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Marubeni America Corporation company history timeline

1872

In 1872 a young merchant named Chubei Itoh established a small store in Osaka to serve as an outlet for his commercial trading business.

1941

In 1941, as part of an effort to increase the scale and raise the efficiency of Japanese industries, Marubeni was merged with C. Itoh Trading and Kishimoto & Company to form a larger firm called Sanko Kabushiki Kaisha.

1949

In 1949 Daiken, which was not a zaibatsu, was redivided into Kureha Spinning, C. Itoh & Company, Marubeni, and a small manufacturer of nails called the Amagasaki Company.

1953

The Korean War ended in 1953, and many U.N. supply contracts with Japanese companies were terminated.

1956

Marubeni-Iida entered the petrochemical industry in 1956 when it helped a leading chemical fertilizer and aluminum company called Showa Denko secure chemical production licenses from American companies.

1968

When the reorganization was executed in 1968, the company made greater efforts to develop raw material sources overseas, including petroleum products, coal, metal ores, industrial salt, foodstuffs, and lumber.

1976

In February 1976 it was reported that Marubeni illegally diverted commissions from the sale of Lockheed aircraft to officials of the Japanese government.

1997

The consortium's first release was The Relic, which opened in the United States in January 1997.

In late 1997 Marubeni wrote off an additional ¥17.5 billion (US $143.8 million) in portfolio losses.

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Marubeni America Corporation competitors

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Koch Industries1940$115.0B100,00073
Moody International Group1911$4.2B12,000-
Dell1984$95.6B165,000171
Siemens1847$66.7B303,0001,441
General Electric1892$68.0B305,0003,641
Whirlpool1911$16.6B78,000205
MSCI1998$2.9B4,00069
The Dow Chemical Company1897$43.0B54,000216
Lam Research1980$14.9B14,100141
Celanese1918$10.3B7,71469

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