Company Directory - Itochu Corporation
Company Details - Itochu Corporation
Itochu Corporation
WebsiteTokyo, Japan
Itochu Corporation is one of Japan's leading trading companies, involved in a diverse array of businesses, including textiles, machinery, energy, chemicals, food, and electronics. With a global presence, Itochu plays a vital role in international trade and investment.
CCI Score
CCI Score: Itochu Corporation
51.55
-0.04%
Latest Event
Itochu Ends Strategic Arms Cooperation Amid ICJ Ruling
Itochu Corporation announced that its aviation unit will end its strategic cooperation with Israeli defense company Elbit Systems Ltd by the end of February 2025. The decision follows an International Court of Justice ruling that urged Israel to prevent genocidal acts amidst the Gaza war. While the original MoU was established in March 2023 at the request of Japan's defense ministry for importing defense equipment for the Self-Defense Forces, the company has now suspended new activities under the agreement in response to international legal and human rights pressures.
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LEADER
Itochu Corporation is currently rated as a Leader.
Latest Events
- FEB282025
Itochu Corporation announced that its aviation unit will end its strategic cooperation with Israeli defense company Elbit Systems Ltd by the end of February 2025. The decision follows an International Court of Justice ruling that urged Israel to prevent genocidal acts amidst the Gaza war. While the original MoU was established in March 2023 at the request of Japan's defense ministry for importing defense equipment for the Self-Defense Forces, the company has now suspended new activities under the agreement in response to international legal and human rights pressures.
+30
Public and Political Behavior
April 2
The decision reflects adherence to international legal norms and a distancing from partnerships that might facilitate state-repressive actions. By aligning its practices with the ICJ ruling and resisting involvement in ethically ambiguous arms deals, Itochu demonstrates a commitment to responsible public and political behavior.
+50
Business Practices and Ethical Responsibility
April 2
By suspending and ending its MoU with a company involved in weapons manufacturing, Itochu prioritizes ethical business practices. This move helps to reduce its potential involvement in arms supplies that could be used in oppressive regimes or escalate humanitarian crises, aligning the firm with progressive and anti-authoritarian standards.
- FEB062024
Itochu Corporation announced that its aviation unit will end its cooperation with Israeli defense firm Elbit Systems by the end of February, following a ruling by the International Court of Justice and guidance from Japan’s Foreign Ministry. The decision comes amid protests and calls for boycotts over the firm's link to repressive defense technology used in the Gaza conflict.
+70
Public and Political Behavior
April 2
By heeding international legal guidance and governmental directives, Itochu demonstrates a proactive political stance that aligns with human rights and anti-authoritarian principles. The decision to sever ties with a controversial defense contractor reflects positive public and political behavior in a politically charged environment.
Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
+60
Business Practices and Ethical Responsibility
April 2
The move to dissolve a business relationship with Elbit Systems marks a commendable alignment of business practices with ethical responsibility, distancing itself from technologies linked to repressive military actions. This decision supports a corporate model that prioritizes human rights and ethical trade.
Japanese trading giant Itochu to cut ties with Israeli defense firm over Gaza war
- FEB052024
On February 5, 2024, Itochu Corporation announced it was terminating its agreement with Israeli defense contractor Elbit Systems, citing the International Court of Justice ruling suggesting possible genocide in Gaza and a directive from the Japanese government to implement the decision in good faith. The move signals a commitment to human rights due diligence and sends a strong political message that contrasts with many Western companies' continued support of controversial defense dealings.
+70
Public and Political Behavior
April 2
Itochu's decision to cancel its contract with Elbit Systems sends a clear political message, standing in support of international human rights norms and the ICJ ruling. This move distances the company from complicity in actions that could be seen as supporting state-led human rights abuses, especially in contrast to many Western counterparts who have maintained problematic defense relationships.
Corporate Japan deals an unwitting blow to US East Asia policy
+60
Business Practices and Ethical Responsibility
April 2
Terminating the deal with a controversial defense contractor demonstrates a shift towards more ethical business practices. By aligning its operations with international human rights standards and distancing itself from potential complicity in abuses, Itochu reinforces the importance of human rights due diligence in corporate decision-making.
Corporate Japan deals an unwitting blow to US East Asia policy
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Corporate Financials
- Revenue
- 2025
- $104.30B
- Total Assets
- 2025
- $77.40B
- Operating Income
- 2025
- $4.50B
- Total Equity
- 2025
- $19.40B
Industries
- 423450
- Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
- 423990
- Other Miscellaneous Durable Goods Merchant Wholesalers
- 424460
- Fish and Seafood Merchant Wholesalers
- 541614
- Process, Physical Distribution, and Logistics Consulting Services