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Itochu Corp
Investing strategies
Buffett bets US$6 billion on Japanese trading firms
Berkshire acquired the stakes of about 5% in Itochu Corp., Marubeni Corp., Mitsubishi Corp., Mitsui & Co. and Sumitomo Corp. over the past twelve months.
August 31, 2020
Hot Stock
OUE Lippo Healthcare jumps 19% on deal with Itochu
SINGAPORE (Jan 11): OUE Lippo Healthcare is up 20% or 2 cents to 14 cents after Japanese trading-focused conglomerate Itochu Corp takes a 25% stake by private placement.
January 11, 2018
Japan's Itochu acquires 25.3% stake in OUE Lippo Healthcare for $79 mil
SINGAPORE (Jan 10): Itochu Corporation, one of the largest trading companies in the world, is all set to become a strategic investor in OUE Lippo Healthcare through the private placement of $78.8 million worth of shares.
January 10, 2018
Sumitomo Corp misses profit target and warns of uncertainty
TOKYO (May 9): Sumitomo Corp warned that its business outlook is becoming more uncertain, after missing its full-year profit target due to widening impairments on its resources investments.
May 09, 2016