CompaniesBuffett-backed Japan trading houses stick to annual forecasts
But conglomerates stay alert over uncertainties such as strengthening yen
Japan's top five trading houses -- Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp. and Marubeni -- have drawn investment from Warren Buffett. (Source photos by Nikkei)
AKANE OKUTSU, Nikkei staff writer
August 6, 2024 10:55 JST
Updated on August 6, 2024 17:21 JST
TOKYO -- Japanese trading houses invested in by Warren Buffett-led Berkshire Hathaway posted mixed results for the April-June quarter, mostly beating market expectations while maintaining annual earnings estimates even as political and economic uncertainty grows around the world.