Japan’s Itochu Corp is to buy a 20% stake in the Japanese division of UK foodservice firm Compass.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Itochu is reported by the Nihon Keizai Shimbun to be paying ¥2.5bn (US$20.8m) for the stake in Compass’s Japanese subsidiary, Compass Group Holding Japan. The fastfood and foodservice markets are growing rapidly in Japan, where Compass set up shop last year in a joint venture with Itochu and Fuji Oil, a manufacturer of edible oils.


Compass has also decided to absorb its Japanese unit and restaurant operator Seiyo Food Systems, to regain a tight grip on management activities.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now