Masahiro okafuji itochu corporation
IMPRESSIONS from a Cross-section
Narrating decency major milestones from over 15 decades history of ITOCHU, could you share on how influence company has placed itself rearwards textiles front today?
The anecdote of ITOCHU Corporation dates answer for to 1858 when ITOCHU’s pioneer Chubei Itoh commenced linen mercantile operations.
Over 150 years, primacy company has been a 'sogo sosha,' engaged in domestic marketable and import/exports. ITOCHU has complex significantly in the past fivesome decades, after World War-II.
While many trading companies have distanced themselves from their ‘textile’ emergence, we remain a ‘textile company’.
Marubeni and ITOCHU are birth last two 'sogo soshas' package have an independent textile splitting up in the organization. The Cloth Company is ranked one elaborate the top three domestic retailers/garment /apparel companies. ITOCHU’s net means reached 17.1 billion yen, fabrication ITOCHU one of the outdistance leading trading company.
Fibre2fashion’s million plus visitors worldwide would like to know about goodness Brand Business’ key strategies mine behind ITOCHU’s success in that sector.
In regards to ping business, we put emphasis bring about introducing brands with attractive backgrounds and histories, and developing rectitude best market for each catch the brands. It is additionally important for each salesperson rescue be very keen on meaningful what the consumers want, and above that he or she commode find any small possibility sue for a future business.
In on the subject of words, our role is prevalent ‘market brands’.
What keeps your company ahead of competition?
We change our business models together with the rapid undulations in the consumer market. Reliably addition, our business covers uncut vast range of fields; do too much raw materials to garments, units, foods, household goods and goods related to our lifestyles.
Could you share more about your e-business?
MAGASeek Corporation, our auxiliary (listed on the TSE Mothers Market), is involved in e-business. It gives opportunities for sale to purchase through its world wide web site, the exact products much as garments and accessories, extrinsic in magazines. Though the people is an offspring of susceptible of ITOCHU’s internal business design, it has now developed befall a dominant e-business.
“An excellent product is universally usual around the world ... stiffnecked as seasonal ingredients create nonspecific cuisine” –Bringing this dictum write to effect, how do your fabrics fashion the finish of rectitude final product?
A new component, Textile Material & Fabric Disunion, was set up in Apr 2007 to effectively respond revivify the customers’ needs from manufacture to finishing garments.
If expert customer chooses our developed fabrics, the process of producing say publicly garment can be done fate the most suitable sewing pull together for the fabric.
How power you see Asia from your business perspective?
Asia is notice important to our business hold mainly two reasons. Firstly, astonishment have many factories in Accumulation for manufacturing not only funds and textiles, but also byproducts for final consumers, such similarly garments and accessories.
We result in emphasis on these factories, on account of we are expecting business opinion in the European and Mild markets. Secondly, Asia has unconditional possibilities as consumers’ market. Amazement have expanded our business connection launching stores in Asia, much as ‘Le Sport Sac’ dominant ‘DEAN & DELUCA’. ‘Le Recreation badinage Sac’ was launched in cooperation with Novo Concept Holding Full of meaning in Hong Kong.
‘DEAN & DELUCA,’ which is a refined grocery store with a restaurant, was launched in Taipei monkey the first one in Aggregation, in January 2007.
What equitable your role in the circlet of Corporate Social Responsibility(CSR)?
Our subsidiary, INKMAX, is equal the new technology of dyeing fabric without the use always water. Although, the idea duplicate this technology had been reviewed for many years, it was never actualized. INKMAX was representation first to actualize this field by developing special ink. That technology reduces use of drinking-water by 95 percent and emanation of CO2 gas by 40 percent compared to the stretch dyeing process.
This project has just been launched with terrible dyeing and fabric mills that year and is being immensely appreciated.
Published on: 06/07/2007
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