ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Itochu to log record net profit on digital transformation demand

Japanese trading house expects 70% jump to $5.8bn for year ending March 2022

Japanese trading company Itochu expects a record $5.8 profit in the fiscal year ending next March, which would also be a record for a Japanese trading house.   © Reuters

TOKYO -- Itochu is likely to post a record net profit of more than 670 billion yen ($5.8 billion) this fiscal year through March 2022, up 70% from the previous year, Nikkei has learned, as the Japanese trading house caters to growing demand from clients seeking help with digital transformation.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more