ITOCHU

www.itochu.co.jp

ITOCHU Reviews

Updated October 9, 2014
Updated October 9, 2014
7 Reviews
4.3
7 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
ITOCHU President Masahiro Okafuji
Masahiro Okafuji
4 Ratings

Employee Reviews

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  1.  

    Excellent

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at ITOCHU

    Pros

    I was able to be engaged in various types of challenging project.
    And salary is very competitive and people are nice.

    Cons

    Frequent job rotation often foreces you to work on something you do not fit. Each employer is required to be transferred to new position every three year in general.

    Advice to ManagementAdvice

    Though it operates business in roughly 100 countries, corporate culture is very Japanese. Strong seniority system and lifetime employment system sometime demotivated me.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company, but not for everybody

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Leader, Sales and Marketing in Tokyo (Japan)
    Former Employee - Leader, Sales and Marketing in Tokyo (Japan)

    I worked at ITOCHU full-time (more than 5 years)

    Pros

    * Great pay and benefits.
    * Lots of exposure to different work.
    * Lots of responsibility.
    * Great training.
    * Great company cafeteria.
    * Fun people to party with

    Cons

    * Stodgy management
    * Way too much internal minutiae (meetings, memos, emails, forms)
    * Too risk averse.

    Advice to ManagementAdvice

    * Hire some foreign corporate officers.
    * Hire a consultancy to reduce internal minutiae and streamline communications.
    * Stop developing IT systems internally: Use SAP or something.

    Recommends
    Neutral Outlook
    Disapproves of CEO
  3.  

    Lifelong emplyment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Development Manager in Karāchi (Pakistan)
    Former Employee - Business Development Manager in Karāchi (Pakistan)

    I worked at ITOCHU full-time (more than 10 years)

    Pros

    Excellent company to work for if you are starting out after you finish your education as the training imparted to the new comers is second to none.

    Cons

    Slow progress for advancement if you are in a small office

    Recommends
    No opinion of CEO
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  5.  

    Rich Experience, Below Average Compensation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Manager
    Current Employee - Assistant Manager

    I have been working at ITOCHU full-time (more than 3 years)

    Pros

    Beautiful organized working environment with endless opportunities to learn & develop oneself, and to contribute to one's department and organization.

    Cons

    Slow progress through grades/levels of the organization with below average compensation along the way in comparison to similar positions in similar sized corporations.

    Advice to ManagementAdvice

    Please understand that employees not only like to feel appreciated for their hard work, but equally rewarded for their efforts and contributions.

    Also, the compensation difference between rotational staff and national staff in liaison and/or branch offices abroad of Japan create an unhealthy vibe in the working environment if stopped at for too long.

    We are all humans who need to live in the same lifestyle and level in order to contribute equally, continuously, increasingly!

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Awesome opportunities firm wide

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Principal in Tokyo (Japan)
    Current Employee - Principal in Tokyo (Japan)

    I have been working at ITOCHU full-time (more than 10 years)

    Pros

    ITOCHU covers a wide range of businesses within each industry vertical be it manufacturing to retail. Investment, Business development, Marketing you name it.

    Cons

    If you lack a clear vision of what you want to accomplish you will be swamped with opportunities and you might end up being a very generic business person. It is very important to have a clear career plan.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 2 people found this helpful  

    Great place to start. Bad place to finish.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at ITOCHU full-time (more than 5 years)

    Pros

    Lots of variety and exposure to many types of projects. Solid pay and benefits. High level of professionalism and expectations. Demands both broad and deep understanding of your particular market or product. Despite some structural and cultural challenges, there are a lot of great people working here. Company has a unique, "different than the rest" culture.

    Cons

    Typical, long salary-man hours. Monoculture: recruits too many sports-types from major Japanese universities. Complete lack of vision in upper management. Company values self-sacrifice (self-destruction?) and group-loyalty over individual performance. No job description, so main working-level people have to do EVERYTHING. Company suffocates itself with lots of unnecessary admin and internal reporting. You will only advance in this company if you are Japanese AND male.

    Advice to ManagementAdvice

    Hire, and empower, a woman and/or foreigner into the upper levels of management.
    Empower national staff with more authority. Quit placing linguistically-and-culturally challenged middle-aged Japanese cookie-cutter salary-men into leadership positions overseas.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8.  

    Working with Itochu

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Service Engineer
    Current Employee - Service Engineer

    I have been working at ITOCHU

    Pros

    Good work ethics and good working environment

    Cons

    Not permanent as I am working as contractual

    Advice to ManagementAdvice

    No comment

    Recommends
    No opinion of CEO

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