The shares of the largest commercial role in Japan with Buffett Hikes Stake Stake

The shares of the largest Japanese commercial role rose on Tuesday after Warren Buffett Berkshire Hathaway She raised her shares overnight.

The 94 -year -old investor Holding Company She raised her shares in five Japanese commercial houses – Itochuand Marubiniand Mitsubishiand Mitzoy and Sumitomo – More than 1 percentage point each, to stakes ranging from 8.5 % to 9.8 %, according to an organizational report.

The shares increased in all five companies at least 4 % after a short period of open. Itochu and Marubeni were the major engines, as they advanced 4.12 % and 4.55 %, respectively, as at 10.05 am local time.

Buffett said that the five companies are the largest “Sogo Shosha”, or the role of trade, in Japan and invested through a wide range of sectors locally and abroad, “in a somewhat similar way to Berkshire itself.

He previously indicated his intention to increase his ownership in Japanese stocks – especially the five largest commercial houses – in it An annual letter to the shareholders It was released in February.

Berkshire was bought in the five homes in the summer of 2019. Its Japanese property amounted to $ 23.5 billion at the end of 2024, at a total cost of $ 13.8 billion.

– Yun Li and Hakyung Kim from CNBC contributed to this report.