Lates News

Warren Buffett previously stated that he expects Berkshire Hathaway's investment in Japanese trading companies to last at least 50 years or longer. The stock prices of Mitsubishi Corporation, Marubeni Corporation, Mitsui & Co., Itochu Corporation, and Sumitomo Corporation all rose by at least 3.1% on Wednesday in Tokyo. A wholesale trading sector index rose by 2.5%, making it the biggest contributor to the rise in the Tokyo Stock Exchange index. The Japanese market was closed for a holiday for two days. Buffett made the above remarks at the company's annual meeting, stating that the investment in Japan aligns with their interests.