| Description: | The history of ITOCHU Corporation (hereinafter "ITOCHU") dates back to 1858 when the Company's founder Chubei Itoh commenced linen trading operations. Since then, ITOCHU has evolved and grown over 150 years into a sogo shosha, engaging in domestic trading, import/export, and overseas trading of various products such as textiles, machinery, information and communications-related products, metals, products related to oil and other energy sources. ITOCHU Corporation produces crude oil in the Azerbaijan sector of the Caspian Sea at the Deep Water Gunashli complex, in the Azeri-Chirag-Gunashli (ACG) field being developed in part through the subsidiary, ITOCHU Oil Exploration (Azerbaijan) Inc. |
