Marubeni (TSE: 8002): Sub-9x Earnings, Grain Tariff Overhang, and a Power Infrastructure Business Nobody Is Pricing

The cheapest of Buffett's five Japanese holdings. A US tariff risk that may be mis-priced. And a 10GW power infrastructure portfolio that markets are largely ignoring. Of Japan's Big Five sogo shosha, Marubeni Corporation is the one that attracts the least attention outside specialist circles — and