Japan Trading House Stocks Soar as Warren Buffett Increases Stake

Investing00:26 ET

Berkshire "as promised" increased its Shareholding in Japan's five major trading companies, with an average holding ratio close to 10%.

The shareholding ratios of Mitsui & Co. increased from 8.09% to 9.82%, Mitsubishi Corporation's shareholding rose from 8.31% to 9.67%, Sumitomo Corporation's shareholding increased from 8.23% to 9.29%, Itochu Corporation's shareholding was raised from 7.47% to 8.53%, and Marubeni Corporation's shareholding went up from 8.30% to 9.30%. Munger once stated that Buffett's bet on the Japanese stock market is a "once in a century" opportunity, as the low interest rate environment allows investors to achieve substantial returns at almost zero cost.

wallstreetcnMar 17 04:44 ET

Japan Shares Gain on China's Consumption-Boosting Measures

MT NewswiresMar 17 02:38 ET

Japanese bonds have fallen to their lowest point since 2009! The Governor of the Bank of Japan reiterates the determination to 'reduce the balance sheet' and holds an optimistic view on salary prospects.

Kazuo Ueda stated, "From now on, we may see inflation easing driven by import costs, while wages will continue to rise steadily. Therefore, we expect real wages and Consumer spending to improve in the future." The Bank of Japan has also begun to implement an Algo tightening plan, with the monthly purchase of ​Bonds expected to be halved to 3 trillion yen by early 2026.

wallstreetcnMar 13 05:14 ET

Japanese Equities Still Look Constructive -- Market Talk

WSJMar 11 22:59 ET

Express News | Japan's Topix Falls to Lowest Since Oct 28

ReutersMar 10 21:00 ET