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Warren Buffett’s Berkshire Hathway, Mitsubishi Corp., Mitsui & Co., ITtochu, Marubeni and Sumtomo, are all up to 7.4%.
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Shares of the largest Japanese trade houses showed that Warren Buffet was after the regulatory document on Tuesday Berkshire Hathaway He raised their shares.
The 94-year-old investor’s holding company raised their holdings in five Japanese trade houses – ITochu, Marubeni, Mitsubishi, Mitsui and Sumitomo – According to a regulatory document on Monday, each varies between 1 percent, 8.5% to 9.8%.
The shares in all five companies have increased at least 4% shortly after the open. Itochu and Marubeni were the best presenters in the 4.12% and 4.55%, as at 10.05 local time.
Five companies are the largest “Sogo Shosha” or trading houses
Earlier, the intention of increasing property in Japanese shares – especially the largest five commercial homes – in it Annual letter to shareholders Released in February.
Berkshire entered five houses in the summer of 2019. Japanese holdings in late 2024, the total cost amounted to $ 23.5 billion.
– CNBC’s Wool and Hakyung, who contributed to this report.
Clarification: The article has been updated to clarify that Berkshire Hathaway’s share purchases are broadcast on Monday.
