A subsidiary of Japanese trading house Itochu Corp. will take over SunMed Group Holdings’ Japan sales operations, as the US medical equipment maker struggles to remain profitable in the country due to the weak yen and inflationary pressure.
A subsidiary of Japanese trading house Itochu Corp. will take over SunMed Group Holdings’ Japan sales operations, as the US medical equipment maker struggles to remain profitable in the country due to the weak yen and inflationary pressure.
The Itochu Corp. logo is displayed atop the company's headquarters in Tokyo, Japan, on Tuesday, Sept. 18, 2012. Itochu Corp. agreed to pay $1.69 billion in cash for two units of Dole Food Co., the world's biggest supplier of fresh fruit and vegetables, in its biggest acquisition outside industrial commodities. Photographer: Kiyoshi Ota
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