Berkshire is reported to be raising yen funds this week, will Mr. Buffett buy more trading company shares? Invest in other industries?

It is reported that Berkshire Hathaway, led by Warren Buffett, will decide the conditions for issuing yen-denominated corporate bonds later this week. After the issuance conditions are decided, payments will be completed as early as 1 week or so, and yen funds will be obtained. It is believed that the company also used yen funds obtained by issuing yen-denominated corporate bonds in April to acquire Japanese trading company shares,The view that this fundraising will also be used to invest in Japanese stocksis spreading.

Berkshire issued 5 yen denominated corporate bonds with a term limit of 3 to 30 years in April this year, and raised a total of 164.4 billion yen. The holding ratio of shares of the five major trading companies by Berkshire rose from the 6% range to the 7-8% range in June, and there are many views that the funds raised were used to acquire trading company shares.
This time, corporate bonds denominated in yen will be issued following April. According to Bloomberg and others, it is expected that the issuance period, procurement amount, issuance conditions, etc. will be decided by looking at investor demand from a period of 3 to 30 years similar to the previous one.

Bloomberg on the 8th is”For Mr. Buffett, Japanese stocks may seem undervaluedAlong with Fund Manager Kato Haruyasu of Asset Management One pointing out”, it also touched on the possibility of further investment in Japanese stocks. The Nihon Keizai Shimbun dated 9thTrading company stocks rose as speculations about additional investments in Berkshire spreadIt was reported.

On the other hand, there is also a view that Mr. Buffett has already invested in Japanese stocks. Eiji Kinouchi, chief technical analyst and person in charge of theme research at Daiwa Securities, stated in the report that Berkshire “bought (Japanese stocks) in advance and allocated yen later with corporate bonds,”There is a possibility that Mr. Buffett has already invested in Japanese stocksI pointed it out. After analyzing the sectors that have outperformed in the past 1 to 2 months, Mr. Kinouchi saidShares purchased this time are not trading company shares” is expected. As a sector of stocks that Mr. Buffett may have purchased,Insurance, banks, automobiles, semiconductors, miningI listed things like that. Mr. Kinouchi says there is a possibility that investment destinations will be revealed in the mass ownership report as early as next Monday (20th) (Bloomberg, 9th).