Japan’s Itochu to invest $9.5bn, eyes retaking trading house ‘triple crown’
Companies
General trader aims to regain top market cap over Mitsui, Mitsubishi
Itochu President Keita Ishii speaks with reporters on May 1. (Photo by Keiichi Furukawa)
KEIICHI FURUKAWA and YUI SATO
TOKYO — Japanese trading house Itochu plans to invest 1.5 trillion yen ($9.5 billion) toward raising its market capitalization and cementing its position at the top of the industry.
