Berkshire Hathaway Increases Stake in Two Japanese Trading Houses to Over 10%
Berkshire Hathaway has increased its ownership in Sumitomo Corp. and Marubeni Corp. to over 10%, signaling a long-term commitment to its Japanese trading house investments. This move, part of a broader strategy initiated in 2020, is seen as a continuation of Warren Buffett's investment approach under new CEO Greg Abel.
Topics: Berkshire Hathaway Investment Strategy Japan Stock Holdings Warren Buffett