If you're a quant investor who loves to go through a business line by line, trading companies like
Itochu (OTC:
ITOCY)
will either be a dream come true or a living nightmare. Like most
trading companies, Itochu operates over 130 branches in over 60
countries, with about 700 subsidiaries and affiliates ... and it's not
even the largest of the Japanese trading companies (trailing the likes
of
Mitsui (OTC:
MITSY) and
Sumitomo (OTC:
SSUMY)).
While
these large, far-flung enterprises are generally derided as hulking
behemoths (and there's an element of truth to that), I wouldn't sleep on
Itochu. The company has not only made a concerted effort to trim away
underperforming assets, the company has also devoted increasing efforts
and assets to building up its non-resource businesses, particularly
those aimed at the Chinese consumer.
Please click below for more:
http://www.investopedia.com/stock-analysis/2013/Itochu---Its-Not-Easy-But-It-Might-Be-A-Good-Value-ITOCY-BHP-EWJ-DOLE0103.aspx
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