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Berkshire Hathaway Becomes Major Shareholder in Mitsui & Co.

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Berkshire Hathaway Becomes Major Shareholder in Mitsui & Co.

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An update from Mitsui & Co ( (JP:8031) ) is now available.

Mitsui & Co., Ltd. announced a significant change in its shareholder structure as Berkshire Hathaway Inc., through its subsidiary National Indemnity Company, has acquired 10% or more of Mitsui’s voting rights, making it a major shareholder. This development could impact Mitsui’s operations and industry positioning, as Berkshire Hathaway plans to hold the shares long-term and may consider further acquisitions, potentially influencing Mitsui’s strategic decisions and stakeholder interests.

The most recent analyst rating on (JP:8031) stock is a Hold with a Yen3350.00 price target. To see the full list of analyst forecasts on Mitsui & Co stock, see the JP:8031 Stock Forecast page.

More about Mitsui & Co

Mitsui & Co., Ltd. is a Japanese company headquartered in Tokyo, led by President and CEO Kenichi Hori. The company operates in diverse industries, offering a wide range of products and services, and is focused on expanding its market presence globally.

YTD Price Performance: 14.36%

Average Trading Volume: 5,841,809

Technical Sentiment Signal: Buy

Current Market Cap: Yen10627B

For an in-depth examination of 8031 stock, go to TipRanks’ Overview page.

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