Sogo shosha japan

Who are the big five sogo shosha of Japan?

Warren Buffett's Berkshire Hathaway has built 5% stakes in Japan's five biggest "sogo shosha" or general trading companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo. Their operations span multiple industries including mining, energy, food, aerospace, retail, real estate, finance, consulting, and logistics.

What is Japanese shosha?

Originally the "SHOSHA" were known as trading companies, and then the term evolved to general trading companies. In the interim however, they have expanded and diversified their functions and business fields to include not only trading, but also investment as well as services and industry development.

Is Sogo a Japanese company?

(株式会社そごう, Kabushiki gaisha Sogō) is a department store chain that operates an extensive network of branches in Japan….Sogo.

Which Japanese trading company is best?

Mitsubishi As in previous years, Mitsubishi made it to the top position in the Forbes Global 2000 ranking of 2019. With a market value of 42.5 billion U.S. dollars, it outstripped its strongest competitor Mitsui & Co., Ltd. by almost 15 billion U.S. dollars.

What is the meaning of sogo shosha?

general trading companies Sogo shosha (総合商社, sōgō shōsha, or general trading companies) are Japanese companies that trade in a wide range of products and materials. In addition to acting as intermediaries, sōgō shōsha also engage in logistics, plant development and other services, as well as international resource exploration.

Does Warren Buffett Own Itochu?

Itochu and its sogo shosha peers attracted global attention when well-known U.S. investor Warren Buffett's Berkshire Hathaway announced in August that it had acquired slightly more than 5% of five of them — Itochu, Mitsubishi Corp., Mitsui & Co., Sumitomo Corp. and Marubeni.

What are trading companies in Japan?

The big five trading houses are Mitsubishi, Mitsui, Sumitomo, Itochu and Marubeni.