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Interview

Mitsui tells new shareholder Warren Buffett health care is the future

CEO Tatsuo Yasunaga eyes greater diversification with US investor's help

In an interview with Nikkei Asia in Tokyo, Mitsui President and CEO Tatsuo Yasunaga stressed his will to work with Berkshire Hathaway to expand into new businesses. (Photo by Ken Kobayashi)

TOKYO -- Mitsui & Co.'s CEO has laid out his plans to work with Warren Buffett following the U.S. investor's notable bet on Japan's trading houses, saying his company has a big opportunity to strengthen its health care business and reduce its dependency on resources.

Tatsuo Yasunaga told Nikkei Asia that Mitsui had quickly entered talks with Buffett's Berkshire Hathaway investment vehicle and that the investment would bring "mutual benefits" but warned there is no room for his company to be complacent about its performance.

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