19 December 2018 - 11 Tevet 5779 - י"א טבת ה' אלפים תשע"ט
Marubeni Corporation looking for expansion E-mail

As reported by Japan Times in January, Japanese trading house Marubeni Corporation is planning to establish an office in Israel, where cutting-edge technologies and information technology companies have gathered, according to Fumiya Kokubu, the company’s president.

Through the move, Marubeni aims to respond to the rapid advances of digital technologies, such as artificial intelligence, big data and “the internet of things”.

“We would like to establish a base from the perspective of new technology and new business models,” said Kokubu in a recent interview with Japan Times. The trading house has yet to decide on details, including when to open the office.

Also in Silicon Valley and China, the company will consider strengthening the functions of its existing offices and taking other measures to cope with changes in the business environment. In the spring of 2017, the company set up a cross-section strategy department on internet-of-things technology and big data.

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