Buffett's Berkshire boosts stakes in Japanese trading houses

Billionaire investor's move comes after he stated his intention in annual letter

Warren Buffett, chairman and CEO of Berkshire Hathaway, recently told shareholders that the Nebraska-based conglomerate aimed to increase its holdings in Japan's trading houses. (Nikkei montage/Source photos by Shinya Sawai)

MITSURU OBE

March 17, 2025 17:14 JST

Updated on March 17, 2025 19:46 JST

TOKYO -- Warren Buffett's Berkshire Hathaway increased its holdings in five Japanese trading houses to close to 10%, backing up Buffett's earlier stated policy of increasing the stakes gradually.

The stakes were increased to 9.82% from 8.09% for Mitsui & Co., to 9.67% from 8.31% for Mitsubishi, to 9.3% from 8.3% for Marubeni, to 9.29% from 8.23% for Sumitomo, and to 8.53% from 7.47% for Itochu.