$ITOCF

Itochu and Tokyo Century plan to jointly acquire Aviation Capital Group. The deal involves purchasing shares, giving them joint control. Itochu is a diversified trading company with aircraft leasing operations.

ITOCHU Corp. (8001.T) acquired a 20% stake in private equity fund manager Aspirant Group Inc. The investment aims to combine Aspirant's expertise with ITOCHU's global network, supporting digital transformation. ITOCHU shares gained 0.77% to 2,155.00 JPY on the Tokyo stock exchange.

MOTER Technologies received additional investment from ITOCHU Corp. to advance its connected vehicle data platform. The funds will support tech development, market partnerships, and growth in automotive and insurance industries. Both companies plan to explore opportunities in IT, communications, and financial services.

MOTER Technologies, a subsidiary of Aioi Nissay Dowa Insurance, received additional investment from Itochu Corp. The funds will support expansion in U.S.-Asia mobility, focusing on electric vehicles and autonomous driving. MOTER develops insurance software for real-time risk assessment and premium calculation, with existing partnerships in the mobility insurance sector.

SAP SE (SAP) tested a live finance workflow with ITOCHU, using agents to automate document collection and suggestions, while retaining human oversight. The stock rose to $211.10. Separately, SAP India halted support for Nayara Energy due to new EU sanctions.

Aioi Nissay Dowa Insurance and Itochu will co-develop insurance for self-driving taxis, targeting U.S. operators. Sales may start by fiscal 2027, according to the companies.

Uzbekistan's Ministry of Mining and Geology met with Itochu Corporation to discuss expanding cooperation in geological exploration and mineral deposit development. They focused on aligning Uzbekistan's geological data with international standards to attract more international investment. Itochu, a major Japanese trading company, could play a significant role in these efforts.

ITOCHU Corporation is acquiring a 50% stake in TC Skyward Aviation U.S., which owns aircraft leasing firm Aviation Capital Group, for approximately US$1.946 billion. The deal includes a joint management structure with Tokyo Century Corporation. Clifford Chance is advising ITOCHU on the transaction.

Itochu has acquired full ownership of We Sell Cellular, a U.S. used smartphone distributor, to capitalize on demand for affordable devices amid rising prices. The Japanese trading company aims to expand in the U.S. market.

Sankyu Inc. and Itochu Corp. agreed to jointly acquire SWTS Asia, a Singapore-based plant maintenance firm, to strengthen its management and support growth in Southeast Asia. SWTS operates in five countries and offers maintenance for refineries, petrochemical plants, and data centers. Sankyu aims to combine its expertise with Itochu's network to enhance SWTS's competitiveness.