ITOCY
🇯🇵 Berkshire Hathaway began buying shares of Itochu, one of Japan’s largest companies, almost six years ago, attracted by its diversified business model similar to Berkshire’s.
📊 Itochu operates across multiple industries, including energy, manufacturing, technology, and financial services, providing a broad and stable investment base.
🧐 Buffett was surprised by Itochu’s financial records and low stock prices, leading to increased admiration and investment over the years.
@adriarivero:
“Berkshire made its first purchases involving the five [Japanese companies] 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 steadily. Each of these five companies increases dividends when appropriate and repurchases its shares when it is sensible to do so, and their senior executives 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 Itochu here:
View the video on YouTube.
Read more articles featuring the most recent analysis of Itochu (ITOCY) at this link: ITOCY stock.
