Berkshire Hathaway’s chairman and CEO Warren Buffett brought the Japanese market into the spotlight, as he revealed that he had increased his stakes in Japan’s five large trading companies during a recent trip to Tokyo.
The renowned stock-picker, who first purchased the trading companies in 2020, told the Nikkei during his visit that he may further boost investment in Japanese stocks. Furthermore, Buffett subsequently reportedly said he was "not done" with Japan at Berkshire Hathaway's annual meeting early in May. Sogo shosha Before discussing the potential impact of Buffett's interest in Japan, it is worth explaining what Japanese trading companies are as well as their potential appeal. These firms, known domestically as ‘sogo shosha', are unique to Japan. While trading companies with a specific f...
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