Itochu: Buffett’s Bold Bet on Japanese Trading Giant
🇯🇵 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.
Buffett’s Bet on Japan: Investing in Five Major Japanese Companies
🇯🇵 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.
