ITOCHU Reviews | Glassdoor

ITOCHU Reviews

Updated October 24, 2017
22 reviews

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3.1
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ITOCHU President Masahiro Okafuji
Masahiro Okafuji
10 Ratings

22 Employee Reviews

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  1. "Great place to work"

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

    Pros

    The company ethics and values makes it a great place to work. There's respect to employees in office environment. Fair compensation and benefits.

    Cons

    There are not a lot of opportunities to grow within the company. You can spend many years doing the same job.

    Advice to Management

    It would be great if there was a program to promote employees, and the over time was compensated as well.


  2. Helpful (2)

    "Historic Company with Outdated Practices"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at ITOCHU full-time

    Pros

    You will never be laid off for incompetence.

    Cons

    Lots of incompetent people.
    No understanding of American business culture. No effort to understand American business culture.
    No opportunities for advancement unless you are a Japanese national.
    Very limited advancement opportunities for women in the company.
    Not customer focused. Too much focus on outdated business practices.
    Very poor adoption of new technology. Strong opposition to any changes.
    Many layers of middle level management who do not think and do not add any value at all. There are clear and very apparent discriminatory practices against women and against non-Japanese staff.

    Advice to Management

    A compete overhaul is needed. Implement intensive training for all management staff to end sexual harassment, end discriminatory practices, improve HR operations, increase employee education, follow industry best practices to better utilize efficiency software solutions, provide basic business training for upper level management.

  3. "Import"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    I am no longer working there

    Cons

    Company cut everyone's salaries :(


  4. "Production Coordinator"

    StarStarStarStarStar
    Former Employee - New York
    Former Employee - New York

    Pros

    easy working environment, coworkers are nice.

    Cons

    limited learning opportunities and career development.


  5. "Excellent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

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


  6. "Worst work Culture totally Indian company...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New Delhi (India)
    Former Employee - Anonymous Employee in New Delhi (India)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at ITOCHU full-time (More than 3 years)

    Pros

    1. only brand name in japan

    Cons

    1. No good business in india only running through Japan very small company.
    2. No Carrier growth.
    3. Work culture is very bad specially in Gurgaon office, like torture
    4. Full hold by old staff who worked more than 10 years specially in Finance & Admin department, worst to work in F&A.
    5. Policies and procedures are very bad not for employee favour.
    6. No Management control over the company policy
    7. All employees are not happy with the company policies and culture dominating culture
    8. You can be sacked any time for silly mistakes or discussion.

    Advice to Management

    take control over the old staff, try to judge the situation by your self.


  7. "No Growth... No Learning"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at ITOCHU full-time

    Pros

    1. Brand Name is good
    2. work pressure is ok

    Cons

    1. No Growth no Increments as per the market standard.
    2. sometime work pressure without logical reasons, due to old practices.
    3. Career path is unclear, if you are not concerned so much about career then its ok.
    4. Very hostile working environment. Plenty of sharks swimming in the company, specially in india.
    5. if you are giving any opinion, your senior will take the credit which will not impact your increment and promotion.
    6. Lots of retrenchment even for very small things. specially in Delhi Office. some sharks are sitting in the office and misguiding Japanese people against Indian staff.
    Overall not a good company to work because its a trading company and margins are very low.

    Advice to Management

    Crawl down from your pedestal and see what is actually happening in the company. Things arent as rosy as it seems. Look at the big picture - Focus on the important things more.

  8. "Junior sales manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Junior Sales Manager in Taipei (Taiwan)
    Former Employee - Junior Sales Manager in Taipei (Taiwan)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at ITOCHU full-time (More than 3 years)

    Pros

    Very well structured compensation packages. Bonus won't be impacted a lot even though company sales conditions are not good. There are some good training for employees too.

    Cons

    Japanese is dominant and it's not easy for international staff to rotate or be promoted to a higher managerial position

    Advice to Management

    Should consider more managerial roles for international staff


  9. "No Job Security & Dominating by old Employees ..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at ITOCHU full-time (More than a year)

    Pros

    1. Only Brand Name is Good

    Cons

    1. No Job Security in this company Specially in Finance & Administration India Division
    2. New Staff Dominated by Old Staff.
    3. No Freedom of Speech, No Interaction with Management
    4. Employees Sacked for Small small reasons.
    5. Lots of Politics by old employees, its not easy for new employees to Grow up
    6. Its trading company not having good business, no learning, only formalities
    7. Compensation is also not good, variable portion is almost 20% which is very difficult to get.

    Advice to Management

    Management should directly interact with the employees before taking any decisions. only two or three persons are whole sole decision makers in India division


  10. "Good colleagues, Management needs to improve"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Operation Executive in Singapore (Singapore)
    Former Employee - Operation Executive in Singapore (Singapore)
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at ITOCHU full-time (Less than a year)

    Pros

    1. Welfare and remuneration is good
    2. Plenty of learning opportunities
    3. Cozy environment

    Cons

    1. Micro-management
    2. Japanese culture
    3. Strict audit regulations
    4. Inflexibility
    5. Long working hours

    Advice to Management

    Look at the big picture - Focus on the important things more.


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