Mitsubishi Corporation says it has no shareholder benefit scheme. Its businesses range from natural gas and metals to vehicles and food.
Calendars and museum tickets
The FAQ’s answer concerns a shareholder benefit scheme. It does not say whether shareholders receive calendars or museum invitations with their mail.
The answer belongs to code 8058
Mitsubishi Corporation’s answer applies to code 8058. Mitsubishi Heavy Industries, Mitsubishi HC Capital, Mitsubishi Motors and MUFG each need their own answer. Even the familiar name can mislead: Mitsubishi Pencil’s FAQ says it is outside the Mitsubishi group.
Company story
The trading house behind familiar shops
Mitsubishi Corporation, KDDI and Lawson announced a deal in February 2024: Mitsubishi and KDDI would each own 50% of the convenience-store chain after a tender offer and delisting.
What Berkshire liked about the shares
Warren Buffett praised Mitsubishi and four other Japanese trading houses in Berkshire Hathaway’s 2024 shareholder letter. Berkshire had begun buying shares in the five in July 2019. Buffett singled out their willingness to increase dividends when appropriate and buy back shares when sensible.
Sources: Mitsubishi, KDDI and Lawson, 2024 ; Berkshire Hathaway shareholder letter, 2024