ITOCY
🇯🇵 Berkshire Hathaway has been increasing its investments in Japan.
🏢 Buffett began buying shares of five major Japanese companies in 2019: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo.
🤝 These companies operate with a business model similar to Berkshire Hathaway, with holdings in multiple industries.
📈 Buffett admires these companies for increasing dividends and repurchasing shares.
@adriarivero:
“Although Berkshire Hathaway has historically focused its investments in the United States, there is a notable exception: its growing interest in Japan. Almost six years ago, Buffett began buying shares of five of the largest Japanese companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. These companies operate with a business model similar to that of Bay, with holdings in multiple industries and sectors, from energy, manufacturing, technology, and financial services. Buffett says, ‘Berkshire made its first purchases involving the five in July 2019. We simply analyzed, we were surprised by their financial records and the low prices of their shares. As the years have passed, our admiration for these companies has grown constantly. Each of these five companies increases dividends, when appropriate, and repurchases its shares when it is sensible to do so, and its senior managers are not much less aggressive in their compensation programs than their American counterparts.'”
Watch the exact part of the video where Adrià Rivero talks about Buffett’s investments in Japanese companies here:
Watch the video on YouTube.
Read more articles featuring the most recent analysis of Itochu (ITOCY) at this link: ITOCY stock.
