_feed Fri, 19 Nov 1993 16:00:00 +0000 ITOCHU'S sale of its 30 per cent stake in the Dah Sing Financial Centre this week was a surprise. Just when everyone thought the office selling spree in Hongkong by Japanese companies was over, another deal was struck. Japanese firms staged a massive, reluctant withdrawal from Hongkong last year, selling more than $4 billion worth of office space. The volume of selling was so substantial that capital values would probably have suffered had the mainland Chinese not stepped in in a big... https://www.scmp.com/article/18203/office-sale-set-end-trend?utm_source=rss_feed https://www.scmp.com/article/18203/office-sale-set-end-trend?utm_source=rss_feed Thu, 11 Feb 1993 16:00:00 +0000