Berkshire Hathaway Signals Intent to Increase Stakes in Japanese Trading Houses
Berkshire Hathaway Chief Executive Greg Abel has indicated the company plans to expand its investments in Japan’s major trading houses, citing strong long-term fundamentals. The announcement prompted immediate gains in shares of the targeted Japanese conglomerates.
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Japan Trading House Stocks Gain as Berkshire Signals Commitment
Shares of Japanese trading houses rose after Berkshire Hathaway Inc.’s Chief Executive Officer Greg Abel said his conglomerate intends to hold its stakes in the firms for many decades.
By Alice French
Read full article →Berkshire CEO Greg Abel vows long-term support for Japan trading houses
Berkshire Hathaway has increased its stake in Mitsubishi, Mitsui & Co., Itochu, Sumitomo and Marubeni to more than 10% in recent years.
Read full article →Berkshire bets more on Japan’s top trading houses: Do their fundamentals hold up?
By Investing.com
Read full article →


