TOKYO — Japanese trading houses invested in by Warren Buffett-led Berkshire Hathaway posted mixed results for the April-June quarter, mostly beating market expectations while maintaining annual earnings estimates even as political and economic uncertainty grows around the world.
Itochu, Mitsui & Co., Mitsubishi Corp., Sumitomo Corp. and Marubeni deal in sectors ranging from commodities and foodstuffs to real estate and clothing, finding favor with Buffett, the legendary U.S. investor known for holding on to shares for the long term.
