ITOCHU Corporation (Public, TYO:8001) is a Japanese general trading concern based in Chuo-ku, Osaka and Minato, Tokyo. It has a common origin with Marubeni Corporation.
After various mergers and acquisitions, it was incorporated in 1918 and again in 1949. It now ranks as one of the largest sogo shosha companies in Japan and among the world's largest companies; it has 1,027 subsidiaries and associated companies operating in over 80 countries.
ITOCHU Corporation is a Japan-based trading company engaged in seven business segments: Textile; Machinery; The Aerospace, Electronics & Multimedia; The Energy, Metals & Minerals; The Lifestyle & Chemical; The Food; The Financial, Real Estate, Insurance and Logistics.
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Britain's biggest supermarket chain Tesco reported a fall in sales amounting to 1.3 per cent in its first quarter, lower than expected, whereas Morrisons, Aldi and Lidl achieved growth in their sales.