Business trendsBuffett-backed trading houses target double-digit ROEs, above Japan's average
Conglomerates announce dividend rises and share buybacks at earning conferences
Japan's major trading houses are aiming to maintain high returns despite weaker commodity prices.
AKANE OKUTSU, Nikkei staff writer
TOKYO -- Japan's major trading houses are aiming for double-digit returns on equity (ROE) by revising their portfolios to raise profitability and distributing cash to shareholders, putting their targets for capital efficiency above the national average of 9.7%.