ITOCHU : Announces Provision of Aid to Victims of Earthquake in the Kingdom of Morocco
September 15, 2023 at 09:19 am IST
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We express our heartfelt condolences to the families, friends and loved ones of all of the people who lost their lives in the earthquake that struck the Kingdom of Morocco and we would also like to express our deepest sympathies to everyone who has been affected by this disaster.
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Keita Ishii, President & COO) announced today that it has decided to donate 5 million yen to the Japanese Red Cross Society to provide aid to the victims of the earthquake that struck the Kingdom of Morocco on September 8 this year.
We convey our sincerest wishes to the affected areas for a speedy recovery.
Itochu Corporation published this content on 15 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2023 03:48:03 UTC.
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%).