Mitsubishi

Buffett Invests $170 Million In Japan’s Mitsui And Mitsubishi

Buffett Invests $170 Million In Japan’s Mitsui And Mitsubishi

Berkshire Hathaway increases stakes in Mitsui and Mitsubishi, signaling Buffett’s long-term confidence in Japan’s trading giants and global partnerships.

Warren Buffett’s Berkshire Hathaway has expanded its holdings in two of Japan’s biggest trading houses, investing an estimated $170 million as part of a long-term strategy to strengthen ties with Japanese industry.

The purchases, made through Berkshire’s insurance arm, National Indemnity, increased the conglomerate’s stakes in Mitsui & Co. and Mitsubishi Corp. to about 10.1% and 10.2%, respectively. The transactions took place between March and September, based on filings in Japan and current exchange rates.

The move marks Buffett’s continued commitment