Message from the CEO

Itochu Corporation is one of the largest “Sogo-Shosha” (Japanese general trading house), which has 100 offices in 62 countries and more than 300 affiliated companies. It has a history of transformation for as long as 160 years. Itochu’s business field ranges very widely, such as textile, machinery, metals, energy, chemicals, food, general products & realty, ICT and finance. It has been engaged in domestic/import/export/third-country trading of goods as well as local and global investments with more than 100,000 consolidated employees around the world. In fiscal 2021 (year ended March 31, 2021), Itochu Corporation achieved the No. 1 ranking among general trading companies in market capitalization and share price for the first time ever and secured the No. 1 position in consolidated net profit as a general trading company for the first time. Itochu has outlined the two qualitative growth strategies of our basic policy, which are realizing business transformation by shifting to a market-oriented perspective and enhancing our contribution to and engagement with the SDGs through business activities.
 
Itochu Taiwan Corporation is one of the 100% subsidiary companies of Itochu Corporation, established in Taiwan in 1958. Itochu Taiwan has long been developing trading business as well as investment in collaboration with advanced companies in Taiwan, exploiting its advantage, a global business network of Itochu group.  Its business field ranges almost as wide as that of its parent company.

In year 2018, Itochu Corporation completed the acquisition of the shares by 37.2% of Taipei 101 (Taipei Financial Center Corp.), which is regarded as the landmark tower of Taipei. We are also determined at Taiwan Itochu to make utmost support to increase the value of this irreplaceable treasure of Taiwan. In year 2021, Itochu Corporation has also made a strategic investment in the major Taiwanese courier business operator Taiwan Pelican Express Co., LTD., thereby acquiring a 19% share in the company.

The base of Itochu Corporation’s founder (Chubei Itoh I) was the spirit of Sampo-yoshi (good for the seller, good for the buyer, and good for society), which I believe is still good even today, when “ESG management” is strongly required from the market. I always try to keep this spirit in my mind when running this company.  Itochu Taiwan is also pursuing development of business models of “next generation” or introduction of new technologies in various fields here in Taiwan market, where there are many opportunities as many companies are heading for such a direction.

I’m sincerely hoping to contribute to development of Taiwan economy, by creating new values in collaboration with Taiwan companies.

Manabu　Matsui
Chairman & President
Itochu Taiwan Corporation