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Warren Buffett increases stakes in five Japanese trading houses
Warren Buffett has increased Berkshire Hathaway's stakes in five major Japanese trading houses—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—raising holdings to about 9.3%. This move, amid U.S. market turmoil, signals a strategic shift towards international investments, with Buffett expressing long-term commitment to these companies. The Japanese firms have shown strong management and capital deployment, prompting Buffett to support their boards for decades to come.
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