Itochu Denies Report on Aviation Capital Group Investment

TOKYO, Aug 03 (Pulse News Wire) – ITOCHU Corporation (8001.T) denied reports in the Nikkei newspaper suggesting the company was considering investing in Aviation Capital Group, a subsidiary of Tokyo-based East West Holdings. The report stated that while discussions are ongoing, no decision has been made yet.

Any decisions reached during today’s board meeting will be promptly disclosed. ITOCHU Corporation, represented by CEO COO Ishii Keita, operates on the Tokyo Stock Exchange Prime Market.