Itochu Corporation Announces Management Changes, Effective April 1, 2017
February 23, 2017
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ITOCHU Corporation announced the appointment of Yukinori Furuno as General Manager, Apparel Department 2 from the current position of Deputy General Manager, Apparel Department 2; Managing Director, ITOCHU MODEPAL CO., LTD.; Hiroshi Morita as General Manager, Apparel Department 3 from the current position of Manager, Retail Clothing Section, Apparel Department 3; Takanobu Asanuma as General Manager, Brand Marketing Department 1 from the current position of Deputy General Manager, Brand Marketing Department 2; Manager, Brand Marketing Section 6, Brand Marketing Department 2; Toshiyuki Abe as Deputy Chief Operating Officer Plant Project, Marine & Aerospace Division from the current position of Senior Officer, Plant Project, Marine & Aerospace Division; General Manager, Nuclear Power Project Development Group Plant Project, Marine & Aerospace Division; Eiichiro Higashiyama as General Manager, Plant Project Department from the current position of Managing Director, I-ENVIRONMENT INVESTMENTS LIMITED; Takanori Morita as Deputy Chief Operating Officer, Automobile Division; General Manager, Isuzu Business Department No.1 from the current position of General Manager, Isuzu Business Department No.1; Oji Nakazawa as Senior Officer, Automobile Division from the current position of Group Chief Operating Officer, Machinery Group ASIA & Oceania Bloc ITOCHUEnterprise (Thailand) Ltd.; Tsunetama Mori as General Manager, Isuzu Business Department No.2 from the current position of Director, China Machinery Div., East Asia Bloc; ITOCHU China Holding Co. Ltd.; Daisuke Inoue as General Manager, Iron Ore & Steelmaking Resources Department from the current position of Deputy General Manager, Iron Ore & Steelmaking Resources Department; Osamu Tano as General Manager, Coal & Nuclear Fuel Department from the current position of General Manager, Brisbane Office ITOCHU Australia Ltd; Director, ITOCHU Minerals & Energy of Australia Pty Ltd.; Yasuhiro Abe as Senior Officer, Chemicals Division; Manager, Medical Business Team from the current position of Deputy General Manager, Basic Chemicals Department; Manager Medical Business Team; Kouji Hasegawa as General Manager, Industrial Chemicals Department from the current position of Deputy General Manager, Industrial Chemicals Department Manager, Organic Chemicals Section; Yutaka Yamamura as Vice President, Food Company Chief Operating Officer, Fresh Food Division from the current position of Chief Operating Officer, Fresh Food Division; Shuji Oe as Deputy Chief Operating Officer, Provisions Division; General Manager, Oil, Fats & Grain Products Department from the current position of General Manager, Oil, Fats & Grain Products Department. These changes are effective on April 1, 2017.
Itochu Corporation is a diversified group organized around 8 areas of activity:
- distribution of food products (34.9% of net sales): frozen food, vegetable oil, sweeteners, sugars, etc.;
- distribution of hydrocarbons (23.3%): hydrocarbons (natural gas, oil products, bioethanol, etc.). The group also develops manufacturing of chemical products activity;
- manufacturing and sale of industrial and construction machines, vehicles and ships (9.7%);
- production of metals and coal (8.5%);
- sale of consumer products (8.4%). The group also develops forest products sale and real estate development activities;
- distribution of computing and telecommunication equipments (7%): data transmission, Internet access, media content broadcasting and mobile telephony equipments. The group also offers financial services;
- sale of textile products (3.6%);
- other (4.6%).
Net sales are distributed geographically as follows: Japan (79.5%), Singapore (5.4%), the United States (4.5%), Australia (3.1%), China (2.8%) and other (4.7%).