Buffett’s Berkshire Hathaway raises stakes in five Japanese trading houses to near 10%

Warren Buffett’s Berkshire Hathaway has increased its holdings in five major Japanese trading houses, including Mitsui & Co, Mitsubishi Corp, Sumitomo Corp, Itochu and Marubeni. This move, mentioned in regulatory filings, aligns with Buffett’s long-term investments in Japan’s commodity firms. The trading houses, also known as “sogo shosha”, play a significant role in various industries.