Warren Buffett’s Berkshire Hathaway Inc. is planning to sell yen bonds in the global markets, after the billionaire revealed that the firm is looking to increase ownership in Japan’s five main trading houses.
Warren Buffett’s growing interest in Japanese equities, particularly in five major trading firms, reflects his confidence in their strong fundamentals and attractive valuations.
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Under30CEO on MSNbuffett’s berkshire expands stakes in japanese trading housesWarren Buffett’s Berkshire Hathaway has increased its stakes in five Japanese trading houses to nearly 10% each. The company raised its holdings by more than 1 percentage point each, ranging from 8.5% to 9.
Berkshire Hathaway raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo.
Warren Buffett’s Berkshire Hathaway has reportedly raised its stakes in five of Japan’s largest trading houses.
When Warren Buffett moves, the entire financial world sits up and takes notice. The investing icon, still going strong at 94, is arguably the most widely tracked man in global finance. Mint decodes his latest Japanese investments and what they may mean to investors.
He originally agreed with all five trading houses to keep Berkshire's stake in the businesses below 10%. However, they all agreed to lift that restriction recently, opening the door for him to increase Berkshire's stake further in 2025. Its current stakes range from 8.53% at Itochu to 9.82% for Mitsui.
This ETF tracks an index composed of large- and mid-cap Japanese stocks with value characteristics. Its top holdings include Toyota Motor, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Nintendo. The fund has about 40 percent of its assets in the top 10 holdings.
Warren Buffett's Berkshire Hathaway raised its holdings in five Japanese trading houses, regulatory filings showed on Monday, in the U.S. conglomerate's latest investments in Japan's top commodity firms that began nearly five years ago.