Warren Buffett Increases Investment in Five Major Japanese Trading Firms

Reported 1 day ago

Warren Buffett's Berkshire Hathaway has significantly increased its stakes in five major Japanese trading houses—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—raising its holdings by 1 to 1.7 percentage points. Following a year of stock sales, Berkshire now holds over $334 billion in cash, allowing for potential further investments after the firms relaxed restrictions on ownership. Buffett praised the companies' management and hinted at more buy-ins in the future.

Source: YAHOO

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