From Yahoo Finance: 2025-05-02 04:58:00

Japanese trading houses like Mitsubishi and Sumitomo Corp are promising healthy shareholder returns despite cautious profit forecasts. Warren Buffett’s Berkshire Hathaway is a large minority shareholder in these companies, recently increasing stakes. Mitsubishi plans to increase dividend by 10 yen to 110 yen per share and continue share repurchase program. Itochu targets record high net profit of 900 billion yen and plans 150 billion yen share buyback. Marubeni and Sumitomo set aside loss buffers for possible negative impact from U.S. tariffs. Marubeni plans shareholder distributions of 210 billion yen and Sumitomo plans to increase annual dividend to 140 yen. ($1 = 145.1800 yen)



Read more at Yahoo Finance: Japanese trading houses lure investors with healthy returns amid US tariff uncertainty