Buffett-backed Japan trading houses rise on high shareholder returns

Report on Berkshire Hathaway's yen bond issuance lures further investment

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Warren Buffett visited Japan in April 2023 to reaffirm his confidence in his trading house investments.  (Photo by Shinya Sawai) 

AKANE OKUTSU and TSUKASA MORIKUNI, Nikkei staff writers

TOKYO -- Japanese trading houses -- stock market darlings since Berkshire Hathaway in 2020 disclosed its holdings in the sector -- are on another tear as they renew targets for higher shareholder returns.

Nikkei QUICK News on Tuesday morning reported on a new issuance of yen-denominated bonds by the Warren Buffett-led investment company. The report, which came five minutes before the Tokyo market opened, was seen as another factor for other investors to buy into the sector.

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