Mitsubishi Corporation·Industrials

Warren Buffett retired as CEO on Dec. 31 and handed Berkshire Hathaway's proverbial keys to longtime understudy, Greg Abel. In Buffett's and Abel's respective letters to shareholders, neither listed this former No.

Mitsubishi stock has skyrocketed in part due to rising demand for LNG, copper, and other materials. Another Japanese stock, Marubeni, has also been a big winner for Buffett this year.

In 2019, Warren Buffett and Berkshire Hathaway announced significant investments in five of the largest Japanese trading houses. In his first annual letter to shareholders, Berkshire's new CEO, Greg Abel, said he expects these five stocks to remain in the large conglomerate's portfolio long term.

Greg Abel took over for Warren Buffett at the start of 2026, managing the bulk of Berkshire's portfolio. Abel said there are nine stocks where Berkshire will exhibit limited trading activity.
Mitsubishi Corporation engages in the natural gas, industrial materials, petroleum and chemicals, mineral resources, industrial infrastructure, automotive and mobility, food and consumer industry, power solution, and urban development businesses worldwide. The company's Natural Gas segment is involved in the natural gas/oil exploration, production, and development, as well as liquified natural gas businesses. Its Industrial Materials segment invests in, develops, and trades in carbon, steel products, and performance materials for the automobile and mobility, construction, and infrastructure industries. The company's Petroleum & Chemicals segment invests in, develops, and trades in crude oil and oil products, LPG, ethylene, methanol, salt, ammonia, plastics, and fertilizers. Its Mineral Resources segment invests in and develops metallurgical coal, copper, iron ore, and aluminum resources. The company's Industrial Infrastructure segment trades in energy infrastructure, industrial plants, machinery tools, agricultural machinery, mining machinery, elevators, escalators, ships, and aerospace related equipment. Its Automotive & Mobility segment produces, finances, and sells passenger and commercial cars; and mobility services. The company's Food Industry segment develops and sells food resources, fresh foods, consumer goods, and food ingredients. Its Consumer Industry segment engages in supplying products and services a range of fields, including retail & distribution, logistics, healthcare, apparel, and tire, etc. The company's Power Solution segment generates, transmits, and retails power; supplies power generating and transmitting products and equipment; develops and sells lithium-ion battery; develops hydrogen; and offers battery services. Its Urban Development segment engages in the leasing; and urban infrastructure and real estate development, operation, and management businesses. The company was incorporated in 1950 and is headquartered in Tokyo, Japan.
Industrials
Conglomerates
77,164
2010-06-09
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