Subject: Itochu up on investment boost
TOKYO, April 3 (Reuters) - Japanese trading house Itochu (8001.T), opens new tab said on Wednesday it will step up investment in growth segments, aiming for record spending of 1 trillion yen ($6.6 billion) in the current financial year and a 10% rise in net profit.
Unveiling its management plan for the 2024/25 year that started on April 1, Itochu - in which Warren Buffett's Berkshire Hathaway (BRKa.N), opens new tab holds a minority stake - said it aims to boost profit to a record 880 billion yen from an estimated 800 billion yen in the year just ended.
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