Berkshire Hathaway Boosts Stakes in Japan's Top Trading Houses
Warren Buffett's firm increases holdings in five Japanese conglomerates, signaling long-term confidence and global diversification.
- Berkshire Hathaway has raised its stakes in Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo to between 8.5% and 9.8%, according to regulatory filings.
- The largest increase was in Mitsui, where Berkshire's stake grew from 8.09% to 9.82%, reflecting Buffett's growing admiration for these firms.
- Buffett praised the companies for their prudent management, sensible capital allocation, and modest executive compensation compared to U.S. standards.
- The announcement has driven a rally in the shares of all five trading houses, with gains of at least 4% across the board.
- The move reflects Berkshire's strategic pivot toward international markets during a period of U.S. market volatility driven by tariff policies.