Overview
- Warren Buffett's Berkshire Hathaway boosted its stakes in five Japanese trading houses and plans further investments in the country.
- Buffett cited the companies' high earnings yields and growing dividends as reasons for the increased investments.
- Berkshire Hathaway is holding the new stakes for the long term and is open to deal-making with the trading houses.
- Buffett's bullishness on Japan boosted investor sentiment about the country's stock market.