Mitsubishi

Buffett’s Berkshire lifts stakes in Japan trading houses, buoys shares

Berkshire’s continued ownership has brought renewed attention to Japan’s shoshas

In the latest sign of Japan Inc's growing appetite for South-east Asia's healthcare market, Mitsubishi Corp has acquired a strategic minority stake in Singapore's Fullerton Health.
THINKING ALOUD

Fullerton deal is no side gig for Japan Inc

Mitsubishi’s latest investment in Singapore’s Fullerton Health underscores how Japan Inc has been swooping in on healthcare assets across South-east Asia and reshaping the sector – block by block

The acquisition by Mitsubishi is part of a series of investments Fullerton Health has seen over the past few years, including a majority stake acquisition by Far East Drug in April 2024.

Mitsubishi Corp buys strategic stake in Singapore’s Fullerton Health

The healthcare group says it has no specific figures to share on the deal

Mitsubishi is a key supplier of LNG and has a stake in a US export facility in Louisiana.

Mitsubishi said in advanced talks on US$8 billion Aethon deal

Japan’s government sees the artificial intelligence boom potentially lifting power demand over the next decade, and has urged the nation’s private firms to invest in gas

Over the three-year period, Mitsubishi plans to allocate about one trillion yen to sustaining capital expenditure and more than three trillion yen to growth investments.

Mitsubishi plans to invest four trillion yen over next three years to drive growth

The firm’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according to LSEG data

Foxconn, officially known as Hon Hai Precision Industry, is hoping to use it as a foothold to collaborate on EVs with Nissan and Honda.

Mitsubishi Motors to outsource EV production to Taiwan's Foxconn

Mitsubishi Motors wants to lower production costs and shorten the development period for its product lineup

The transaction is expected to be completed in the third quarter, pending closing conditions and approvals from regulators and shareholders.

Bain to acquire Mitsubishi Tanabe Pharma in US$3.3 billion deal

The deal values Mitsubishi Tanabe Pharma at about 510 billion yen

The report came after Nissan and Honda last year said they would begin formal talks on the merger that could potentially create the world’s third-largest auto group.

Mitsubishi Motors considering not joining Nissan-Honda merger, Yomiuri says

MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, sources told Reuters on Friday.

Mitsubishi shut its Singapore-based oil unit in 2019 after saying a rogue Chinese trader lost more than US$300 million.

Mitsubishi Corp lost US$90 million in suspected China metal fraud, say sources

MITSUBISHI Corporation has suffered a loss of more than US$90 million in China after uncovering suspected fraud by one of its copper traders, according to sources familiar with the matter.