Itochu Corporation · TSE:8001
Itochu — Merger or Acquisition (January 2015)
8 slides from Itochu's merger presentation, Jan 20, 2015
Slide 1: Notice of Strategic Cooperation Agreement and Capital Participation
> Notice of Strategic Cooperation Agreement and Capital Participation China’s Largest Conglomerate : CITIC Limited One of Asia’s Leading Conglomerates : Charoen Pokphand Group Company Limited Jan 20, 2015 ITOCHU Corporation Brand-new Deal 2014 1
Slide 2: Announcement
> Announcement CITIC Limited (“CITIC”) –China’s largest conglomerate, Charoen Pokphand Group Company Limited (“CPG”) – one of Asia’s leading conglomerates, and ITOCHU Corporation (“ITOCHU”) signed a Strategic Cooperation Agreement and agreed on a capital participation structure for future business
Slide 3: Overview of CITIC Limited
> Overview of CITIC Limited China’s largest conglomerate established in Shareholder Structure 1979 under direction of the State Council of Ministry Of Finance China. Of China 100% Has many industrial sectors of business, many of which are leading companies in the industry. CITIC Group Public Agg
Slide 4: Purpose of the Strategic Cooperation
> Purpose of the Strategic Cooperation This strategic cooperation with CITIC - the largest conglomerate in China, and CPG - one of Asia’s leading conglomerates, will significantly strengthen ITOCHU’s growth strategy to “develop its non-resource business sector primarily in China and Asia”. CITIC
Slide 5: Combined Strengths
> Combined Strengths The combination of strengths of the three leading conglomerates each holding strong business foundations in Japan, Asia, and China, will maximize inherent synergies and facilitate growth in the ever expanding China and Asian markets through utilization of existing business inf
Slide 6: Potential Areas of Future Synergetic Benefits
> Potential Areas of Future Synergetic Benefits Seek synergetic benefits in the below areas with the optimum combination of CITIC, having a strong financial service sector with an aim to diversify and strengthen its portfolio, and CPG and ITOCHU, who possess strength in non-resource business espec
Slide 7: Outline of the Capital Participation Scheme
> Outline of the Capital Participation Scheme In consideration of the public float requirements of the Hong Kong Stock Exchange (“HKSE”), a two step method will be implemented: • First-Stage （Target Completion- April 2015*） CTB** will acquire from CITIC Polaris Limited, a wholly-owned subsidiary o
Slide 8: Forward-Looking Statements
> Forward-Looking Statements: This material contains forward-looking statements regarding ITOCHU Corporation’s corporate plans, strategies, forecasts, and other statements that are not historical facts. They are based on current expectations, estimates, forecasts and projections about the industries