SSUMF News and Press, Sumitomo Corp. From 02/04/21

Sumitomo Corporation (SSUMF): 9M GAAP EPS of -¥90.95.Revenue of ¥3.29T (-16.3% Y/Y)Press Release For further details see: Sumitomo Corporation reports 9M results

Sumitomo has the lowest exposure to resources in the Japanese trading company sector and arguably the most economically-sensitive with its auto business. Despite offering a prospective 4.8% dividend yield, this is relatively in line with higher quality peers. We prefer other compa...

Berkshire Hathaway's ([[BRK.B]] -0.8%) ([[BRK.A]] -0.5%) investments in five Japanese conglomerates are being pressured by holdings in fossil fuel companies and by investors' perceptions that the firms' business depend heavily upon such unglamorous industries as energy, mining, and infrastruc...

Mitsubishi Corp shares are cheap, with a prospective free cash flow yield of 8.3% and a dividend yield of 5.1%. Management has a positive stance towards shareholder returns, aiming for progressive growth in dividend payments. A blue chip trading company with a balanced portfolio, ...

Two recent Buffett actions may seem out of character: a $6.5 billion investment in stodgy Japanese trading companies and a $500 million investment in hot IPO Snowflake; what's up? Buffett formed many lifetime principles as a 16-year-old horse handicapper, including the importance of i...

When teaching creative journalism back in the 1970s I always told my students to be wary of pretending to get inside the heads of actual human beings. You can do that legitimately only when they tell you straightforwardly what they were thinking, and even then you have to pay attention to what...

Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway ( BRK.A )...

Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway ( BRK.A )...

Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses or Sogo shosha. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hat...

Warren Buffett has pulled the trigger on $6 billion of investments into Japan's five biggest trading houses. The FT described them as "century-old commodity specialists that are increasingly transforming into global venture capital and private equity businesses". Berkshire Hathaway (BRK.A) (...