Buffett wins again! The five major trading companies are successively making the highest profits, and is it expected that they will maintain good performance in the future?

Warren Buffett, a famous American investor called the “god of investment,” raised the shareholding ratio of the five major trading companies to 7.4% on 4/11 this year. Other than US stocks, it was clarified that Japanese stocks became the biggest investment destination.

General Trading Company's consolidated financial results for the fiscal year ending 2023/3 were ready on the 9th. Of the five major companiesTotal net profit exceeded approximately 4.2 trillion yenFrom the fiscal year ending 21/3, when mass ownership by Mr. Buffett beganOver 4 timesIt increased to. Among them, the net profit of Mitsubishi Corporation increased 26% from the previous fiscal year to 1.1806 billion yen, breaking a record high, and along with Mitsui & Co., net profit broke through the 1 trillion yen mark for the first time in history for a general trading company.

Under such circumstances, with regard to earnings forecasts for the fiscal year ending 2024/3, it was announced that all five major trading companies would decrease profit compared to the previous year.Will the five major trading company stocks continue to perform well?

While it is necessary for the five major trading companies to show sustainable performance growth in order to respond to Mr. Buffett's investment principles based on long-term ownership, each company's management team appealed for policies to reduce dependence on resources and energy during interviews with Mr. Buffett. Products such as decarbonization and digitalInvestments in next-generation businesses that are not affected by market conditions hold the key to future growthAs a result, each company indicated a policy to accelerate decarbonization movements.

・The Mitsubishi Group, starting with Mitsubishi Corporation, invests in startup companies, etc. with technology leading to decarbonization, and has launched an investment fund amounting to approximately 135 billion yen, which is the largest in Japan in this field. Also, according to Mitsubishi Corporation's medium-term management plan, it is planned to invest 3 trillion yen overall by 2024, of which 1.2 trillion yen will be invested in EX related businesses such as renewable energy.

・Mitsui & Co., Ltd. indicated a policy to focus on the visualization area where numerical values are accurately calculated and analyzed in order to realize a decarbonized society.

・ITOCHU Corporation indicated a policy to create new businesses by utilizing digital data closely linked to daily life, such as consumption and electricity.

・Sumitomo Corporation is considering launching a product sales business in Japan through low carbon cement manufacturing technology guidance (Fortera Cement).

・Marubeni has indicated a policy to sell low-carbon aluminum products produced using renewable energy to major domestic carriers.