Berkshire Hathaway Raises Stakes in Five Japan Trading Houses, Nikkei Reports
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Dow Jones
--Berkshire Hathaway Inc. increased its stakes in five major Japanese trading companies to 7.4% each, Japanese business daily Nikkei reported Tuesday, citing an interview with Chief Executive Warren Buffett.
--Mr. Buffett also said he will consider more investments in Japanese stocks, according to the Nikkei report.
--Berkshire Hathaway in August 2020 said it took stakes of slightly more than 5% in Mitsubishi Corp., Mitsui & Co., Sumitomo Corp., Itochu Corp. and Marubeni Corp.
Full story: https://s.nikkei.com/41ieZbD
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
April 10, 2023 23:13 ET (03:13 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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