BAKU, Azerbaijan, April 8. ITOCHU Corporation
has announced its decision to acquire additional shares in AICHI
CORPORATION, an equity-method affiliate, in a move aimed at
strengthening collaboration and accelerating growth, Trend reports via the
company.
AICHI CORPORATION commands roughly 70 percent of Japan’s
truck-mounted aerial work platform market and is widely regarded as
a key industry player supporting the development of social
infrastructure through its products and services.
Since forming a capital alliance in May 2025, ITOCHU and AICHI
have built a strong partnership, advancing joint initiatives to
drive sustainable growth. These include enhancing domestic value
chains across finance, after-sales services, and used vehicle
sales, alongside expanding into overseas markets. The companies
report that synergies from these efforts have already begun to
materialize.
Through the latest share acquisition, ITOCHU aims to deepen its
cooperation with AICHI, further unlocking synergies within the
group and supporting the company’s long-term growth trajectory.
The move aligns with ITOCHU’s management policy, “The Brand-new
Deal: Profit opportunities are shifting downstream,” which focuses
on building a more market-oriented business model and capturing
value across extended segments of the supply chain.
