2008 REPORTS > ITALY - July 7, 2008
ITALY
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ITOCHU Italiana catapulted to success  
Hiroshi Oka, president of ITOCHU Italiana and group director of ITOCHU Europe Textile Group
Since ITOCHU’s inception in 1858, this world-renowned trading company has grown to become one of the most successful sogo shoshas in Japan.

With a presence in 133 countries, ITOCHU has a firm commitment to its European markets, with Italy remaining at the forefront of importance for the textiles industry.

“The largest activities in Itochu Italiana lie within the textiles and fashion industries, followed by food and machinery,” says Hiroshi Oka, president of ITOCHU Italiana and group director of ITOCHU Europe Textile Group.

Due to the rapid growth and success in Italy, Oka recognizes the importance of maintaining and growing the company’s core business and top-notch image in the country.

“Thanks to our history and expertise, we have a strong reputation, which has helped us increase the number of business partners we’re working with annually,” he says.

Currently, the company works with over 100 prestigious fashion brands. Recently, it partnered with Paul Smith in the U.K.

“We are acquiring about 10 to 15 new brands per year, and we would like to see this number grow even higher over the next few years,” says Oka.

A branding expert, Oka works closely with fashion production sites, and oversees image development and export of ITOCHU’s brands internationally.

“We’re not only exporting these brands to Japan but across Asia, including China and Europe,” he says.

Adhering to the company’s philosophy of embracing customerfocused ideas to grow its business, Oka has implemented his strategies for increasing partnerships across Europe.

“We’ll continue to seek out and develop new business and investment opportunities primarily in the fashion and textiles industry, but also in machinery and food, our other business units that we’re trying to expand,” says Oka.

www.itochu.co.jp

 
 
Table of Contents
Italian economy goes high gear
The winning strategy of Toyota
The power of change
The Suzuki ‘way of life’ is huge success
Providing a clear track for the future
Land, sea, and air: NYK Logistics delivers
100% Italian, 100% natural
A master of the local market
Building success from the grass roots
Excellence through a sound game plan
Measuring success one satisfied customer at a time
ITOCHU Italiana catapulted to success
A firm commitment to the local community
Local partner to Japanese
Omron marks jubilee year through volunteer work and eco-initiatives
Excellence in science
Italian jewelry company grabs golden success in Japan
Supplying Italy with Japanese innovation
The intelligent way to comfort


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JETRO Italy, based in Milan, has played a prominent role in sustaining and strengthening bilateral trade and investment between Japan and Italy. JETRO offers its services and advice to all Japanese or Italian companies operating in Italy. www.jetro.go.jp/italy

Regione Lombardia aims to position the region as a highly attractive destination for foreign investment and as a regional platform from which to export its goods and services. Its Web site also contains a comprehensive guide to all investment-related inquiries. www.regione.lombardia.it

Solvay Solexis is a worldwide leader of innovative fluorinated products for specialty markets. With its company headquarters and manufacturing facility in Milan, and offices in over 10 countries around the world, Solvay Solexis is focused on customer-driven research and supports sound environmental practices. www.solvaysolexis.com