Sumitomo Corporation: Do it the Buffet way

The article provides a deep dive into Sumitomo Corporation, a Japanese sōgō shōsha. It highlights the company's long history, diversified business portfolio, and strong financial fundamentals. The author notes that the company is trading at an attractive valuation with a P/E ratio of 9 and a dividend yield of 3.2%. A DCF analysis suggests a fair value of ¥4,503 per share, indicating a potential upside. The author also mentions that Warren Buffett's Berkshire Hathaway owns nearly 10% of the company, which is a strong vote of confidence. The article concludes that Sumitomo Corporation is a "value buy".