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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: rnam ✭☼  😊 😞
Number: of 22353 
Subject: Itochu up on investment boost
Date: 04/03/24 10:34 AM
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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.

reuters.com - Japanese trading house itochu expects higher profit this financial year

Stock up about 7.5%.
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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
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