Billionaire investor and Berkshire Hathaway chairperson Warren Buffett has increased the company's holdings in Japan's five biggest trading houses. Berkshire Hathaway increased stakes in Itochu, Marubeni, Mitsubishi Corp., Mitsui & Co., and Sumitomo. Buffett's stakes in those trading houses now average more than 8.5%. - The nation's stock market, Nikkei 225, is seeing multi-year highs and investing has helped the shares soar. 10 weeks of consecutive gains have the Nikkei up 28% on the year.
- Japanese trading houses deal in materials, products, and foods, while providing logistical support and serving as intermediaries.
- The aggregate investments are the largest of any Berkshire-held public stocks outside the U.S.
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